The Ministry of New and Renewable Energy (MNRE) designated the Solar Energy Corporation of India (SECI) as the sole renewable energy implementing agency (REIA) for issuing renewable energy procurement bids as an intermediary procurer. However, other REIAs will continue to manage and fulfill obligations related to bids already issued by them, including ensuring the signing of power sale agreements and power purchase agreements for projects for which letters of award have been granted.

The Gujarat Electricity Regulatory Commission (GERC) retained power tariffs for all consumer categories, including low-tension, high-tension, and extra-high-tension, at the previous year’s levels. It has, however, raised cross-subsidy surcharge and wheeling charges for open access power consumers. The Commission has increased the rebate for consumers opting for prepaid smart metering from 2% last year to 3%.

The Rajasthan Electricity Regulatory Commission largely carried forward the existing retail electricity tariff structure for the financial year (FY) 2026–27, while revising key surcharge components and open access charges.

Electric vehicle (EV) sales in India reached 696,769 units in the first quarter of 2026, an increase of over 35.5% year-over-year against the 514,198 units. EVs account for 9% of overall automobile sales, which totaled 7,889,101 units in Q1 2026, according to data released by the Ministry of Road Transport and Highways through its Vahan Dashboard. India now has over 8.35 million registered EVs.

The Himachal Pradesh Power Corporation invited bids for the design, supply, construction, and commissioning of a 9 MW solar power project with a 3.15 MW/6.3 MWh battery energy storage system at Dabhota in the Solan district of Himachal Pradesh. The successful bidder will also be responsible for the operation and maintenance (O&M) of the project for 15 years.

Northern Railway issued a tender for the annual comprehensive O&M of 1 MW solar projects installed at various locations at Shri Mata Vaishno Devi Katra Railway Station, platform shelters, and service buildings in and around Katra, Jammu and Kashmir. Bids must be submitted by April 27, 2026. The estimated cost of the project is ₹1.69 million (~$18,235).

Maharashtra-headquartered energy transition equipment and power technology company Quality Power’s Türkiye-based material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ received an order to supply and integrate battery energy storage systems worth ₹1.52 billion (~$16.32 million) by an undisclosed international customer. The company said the order value can increase to ₹2.92 billion (~$31.36 million).

The Indian Energy Exchange reported the highest-ever electricity trading volume of 141 billion units (BU) in the FY 2026, an increase of 17% YoY. India’s power demand grew by 1.1% YoY during the year. According to government data published in March 2026, the country’s energy consumption reached 149.56 BUs, an 1.8% YoY increase.

Mumbai-based EV solutions company Neuron Energy commissioned a ₹1 billion (~$10.76 million) battery energy storage system manufacturing facility with an annual capacity of 5 GWh in Talegaon, Maharashtra, marking its entry into the utility-scale energy storage segment. Spread across seven acres, the fully automated facility is designed to produce containerized battery storage units, enabling efficient storage of surplus renewable energy and dispatch during peak demand periods.

Cairn Oil & Gas, a Vedanta Group company, signed a power delivery agreement with renewable energy solutions provider Serentica Renewables to source 25 MW of wind-solar energy to support the operations of Cairn’s Mangala onshore oil production facility in Barmer, Rajasthan.

Solar module manufacturer Cosmic PV Power filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise up to ₹6.4 billion (~$69 million) through an initial public offering (IPO) comprising a fresh issue and an offer for sale.

Germany’s Federal Network Agency (Bundesnetzagentur) awarded 3,445 MW of onshore wind capacity in the February 2026 tender round, with 924 bids totaling 7,858 MW, indicating significant oversubscription. In the wind segment, 439 bids, representing the entire tendered capacity of 3,445 MW, were successful, while 24 bids were excluded from the award process.