Grid

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MHI Slashes Incentives for Electric Two and Three-Wheelers Under PM E-DRIVE

The Ministry of Heavy Industries (MHI) has amended certain provisions of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program,...

April 1, 2026

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Rakesh Ranjan

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Electric Vehicles

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Market & Policy
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Karnataka Extends Discounted Power Tariff Program to Open Access Consumers

The Karnataka Electricity Regulatory Commission (KERC) has extended the Discounted Energy Rate Scheme (DERS) to open access consumers. A reduced tariff will apply to...

April 1, 2026

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Melvin Mathew

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Market & Policy

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Open Access
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PFC Tenders Transmission System to Evacuate 2.7 GW of Pumped Storage Capacity

PFC Consulting has invited bids to set up an intrastate transmission system by setting up the 400 kV Igatpuri-Murbad switching station to evacuate 2.7 GW of pumped...

April 1, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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Himachal Pradesh Cuts Power Tariffs Across Consumer Categories in FY 2027

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has slightly reduced tariffs across all consumer categories for the financial year (FY) 2026-27. The...

April 1, 2026

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Melvin Mathew

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Market & Policy

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Solar

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T&D
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MENA Weekly Round-Up: Egypt Signs 5.6 GW Renewable and Battery Storage Deals

Egypt signed agreements for renewable energy and battery storage projects totaling 5.62 GW. The deals include wind and solar projects, as well as large-scale battery...

April 1, 2026

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Meghana Prasad

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Market & Policy

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Renewable Energy
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Oil Firms Install 27,737 EV Chargers Between FY 2021 and FY 2026

Government-owned oil marketing companies have installed 27,737 electric vehicle public charging stations (EV PCS) across the country between the financial year (FY) 2021...

March 31, 2026

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Melvin Mathew

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Electric Vehicles

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Grid
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Adani Energy Solutions Bags Transmission Augmentation Project in Maharashtra

Adani Energy Solutions has been selected by PFC Consulting to develop the interstate transmission system (ISTS) for the drawal of power from the South Kalamb substation:...

March 31, 2026

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Arjun Joshi

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Grid

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Tenders and Auctions
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CERC Extends Applicability of Deviation Pool Rules Until October 2026

The Central Electricity Regulatory Commission (CERC) has extended the applicability of the existing mechanism for sharing deficits in the Deviation and Ancillary Service...

March 31, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Rajasthan Regulator Notifies Resource Adequacy Regulations

The Rajasthan Electricity Regulatory Commission has notified the Framework for Resource Adequacy Regulations, 2026, which outlines a mechanism for planning generation...

March 31, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Bacancy Secures ₹400 Million to Expand EV and Railway Electronics Business

Gujarat-based embedded electronics and power systems company Bacancy Systems has raised ₹400 million (~$4.24 million) in a Series A funding round led by Sabre Partners...

March 31, 2026

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Rakesh Ranjan

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Electric Vehicles

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Market & Policy
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Rajasthan Regulator Issues Interim Order to Enforce Resource Adequacy Framework

The Rajasthan Electricity Regulatory Commission (RERC) has directed all distribution companies (DISCOMs) in the state to prepare and submit comprehensive resource...

March 30, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Euler Motors Secures ₹4.37 Billion in Series E Funding Round

Electric vehicle (EV) manufacturer Euler Motors has raised ₹4.37 billion (~$46.2 million) in a Series E funding round. This round was led by Lightrock and saw Hero...

March 27, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Madhya Pradesh Hikes Power Tariff for FY 2026-27 Across All Categories

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has approved higher tariffs for electricity consumers across all categories for the financial year (FY)...

March 27, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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India Eyes 137,500 ckm Grid Expansion to Support 900 GW Renewables by FY 2036

India has targeted expanding its power transmission network by 137,500 circuit km (ckm) of lines and 827,600 MVA of substation capacity, at an estimated cost of ₹7.93...

March 27, 2026

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Parth Shukla

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Grid

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Market & Policy

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Renewable Energy
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Maharashtra Revises Energy Banking Rules in Modified Multi-Year Tariff Order

The Maharashtra Electricity Regulatory Commission (MERC) has modified aspects of its multi-year tariff (MYT) order, revising time-of-day (ToD) banking rules and...

March 27, 2026

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Arjun Joshi

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Grid

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Market & Policy

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