Power Finance Corporation (PFC) and REC Limited’s merger is moving ahead in full steam, with execution plans being laid out to meet the statutory and regulatory...

Power Finance Corporation (PFC) has acquired 52.63% of the Government of India’s stake in REC Limited, making REC a subsidiary of PFC. The PFC Board took note of the...

Public infrastructure finance company REC’s revenue from operations increased by 10% to ₹446.41 billion (~$4.87 billion) against ₹407.52 billion (~$4.45 billion) in the...

The Telangana Electricity Regulatory Commission (TGERC) has amended the Terms and Conditions of Open Access Regulation, 2024, to clarify the regulatory treatment of...

The Central Electricity Regulatory Commission (CERC) has issued guidelines for virtual power purchase agreements (VPPAs), introducing a regulatory framework for an...

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 11.41 billion units (BU) in November 2025, a 17.7% year-over-year (YoY) increase. IEX said...

The Indian Energy Exchange (IEX) traded 11,233 million units (MU) of electricity in October 2025, representing a 16.5% year-over-year (YoY) increase. According to the...

The Haryana Electricity Regulatory Commission (HERC) has issued the terms and conditions for determining tariffs for renewable energy projects, renewable purchase...

Public infrastructure finance company REC has posted a net profit of ₹44.14 billion (~$530.4 million) for the second quarter (Q2) of the financial year (FY) 2026, up...

The Central Electricity Regulatory Commission (CERC) has proposed that designated entities, including electricity distribution licensees, open access consumers, and...

The Bihar Electricity Regulatory Commission (BERC) has set a target of meeting 43.33% of its energy requirements from renewable sources by the financial year (FY) 2030....

The Indian Energy Exchange (IEX) traded an electricity volume of 11,065 million units (MU) in September 2025, increasing 7.1% year-over-year (YoY). Tertiary reserve...

The Ministry of Power (MoP) has prescribed a renewable energy consumption obligation (RCO) for designated consumers to achieve a 43.33% target by the financial year 2030....

The Central Electricity Regulatory Commission (CERC) has issued draft amendments to the Renewable Energy Certificate (REC) Regulations. The amendment proposes clearer...

ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured a long-term project debt funding of ₹38.92 billion (~$440.13 million) from the State Bank...