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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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NCT Revises Timelines for Interstate Transmission Projects Under Bidding

The National Committee on Transmission (NCT) has approved revisions to the implementation timelines of several transmission projects currently under bidding with the Central Transmission Utility of India (CTUIL), highlighting delays in many...

March 12, 2026

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Adani Energy Raises $500 Million from Apollo for Transmission Arm

U.S.-based global alternative asset manager Apollo Global Management-managed funds, affiliates, and other long-term investors have purchased $500 million (~₹45.96 billion) in investment-grade-rated senior secured private placement notes from ATSOL...

March 12, 2026

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Mahindra Susten Secures ₹10.25 Billion for 300 MW Renewable Project in Rajasthan

Mahindra Susten, the clean-tech platform of the Mahindra Group, has achieved financial closure for NHPC’s 300 MW renewable energy project in Rajasthan. The project, developed by Hazel Hybren, a wholly owned subsidiary of Mahindra Susten, secured ₹10....

March 12, 2026

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Daily News Wrap-Up: PM KUSUM 2.0 to Include 10 GW Agrivoltaics

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 Renewable Energy...

March 12, 2026

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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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