The Meghalaya State Electricity Regulatory Commission (MSERC) has notified the Meghalaya State Electricity Regulatory Commission (State Grid Code) Regulations, 2026, replacing the earlier 2012 regulations and establishing a revised framework for planning, operation and management of the intra-state transmission system. The new regulations, designated as MSERC (State Grid Code) (6 of 2026) Regulations, 2026, will…
The Karnataka Electricity Regulatory Commission (KERC) has proposed a new set of electricity supply regulations that would consolidate the state’s existing framework covering connections, metering, billing, disconnection and related consumer services. The draft Karnataka Electricity Regulatory Commission (Electricity Supply) Regulations, 2026 were notified in the Karnataka Gazette on August 14, 2026. KERC has invited comments,…
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has notified the Uttar Pradesh Electricity Regulatory Commission (Verification of Generating Plants and Captive Consumers) (Repeal) Regulations, 2026, repealing the corresponding 2022 regulations with effect from April 1, 2026. The repeal regulations were notified on August 5, 2026. They provide that the Uttar Pradesh Electricity Regulatory Commission (Verification…
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Adani Energy Solutions Step Eleven Limited (AESSEL) and Adani Energy Solutions Limited (AESL) to invite public suggestions and objections on their application for a parallel distribution licence for a Data Centre Park at Plot No. 20, Sector-62, Noida. Following preliminary examination of the petition filed under…
Oswal Pumps Limited is expanding beyond its traditional solar irrigation business as delays in the rollout of PM KUSUM 2.0 push the company to build new revenue streams in rooftop solar, solar EPC and related products. The company has created a dedicated PM Surya Ghar vertical and is targeting approximately 2,00,000 solar installations under the…
Ola Electric Mobility Limited has entered the stationary energy storage market with a portfolio spanning residential, commercial, industrial and grid-scale applications. The products, introduced under the Ola Shakti ecosystem, use the company’s indigenous lithium iron phosphate (LFP) cell technology manufactured at its Krishnagiri Gigafactory. The portfolio includes the Shakti Gen2 home storage system, Shakti AC…
Geopolitical tensions in the Middle East and disruptions to shipping through the Strait of Hormuz have brought renewed focus on cross-border electricity grid integration, according to Power Grid Corporation of India Limited (POWERGRID). Speaking at POWERGRID’s Q1 FY27 earnings webinar, Chairman and Managing Director Shri B. Vamsi Rama Mohan said the challenges around the Strait…
The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects under the Ministry of Environment, Forest and Climate Change has recommended Terms of Reference (ToR) for three pumped storage projects with a combined capacity of 2,640 MW in Maharashtra and Uttar Pradesh. The projects include the 240 MW Tilari Pumped Storage Project and 1,400…
Solex Energy Limited reported consolidated revenue of Rs 2,656.3 million for Q1 FY27, up 1.8% from Rs 2,610.5 million in the year-ago quarter. Profitability was lower, with EBITDA at Rs 337.9 million and EBITDA margin at 12.7%, compared with 16.4% in Q1 FY26. Profit after tax (PAT) stood at Rs 82.6 million, with a margin…
KPI Green Energy Limited has energized an additional 130 MW AC (195 MW DC) of solar capacity under its 370 MW AC / 677 MW DC Wind-Solar Hybrid Power Project at Bharuch, Gujarat. The latest commissioning takes the cumulative capacity energized under the project to 269.7 MW AC (389.7 MW DC). The project is being…