The Karnataka High Court struck down the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022, along with the Karnataka Electricity Regulatory Commission (Terms and Conditions for Green Energy Open Access) Regulations, 2022. The court held that the Union government cannot exceed the authority granted under the Electricity Act while enacting such regulations.

Government agencies in India’s power sector suggested that states find methods to monetize brownfield electricity transmission assets to attract investments required for creating new transmission infrastructure. According to the Central Electricity Authority’s National Electricity Plan, an investment of ₹9.16 trillion (~$106 billion) is required to create new transmission infrastructure by 2032. The states would bear over 30% of this expenditure.

Punjab Health System Corporation invited bids for the supply, installation, testing, and commissioning of a cumulative 2.3 MW capacity grid-connected rooftop and ground-mounted solar power systems in government hospitals in the state. The scope of work includes maintenance of the projects for five years.

The Dakshin Haryana Bijli Vitran Nigam invited bids to set up grid-connected, ground-mounted solar power systems of a cumulative capacity of 6.5 MW under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Component-C program. The scope of the work includes the design, engineering, procurement, supply, construction, testing, and commissioning of the project that will connect via 33 kV or 11 kV lines and includes a remote monitoring system.

The Competition Commission of India approved Gurugram-based clean energy solutions provider Gentari Renewables India’s proposal to acquire 21 Special Purpose Vehicles (SPV) of renewable power generation projects and holding companies of SPVs. The proposed transaction involves the acquisition of the entire ownership interest held by the Brookfield Group in the target SPVs comprising the assets of TerraForm, Axis, Electryone, NTPC, and NHPC.

Mumbai-based Borosil Renewables announced a 50% expansion of its manufacturing capacity of solar glass from 1,000 to 1,500 tons a day. The company’s board of directors approved the expansion after the Ministry of Finance announced a “reference price” for solar glass imports to restrict low-cost products from China and Vietnam in December 2024.

Bengaluru-based electric tractor technology company Moonrider raised $2.2 million (~₹182.6 million) in a seed funding round co-led by AdvantEdge Founders and Micelio Technology Fund. A group of angel investors also participated in the funding round. The company plans to use the funds to enhance its innovation capabilities in vehicle engineering, software development, and battery technology. The company has filed a patent for its in-house battery technology, which it considers a key feature of its electric tractors.

GMR Smart Electricity Distribution (GSEDPL), a subsidiary of GMR Power and Urban Infra secured approval for a loan of ₹21.28 billion (~$247.66 million) from the Indian Renewable Energy Development Agency to part finance smart meter installation in Uttar Pradesh. The loan amount will be distributed in tranches. GSEDPL won the project in July 2023 to install, integrate, and maintain 7.57 million smart meters.