Grid

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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura....

February 5, 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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Rajasthan Issues Procedure for Grant of Intrastate Transmission Connectivity

The Rajasthan Electricity Regulatory Commission (RERC) has approved the Procedure for Grant of Connectivity to the Intra-State Transmission System (InSTS), which seeks...

February 5, 2026

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Parth Shukla

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Grid

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Market & Policy
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RECPDCL Invites Bids to Evacuate 5 GW of Power from Green Hydrogen Projects

REC Power Development and Consultancy (RECPDCL) has invited bids to set up an interstate transmission system (ISTS) to evacuate power from 5 GW of green hydrogen/ammonia...

February 5, 2026

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Melvin Mathew

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Grid

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Other Energy

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Tenders and Auctions
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Atlanta Wins ₹2.88 Billion Transformer Orders from KPTCL, Datta Power

Atlanta Electricals has secured multiple power transformer supply contracts, valued at ₹2.88 billion (~$31.56 million), from Karnataka Power Transmission Corporation...

February 4, 2026

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Meghana Prasad

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Grid

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Other
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CEA Reviews Grid-Forming Inverter Capacity as Renewables Expand

The Central Electricity Authority (CEA) has begun assessing the manufacturing capacity of grid-forming inverters (GFM) in India, in light of the increasing share of...

February 4, 2026

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B.S. Nagaraj

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Grid

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Market & Policy
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RERC Revises Power Connection Charges, Supply Rules for High-Demand Consumers

The Rajasthan Electricity Regulatory Commission (RERC) has notified the Second Amendment to the Electricity Supply Code and Connected Matters Regulations, 2025,...

February 3, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Energy Storage Sees Increased VC Investment Momentum in 2025

Venture capital investment in energy storage gained momentum in 2025, rising 30% year over year to $4.8 billion across 75 deals, even as total corporate funding for the...

February 3, 2026

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Meghana Prasad

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Energy Storage

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Mercom Research Focus

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Smart Grid
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Tesla’s Q4 2025 Revenue Falls 3% While Energy Generation and Storage Revenue Rises 25%

Electric vehicle-maker Tesla reported a revenue of $24.9 billion, down 3% year-over-year (YoY) in the fourth quarter (Q4) of 2025, compared to 25.7 billion. The decline...

February 2, 2026

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Rakesh Ranjan

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Electric Vehicles

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Finance and M&A
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Rajasthan Regulator Proposes Demand Flexibility/Management Regulations

The Rajasthan Electricity Regulatory Commission (RERC) has issued the draft Rajasthan Electricity Regulatory Commission (Demand Flexibility/Demand Side Management)...

January 30, 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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CEA Flags Non-Standard Transformer Ratings in State Utility Tenders

The Central Electricity Authority (CEA) has directed all state power utilities to strictly follow the ratings prescribed by it while floating tenders for transformers...

January 30, 2026

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B.S. Nagaraj

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Grid

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Market & Policy
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RECPDCL Tenders Transmission Project to Evacuate 6 GW of Solar Power

REC Power Development and Consultancy (RECPDCL) has invited bids to set up an interstate transmission system (ISTS) to evacuate 6 GW of solar power from the Barmer-II...

January 30, 2026

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Melvin Mathew

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T&D

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Tenders and Auctions
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Power Sector Reforms Help DISCOMs Post Profits in FY 2025 for First Time

India’s rated power distribution utilities reported a consolidated profit after tax (PAT) of ₹27.01 billion (~$294.7 million) in FY25, marking a sharp turnaround from a...

January 27, 2026

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Melvin Mathew

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AT&C

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Finance and M&A

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T&D
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Rajasthan Regulator Allows Dual Power Connections for High-Load Consumers

The Rajasthan Electricity Regulatory Commission (RERC) has approved the introduction of dual-source electricity supply for high-tension (HT) and extra-high-tension (EHT)...

January 27, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Waaree Acquires 55% Equity Stake in Power Transmission Firm APSL

Waaree Renewable Technologies (WRTL), the engineering, procurement, and construction (EPC) arm of the Waaree Group, has announced the acquisition of approximately 55% of...

January 27, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy

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T&D
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IndiGrid Raises ₹15 Billion in Funding Through Institutional Placement

Power transmission and renewable energy company IndiGrid has raised ₹15 billion (~$163.15 million) in funding through an institutional placement, bringing the total...

January 23, 2026

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Parth Shukla

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Finance and M&A

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Grid

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