Haryana-based solar module manufacturer Saatvik Green Energy recorded a revenue of ₹12.57 billion (~$139.04 million) in the third quarter (Q3) of FY 2026, representing a 142.6% year-over-year (YoY) increase from ₹5.18 billion (~$57.32 million). The...

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura. Founded in 2025, Drivn buys, owns, and leases electric buses and trucks for...

UJVNL, a Government of Uttarakhand undertaking, has floated two tenders to set up 15 MW/37.5 MWh standalone Battery Energy Storage Systems (BESS) each in the Udham Singh Nagar and Dehradun districts of Uttarakhand. The first project will be set up...

Integrated home battery systems and virtual power plant (VPP) software provider, Lunar Energy, has raised $102 million in a Series D funding round led by B Capital and Prelude Ventures. Lunar Energy will utilize the funding to expand its hardware...

The Rajasthan Electricity Regulatory Commission (RERC) has approved the Procedure for Grant of Connectivity to the Intra-State Transmission System (InSTS), which seeks to streamline connectivity approval for entities seeking new or modified...

Integrated power company Tata Power posted a profit of ₹11.94 billion (~$132.01 million) in the third quarter (Q3) of the financial year (FY) 2026, a slight increase of 1% year-over-year (YoY) from ₹11.88 billion (~$131.3 million). The company said...

REC Power Development and Consultancy (RECPDCL) has invited bids to set up an interstate transmission system (ISTS) to evacuate power from 5 GW of green hydrogen/ammonia projects in Visakhapatnam, Andhra Pradesh. The last date to submit bids is...

Haryana-based solar module manufacturer Saatvik Green Energy has invested ₹2.51 billion (~$27.75 million) in a 4 GW solar module manufacturing facility in Odisha. Saatvik Green subscribed to 8.5 million equity shares of Saatvik Solar Industries, a...

Aggressive bidding is rapidly becoming the defining feature of India’s energy storage tender landscape, raising concerns among stakeholders. As competition intensifies and tender volumes rise, discovered tariffs for battery energy storage systems...