Grid

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Euler Motors Secures ₹4.37 Billion in Series E Funding Round

Electric vehicle (EV) manufacturer Euler Motors has raised ₹4.37 billion (~$46.2 million) in a Series E funding round. This round was led by Lightrock and saw Hero...

March 27, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Madhya Pradesh Hikes Power Tariff for FY 2026-27 Across All Categories

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has approved higher tariffs for electricity consumers across all categories for the financial year (FY)...

March 27, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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India Eyes 137,500 ckm Grid Expansion to Support 900 GW Renewables by FY 2036

India has targeted expanding its power transmission network by 137,500 circuit km (ckm) of lines and 827,600 MVA of substation capacity, at an estimated cost of ₹7.93...

March 27, 2026

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Parth Shukla

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Grid

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Market & Policy

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Renewable Energy
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Maharashtra Revises Energy Banking Rules in Modified Multi-Year Tariff Order

The Maharashtra Electricity Regulatory Commission (MERC) has modified aspects of its multi-year tariff (MYT) order, revising time-of-day (ToD) banking rules and...

March 27, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Jharkhand Hikes Electricity Tariffs Across Categories for FY 2027

The Jharkhand State Electricity Regulatory Commission (JSERC) has increased retail electricity tariffs for all categories for the financial year (FY) 2026-27. The...

March 27, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Andhra Pradesh Retains Existing Power Tariffs for FY 2027

The Andhra Pradesh Electricity Regulatory Commission (APERC) has notified that the existing Low Tension (LT) and High Tension (HT) power tariffs and structure approved...

March 26, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Delhi Notifies Four-Year Additional Surcharge Phase-Out for GNA, Open Access

The Delhi Electricity Regulatory Commission (DERC) has notified a phased reduction of the additional surcharge applicable to consumers availing open access and general...

March 26, 2026

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Arjun Joshi

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Grid

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Market & Policy
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RECPDCL Tenders Transmission System to Evacuate 20 GW of Renewable Energy

REC Power Development and Consultancy (RECPDCL) has invited bids to establish an interstate transmission system (ISTS) to augment the Bhadla-III, Ramgarh pooling station,...

March 26, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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CERC Grants One-Month Extension for O2 Power’s 151 MW Wind Project

The Central Electricity Regulatory Commission (CERC) has granted TEQ Green Power XI (O2 Power) a one-month extension to complete the remaining 10.8 MW of the 151.2 MW...

March 25, 2026

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Melvin Mathew

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Market & Policy

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Wind
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Parliamentary Panel Flags Low EV Program Utilization and Skewed Spending by MHI

Parliament’s Standing Committee on Industry has raised concerns about the dominance of the automobile and electric vehicle (EV) ecosystem in the Ministry of Heavy...

March 25, 2026

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Rakesh Ranjan

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Electric Vehicles

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Markets & Policy
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Waaree Energies to Increase Stake in Transformer Solutions Subsidiary to 75%

The Board of Directors of Waaree Energies has approved an investment of ₹1.9 billion (~$20.32 million) in its transformer solutions subsidiary Waaree Transpower,...

March 24, 2026

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Melvin Mathew

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Finance and M&A

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Grid
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GreenCell-EKA Consortium Secures Order for 915 Electric Buses in Telangana

Mumbai-based electric mobility company GreenCell Mobility, in partnership with EKA Mobility, has received a letter of award to supply and operate 915 electric buses in...

March 24, 2026

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Rakesh Ranjan

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Electric Vehicles

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Market & Policy
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Gujarat and Odisha DISCOMs Among Top Performers in FY 2025

The Dakshin Gujarat Vij Company, Tata Power Northern Odisha Distribution, Goa Power Department, and Tata Power Central Odisha Distribution were the top-performing state...

March 24, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Karnataka Notifies Framework for Demand Flexibility and Demand-Side Management

The Karnataka Electricity Regulatory Commission (KERC) has introduced a framework to enhance energy efficiency, manage peak demand, and improve grid reliability through...

March 24, 2026

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Arjun Joshi

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Grid

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Market & Policy
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RECPDCL Tenders Transmission System to Evacuate 2 GW Pumped Storage Power

REC Power Development and Consultancy (RECPDCL) has invited bids to establish an intra-state transmission system (InSTS) to evacuate power from the proposed 2,000 MW...

March 23, 2026

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Meghana Prasad

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Grid

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Tenders and Auctions

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