India’s battery energy storage sector is expanding rapidly, but a less visible challenge is emerging as projects move from planning to operation: the impact of real-world cycling on battery degradation and long-term economics. Early discussions around battery energy storage systems have focused on installed capacity, tariffs, and capital costs.

Potaliya Petrochemicals and Kishan Infrastructure Industries won the Solar Energy Corporation of India’s auction to install 17.77 MW of grid-connected rooftop solar projects on government buildings in Puducherry (Tranche-V). Potaliya Petrochemicals won 15 MW, and Kishan Infrastructure Industries won 2.768 MW at a tariff of ₹4.11 (~$0.0434)/kWh.

The Maharashtra Electricity Regulatory Commission modified aspects of its multi-year tariff order, revising time-of-day banking rules and rationalizing the rebate structure to better align with regulatory principles and solar consumption patterns. The Commission has clarified that banked energy can be drawn only within the same or lower tariff time block.

India targeted expanding its power transmission network by 137,500 circuit km of lines and 827,600 MVA of substation capacity, at an estimated cost of ₹7.93 trillion (~$84.33 billion), to support 900 GW of non-fossil fuel capacity by the financial year 2035-36, according to the Central Electricity Authority.

India aims to cut its emissions intensity by 47% from 2005 levels by 2035, reach 60% of its total installed power capacity from non-fossil fuel sources by 2035, and establish a carbon sink of 3.5 to 4 billion tons of CO₂ equivalent through forest cover by 2035, according to the new Nationally Determined Contribution for 2031-2035.

The Madhya Pradesh Electricity Regulatory Commission approved higher tariffs for electricity consumers across all categories for the financial year 2026-27. The tariff order has raised fixed charges and energy charges for industrial, commercial, and power-intensive consumers. In its analysis, the Commission examined key cost components, including power purchase expenses, working capital, and interest obligations, admitting interest on working capital of about ₹1.48 billion (~$15.72 million) across distribution companies.

The Jharkhand State Electricity Regulatory Commission increased retail electricity tariffs for all categories for the financial year 2026-27. The Commission has also increased open access charges, including cross-subsidy surcharge and wheeling charges, with notable year-on-year hikes. Industrial consumers have seen an increase in energy charges across all categories, while fixed charges remain unchanged.

MAHAGENCO NTPC Green Energy, a joint venture company of MAHAGENCO and NTPC Green Energy, issued an expression of interest to procure 10,000 acres of land for the development of solar and renewable energy projects across Maharashtra. Bids must be submitted by April 13, 2026. Bids will be opened on April 15. The minimum requirement is 1,000 acres in a single contiguous location, with preference given to larger land parcels capable of supporting higher project capacities at a single site.

Surat-based renewable energy solutions provider KP Energy secured an order from JK Paper to set up a 91.4 MW wind-solar hybrid project in Gujarat on a turnkey basis. KP Energy’s scope of work entails the engineering, procurement, installation, and commissioning of the hybrid projects. It also includes providing operation and maintenance services for the balance of project of the wind capacity and the solar project’s fully installed capacity.

Electric vehicle manufacturer Euler Motors raised ₹4.37 billion (~$46.2 million) in a Series E funding round. This round was led by Lightrock and saw Hero MotoCorp and Blume Ventures returning as investors. The funding round was complemented by ₹2.5 billion (~$26.398,125) secured in debt from BlackSoil, Trifecta Capital, InnoVen Capital India, and Alteria Capital.

Singapore-headquartered energy-as-a-service infrastructure platform August Energy secured long-term project financing of ₹1.3 billion (~$15 million) in debt from Aseem Infrastructure Finance for a portfolio of renewable energy projects in the commercial and industrial segment. The financing will support multiple assets across the portfolio of August Energy India, a subsidiary of August Energy.

The U.S. International Trade Commission initiated a Section 337 investigation into imports of Tunnel Oxide Passivated Contact (TOPCon) solar cells and modules, naming three Indian companies among a broad list of global manufacturers accused of patent infringement. The investigation stems from a complaint filed by First Solar, a solar manufacturer headquartered in Arizona, alleging that multiple solar manufacturers are importing products that infringe its patents related to TOPCon solar cells.