Similar Posts
UERC proposes ancillary services framework to strengthen Uttarakhand grid
The Uttarakhand Electricity Regulatory Commission (UERC) has released the draft UERC (Ancillary Services) Regulations, 2026, proposing a framework for maintaining grid stability and managing sudden changes in electricity demand and supply across the state. The proposed regulations introduce ancillary services, which are support services used by power system operators to maintain grid frequency, voltage and…
CEA outlines transmission roadmap for 900 GW non-fossil capacity by 2035-36
The Central Electricity Authority (CEA) has released its transmission plan to support the integration of over 900 GW of non-fossil fuel capacity by 2035-36. The plan defines the network buildout required as renewable energy (RE) capacity accelerates, and sets a reference framework for regulators and state utilities. The plan estimates an investment of Rs. 7,93,300…
PFC and REC subsidiaries incorporate SPVs for transmission projects
PFC Consulting Limited (PFCCL), a wholly owned subsidiary of state-owned Power Finance Corporation Limited, and REC Limited have incorporated new special purpose vehicles (SPVs) for transmission projects in Maharashtra, Rajasthan, and Gujarat. The developments were disclosed through regulatory filings dated May 8-9, 2026. PFCCL incorporated two wholly owned subsidiaries, Western Ghats PSP Transmission Limited and…
ACME Solar wins 450 MW peak power project from SJVN
ACME Solar Holdings Limited has secured a 450 MW (1,800 MWh) Firm and Dispatchable Renewable Energy (FDRE-IV) project from SJVN Limited at a tariff of Rs 6.75 per unit for 25 years. The project was awarded on November 10, 2025, following an e-reverse auction held on October 9, 2025, under the Tariff-Based Competitive Bidding (TBCB)…
MCX gets SEBI nod to launch electricity derivatives contracts
The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong…
Power Grid to raise up to Rs 5,000 crore through bond issue
Power Grid Corporation of India Limited has approved the issuance of unsecured, non-convertible, non-cumulative, redeemable, taxable bonds under its 82nd issue for 2025-26. The decision was taken by the company’s Committee of Directors for Bonds on August 5, 2025. The total size of the issue is up to Rs 5,000 crore, comprising a base size…
