Grid

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PFC to Raise Up to ₹50 Billion Through Secured Debentures

State-owned Power Finance Corporation (PFC) has launched Tranche I of its public issue of secured, listed, and redeemable non-convertible debentures (NCDs), aiming to...

January 12, 2026

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Rakesh Ranjan

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Finance and M&A

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T&D
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REC Invites Bids for Indian Energy Stack Trading Pilot

Public infrastructure finance company REC has floated an expression of interest (EoI) for participation in an Indian Energy Stack (IES) pilot focused on an interstate...

January 12, 2026

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Parth Shukla

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Market & Policy

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Renewable Energy
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EV Charging Firm ROADGRID Raises ₹120 Million in Pre-Series A Round

Indore-based electric vehicle (EV) charging infrastructure company ROADGRID has raised ₹120 million (~$1.44 million) in a Pre-Series A funding round led by Venture...

January 9, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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POWERGRID Wins 3 GW Renewable Energy Transmission Projects in Karnataka

The Power Grid Corporation of India (POWERGRID) has won REC Power Development and Consultancy’s (RECPDCL) auction to establish an interstate transmission system (ISTS)...

January 9, 2026

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Melvin Mathew

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Grid

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T&D

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Tenders & Auctions
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Bihar Notifies Deviation Settlement Mechanism Regulations, 2025

The Bihar Electricity Regulatory Commission (BERC) has notified the BERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2025, following a suo motu...

January 8, 2026

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Rakesh Ranjan

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Grid

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Market & Policy
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Electric Vehicle Sales Clock 16% Yearly Growth in 2025, Reach 2.3 Million Units

Electric vehicle (EV) sales in India reached a record 2.27 million units in 2025, an over 16% year-over-year increase from 1.95 million units sold in 2025. EVs accounted...

January 7, 2026

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Arjun Joshi

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Electric Vehicles

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Grid
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Grid India Proposes Automatic Generation Control for Renewable Energy Projects

The Grid Controller of India (Grid-India) has proposed extending automatic generation control (AGC) to large-scale renewable energy projects above 100 MW, battery energy...

January 7, 2026

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Melvin Mathew

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Demand Response

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Grid

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Market & Policy
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Tamil Nadu Waives Motor Vehicle Tax for Electric Vehicles Until 2027

The Government of Tamil Nadu has extended the 100% exemption from motor vehicle tax for all electric vehicles (EVs) in the state for a further two-year period, from...

January 6, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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SECI Floats Tender for Five 160 MVA Power Transformers for Solar Park

The Solar Energy Corporation of India has invited bids for the manufacture and commissioning of five 160 MVA, 220/33-33 kV power transformers at the Radhanesda Ultra...

January 5, 2026

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Melvin Mathew

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Grid

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T&D

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Tenders and Auctions
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KEC Secures ₹10.5 Billion Orders Across Wind, Transmission Projects

Engineering, procurement, and construction (EPC) contractor KEC International has received orders totalling ₹10.5 billion (~$116.63 million) across various business...

January 2, 2026

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Melvin Mathew

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Grid

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T&D

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Wind
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Grid India Proposes Grid-Forming Capability for 50 MW+ BESS Installations

A Grid Controller of India (Grid-India) discussion paper has proposed that all new battery energy storage system (BESS) installations of 50 MW and above should...

January 2, 2026

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B.S. Nagaraj

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Grid

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Market & Policy
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CERC Cracks Down on TRANSCOs Over Widespread Failure to Report Performance Data

The Central Electricity Regulatory Commission (CERC) has initiated suo motu proceedings against several inter-state transmission licensees (TRANSCOs) following extensive...

December 29, 2025

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Arjun Joshi

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Grid

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Market & Policy
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Ola Electric Receives ₹3.66 Billion PLI-Auto Incentive for FY25

Ola Electric Mobility has received an approval order from the Ministry of Heavy Industries to release incentives totaling ₹3.66 billion (~$44 million) under the...

December 29, 2025

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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Dilip Buildcon Wins REC’s Auction to Set Up InSTS for 400 kV Substation in Karnataka

Dilip Buildcon has been declared as the L-1 bidder for REC Power Development and Consultancy’s (RECPDCL) auction to set up an intrastate transmission system (InSTS) to...

December 29, 2025

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Parth Shukla

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Grid

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Tenders and Auctions
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Kerala Mandates Bidding for Intrastate Transmission Projects Above ₹2.5 Million

The Kerala State Electricity Regulatory Commission (KSERC) has ruled that intrastate power transmission projects costing above ₹2.5 billion (~$28.2 million) must be...

December 26, 2025

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Meghana Prasad

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Grid

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Market & Policy

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