The second phase of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) will include a 10 GW agrivoltaics component to promote the colocation of solar panels with crops. According to Minister for New and Renewable Energy Pralhad Joshi, the Union Government is preparing PM-KUSUM 2.0, with a focus on enabling farmers to generate electricity while continuing to cultivate agriculture on the same land.

The Karnataka High Court issued an interim order stopping activities related to the construction of the 2 GW Sharavathy pumped storage project (PSP) in Karnataka. The High Court noted that the Sharavathy Valley Lion-Tailed Macaque Sanctuary was designated to preserve the environment of the endangered lion-tailed macaque, and any disturbance to its habitat would undermine the main purpose of declaring it a sanctuary.

Maharashtra set a target of achieving 75% clean energy by 2047, with the 2026–27 budget outlining measures across solar deployment, rooftop solar subsidies, and pumped hydro development. The government also underscored the Maharashtra Renewable Energy and Energy Storage Policy 2025–2035, which aims to increase the share of green energy in the state’s electricity system to 50% by 2029 and 65% by 2035.

The Punjab State Electricity Regulatory Commission rejected Punjab State Power Corporation’s plea to procure power from 2,200 MW of interstate transmission system (ISTS)-connected solar projects, as their landed cost would exceed the tariff ceiling. The Commission said the weighted landed cost of the proposed solar power at the state periphery would be about ₹3.03 (~$0.0329)/kWh.

The Rajasthan Electricity Regulatory Commission issued draft amendments to its Renewable Purchase Obligation Regulations, 2023, proposing changes to align the state’s framework with recent central government notifications under the Energy Conservation Act. Stakeholders can submit their comments and suggestions by March 23, 2026.

The Tamil Nadu Electricity Regulatory Commission approved a tariff of ₹4.47 (~$0.048)/kWh for two 15 MW solar projects integrated with 45 MWh battery energy storage systems in the Karur and Thiruvarur districts. The projects will be implemented under a 25-year power purchase agreement. For the Karur project, the Commission allowed Tamil Nadu Green Energy Corporation to issue a letter of award to Evolve Green Energies, the L1 bidder.

The Telangana Electricity Regulatory Commission set an additional surcharge of ₹0.13 (~$0.0014)/kWh on applicable open access consumers for the first half of the financial year (FY) 2026-27, covering the period from April 1, 2026, to September 30, 2026. The approved surcharge represents a change from the previous six-month period.

Waaree Renewable Technologies (WRTL), the engineering, procurement, and construction (EPC) arm of the Waaree Group, won an EPC contract to execute a 300 MW ground-mounted solar project for an unnamed Indian entity. WRTL will complete the solar project during FY 2028. The company has executed 10,000 solar EPC contracts, totaling 3.95 GW in operational capacity.

Punjab State Power Corporation invited bids to set up 500 MW/1,000 MWh battery energy storage systems in Mohali and Jalandhar. The last date to submit bids is April 10, 2026. Bids will be opened on April 16. Bidders must submit ₹471,000 (~$5,118)/MW as an earnest money deposit. Bidders must also furnish a performance bank guarantee of ₹1.17 million (~$12,713)/MW. The minimum bid size should be 100 MWh, i.e., 50 MW x 2 hours.

The Solar Energy Corporation of India (SECI) invited bids to supply 1 GW of round-the-clock thermal mimic power from ISTS-connected renewable energy projects for 25 years. The last date to submit bids is May 4, 2026. Bids will open on May 7. The scope of work covers the setup of renewable energy projects with energy storage systems, primarily to supply power to SECI.

Gujarat-based GREW Solar secured a repeat order worth approximately ₹5 billion from a domestic independent power producer to supply M10R TOPCon solar modules. These high-efficiency modules will be deployed across several upcoming utility-scale solar projects in India. The company operates a 6.5 GW solar module manufacturing plant in Dudu, Rajasthan, with plans to scale to 11 GW, and is setting up an 8 GW solar cell and ingot-wafer facility in Narmadapuram, Madhya Pradesh.

West Bengal State Electricity Distribution Company (WBSEDCL) invited bids for the operation and maintenance of 8.4 MW of rooftop solar projects on buildings owned by WBSEDCL/West Bengal State Electricity Transmission Company for five years. The deadline to submit bids is March 30, 2026. Bids will be opened on April 2.

Mumbai-based Privi Speciality Chemicals will procure power from a 16.60 MW solar project as a captive user by acquiring a 26% equity stake in Radiance MH Eleven, a special purpose vehicle (SPV) of Radiance Renewables, which is developing the project in Maharashtra. The company entered into a power purchase agreement and a share subscription and shareholders’ agreement with the SPV by investing ₹17.75 million (~$193,143), and subscribing to 47,103 equity shares at ₹377 (~$4.10)/share, including a face value of ₹10 (~$0.11) and a premium of ₹367 (~$3.99)/share.

Mufin Green Finance, a non-banking financial company focused on financing sustainable assets, raised ₹3.24 billion (~$35.22 million) through the preferential allotment of equity shares and warrants. Mufin Green allotted 24,930,765 fully paid-up equity shares with a face value of ₹1 (~$0.011) each, at a premium of ₹97 (~$1.05) per share, for a total issue price of ₹98 (~$1.07) per share.