The Board of Directors of Waaree Energies has approved an investment of ₹1.9 billion (~$20.32 million) in its transformer solutions subsidiary Waaree Transpower, increasing its stake in the company to 75.1%. As of October 7, 2025, Waaree held a 64....

Mumbai-based electric mobility company GreenCell Mobility, in partnership with EKA Mobility, has received a letter of award to supply and operate 915 electric buses in Hyderabad, Telangana, under the government’s PM E-DRIVE (Electric Drive...

India’s peak power demand is expected to rise to 459 GW by 2035-36 from 289 GW in 2026-27, according to the Central Electricity Authority’s (CEA) National Generation Adequacy Plan (2026-27 to 2035-36). The adequacy plan aims to assess India’s...

The Central Electricity Regulatory Commission (CERC) has approved tariffs ranging from 2.43 (~$0.0259)/kWh to ₹2.47 (~$0.0263)/kWh discovered by NHPC for its 1,670 MW interstate transmission system (ISTS)-connected solar power projects (Tranche IX)....

The Central Electricity Regulatory Commission (CERC) has adopted tariffs of ₹2.68 (~$0.0287)/kWh and ₹2.69 (~$0.0288)/kWh for NTPC’s 1,500 MW of interstate transmission system (ISTS)-connected projects. The Commission ruled that the adoption of...

Gurgaon-based independent power producer ACME Solar Holdings has cumulatively commissioned 155 MW/470.25 MWh of battery storage projects in Rajasthan. Post the commissioning of the 470.25 MWh battery storage projects, the company’s commissioned...

The Dakshin Gujarat Vij Company, Tata Power Northern Odisha Distribution, Goa Power Department, and Tata Power Central Odisha Distribution were the top-performing state power utilities, according to the Annual Distribution Utilities Rankings for the...

NTPC Green Energy (NGEL) has invited expressions of interest (EoI) on behalf of NTPC UP Green Energy (NUGEL) to procure renewable energy from its upcoming 100 MW solar project with 50 MW/200 MWh of battery storage in Uttar Pradesh. NUGEL is a joint...

Metafin, a solar financing platform focused on rural micro, small, and medium enterprises (MSMEs) and households, has secured a $10 million structured debt facility from global asset-backed credit provider Lendable. The funding will be used to...

The Karnataka Electricity Regulatory Commission (KERC) has issued a discussion paper proposing a generic ceiling tariff of ₹3.24 (~$0.0346)/kWh for wind power projects for the financial year (FY) 2026-27 to FY 2028-29. The proposed tariff is lower...