The Kerala State Electricity Regulatory Commission (KSERC) has ruled that intrastate power transmission projects costing above ₹2.5 billion (~$28.2 million) must be executed through the tariff-based competitive bidding (TBCB) route. The order is...

Naxatra Labs, a manufacturer of motors and controllers for electric vehicles (EVs), has raised $3 million in a Pre-Series A funding round led by Rainmatter by Zerodha. The Gurugram-based company plans to scale its technology and manufacturing...

Renewable energy asset management company POWERCON has won a contract from REMC to provide comprehensive operation and maintenance (O&M) services for a 26 MW wind power project at Dangri in Jaisalmer, Rajasthan, for 10 years. The work also...

Exide Industries has invested ₹1.8 billion (~$20.04 million) in its battery manufacturing arm, Exide Energy Solutions (EESL), by subscribing to the subsidiary’s equity capital via a rights issue. With the latest investment, the total...

The Ministry of Power directed states and procuring entities to ensure a minimum of 20% local content in the procurement of battery energy storage system projects being implemented under the viability gap funding (VGF) program, supported through the...

India has reclaimed the third position behind China and the U.S. in the global wind market in 2025 after record additions, according to BloombergNEF. The country is forecast to add 6.2 GW of wind projects this year, nearly double the capacity...

Grid Corporation of Odisha (GRIDCO) has invited bids for the development of a 225 MW floating solar power project at the Upper Indravati Reservoir, part of the Upper Indravati Solar Park in Odisha. The total planned capacity of the project is 225 MW,...