Grid

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Gujarat DISCOMs Continue to Top Annual Ratings, Telangana Lags Behind

Gujarat’s power distribution companies (DISCOMs) continued to top the Ministry of Power’s thirteenth annual integrated ratings with all four of its DISCOMs retaining...

February 25, 2025

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Melvin Mathew

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Grid

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Market & Policy

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T&D

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Uncategorized

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Utilities
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PGCIL Wins Two Transmission Projects in Karnataka and Rajasthan

The Power Grid Corporation of India (PGCIL) has bagged two transmission projects from PFC Consulting to evacuate 15.5 GW of power from renewable energy zones in...

February 18, 2025

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Melvin Mathew

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Grid

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Renewable Energy

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T&D
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Madhya Pradesh’s Draft EV Policy Proposes ₹50,000 Subsidy for Four-Wheelers

The Madhya Pradesh government has announced a maximum state subsidy of ₹50,000 (~$570.99) per four-wheeler electric vehicle in Draft Madhya Pradesh Electric Vehicle (EV)...

February 11, 2025

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Melvin Mathew

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Electric Vehicles

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Grid

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Market & Policy
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BHEL-Hitachi Consortium Wins 6 GW Transmission Project from Adani Energy Solutions

A consortium of Bharat Heavy Electricals and Hitachi Energy India has received a letter of intent from Rajasthan Part I Power Transmission to set up high-voltage direct...

February 10, 2025

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Arjun Joshi

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Grid

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Tenders & Auctions
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DISCOM Dues to Power Generators Dropped to ₹616 Billion in January

Distribution companies (DISCOMs) owed power generators ₹615.95 billion (~$7.07 billion) in total dues for the monthly billing cycle in January 2025, according to...

February 4, 2025

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Arjun Joshi

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Grid

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Market & Policy
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Tesla’s Energy Storage Deployments Surged to a Record 31.4 GWh in 2024

U.S.-based electric vehicle (EV) maker Tesla posted a net income of $2.32 billion in the fourth quarter (Q4) of 2024, down 71% year-over-year (YoY). This decline can be...

January 31, 2025

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Arjun Joshi

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Electric Vehicles

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Finance and M&A

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Grid
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Assam Issues Draft Intra-State Transmission System Connectivity Regulations

The Assam Electricity Regulatory Commission (AERC) has issued the Draft (Grant of Connectivity to the Intra-State Transmission System) Regulations, 2025,”...

January 29, 2025

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Arjun Joshi

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Grid

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Market & Policy
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Haryana Releases Draft Deviation Settlement Mechanism Regulations

The Haryana Electricity Regulatory Commission (HERC) has released draft regulations on the Deviation Settlement Mechanism and related matters. Stakeholders can submit...

January 28, 2025

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Tina Freese

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Grid

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Market & Policy

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T&D
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Adani Bags $2.89 Billion 6 GW Renewable Energy Transmission Project

Adani Energy Solutions (AESL) has won REC Power Development and Consultancy’s (RECPDCL) ₹250 billion (~$2.89 billion) Bhadla-Fatehpur High Voltage Direct Current (HVDC)...

January 21, 2025

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Melvin Mathew

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Grid

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T&D
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Reliance Industries Bags ₹80 Million Transmission Project from RECPDCL

Reliance Industries will acquire a 100% equity stake in Lakadia B Power Transmission from REC Power Development and Consultancy (RECPDCL) for ₹80 million (~$923,782) to...

January 17, 2025

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Arjun Joshi

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Grid

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Tenders and Auctions

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