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Industry Groups Slam Karnataka C&I Power Tariff Hike to Fund Farm Subsidy

Trade bodies have sharply criticized the Karnataka Electricity Regulatory Commission’s (KERC) decision to revise electricity tariffs for FY 2025-26, raising charges for commercial and industrial (C&I) consumers to help bridge ...

March 12, 2026

Mercom Research Focus

Q4 Sees Solar Open Access Slowdown in Karnataka, Rajasthan, UP

India’s solar open access market witnessed a slowdown in the fourth quarter (Q4) of 2025, with regulatory changes, tariff structuring, and grid constraints affecting project development and the pace of commissioning in major marke...

March 10, 2026

Markets & Policy

Karnataka High Court Stays 2 GW Sharavathy Pumped Storage Project

The Karnataka High Court has issued an interim order stopping activities related to the construction of the 2 GW Sharavathy pumped storage project (PSP) in Karnataka. The High Court noted that the Sharavathy Valley Lion-Tailed Mac...

March 11, 2026

Markets & Policy

PM KUSUM 2.0 to Have 10 GW Agrivoltaics Component: Pralhad Joshi

The second phase of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) will include a 10 GW agrivoltaics component to promote the colocation of solar panels with crops. According to Minister for New and Rene...

March 11, 2026

Latest News

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Ashok Leyland Breaks Ground on Battery Pack Facility in Tamil Nadu

Ashok Leyland, the automobile company owned by the Hinduja Group, has broken ground on a greenfield battery pack manufacturing facility in Pillaipakkam, Tamil Nadu, with an investment of ₹4 billion (~$43.34 million) to ₹5 billion (~$54.17 million)....

March 12, 2026

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Global Long-duration Energy Storage System Installations Cross 15 GWh in 2025

Global installations of long-duration energy storage (LDES) systems surpassed 15 GWh in 2025, marking a 49% increase compared with the previous year, according to Wood Mackenzie’s Long Duration Energy Storage Trends report. Among LDES technologies...

March 12, 2026

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US Solar Industry Sees 14% YoY Decline in 2025 with 43.2 GW Installed

The U.S. solar industry added 43.2 GW of new capacity in 2025, a 14% decline from 2024, according to the U.S. Solar Market Insight 2025 Year in Review report released by Wood Mackenzie and the Solar Energy Industries Association (SEIA). Even with...

March 12, 2026

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Mufin Green Finance Raises ₹3.24 Billion Via Share Sale

Mufin Green Finance, a non-banking financial company focused on financing sustainable assets, has raised ₹3.24 billion (~$35.22 million) through the preferential allotment of equity shares and warrants. Mufin Green allotted 24,930,765 fully paid-up...

March 11, 2026

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Telangana Sets ₹0.13/kWh Additional Surcharge for Open Access Consumers

The Telangana Electricity Regulatory Commission (TGERC) has set an additional surcharge of ₹0.13 (~$0.0014)/kWh on applicable open access consumers for the first half of FY 2026-27, covering the period from April 1, 2026, to September 30, 2026. The...

March 11, 2026

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TNERC Adopts Tariff for Two 15 MW Solar Plus 45 MWh Battery Storage Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved a tariff of ₹4.47 (~$0.048)/kWh for two 15 MW solar projects integrated with 45 MWh battery energy storage systems in the Karur and Thiruvarur districts. The projects will be...

March 11, 2026

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Privi Speciality Chemicals to Procure Power from 16.6 MW Solar Project

Mumbai-based Privi Speciality Chemicals will procure power from a 16.60 MW solar project as a captive user by acquiring a 26% equity stake in Radiance MH Eleven, a special purpose vehicle (SPV) of Radiance Renewables, which is developing the project...

March 11, 2026

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West Bengal Invites Bids for O&M of 8 MW Rooftop Solar Projects

West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for the operation and maintenance (O&M) of 8.4 MW of rooftop solar projects on buildings owned by WBSEDCL/West Bengal State Electricity Transmission Company for five...

March 11, 2026

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