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CERC proposes capacity market framework to ensure resource adequacy
The Central Electricity Regulatory Commission (CERC) has released a staff paper proposing a capacity market framework for India’s electricity sector, aimed at ensuring resource adequacy, improving availability during system stress, and shifting dispatch and pricing towards market-based mechanisms. The paper was published in April 2026 and notified through a public notice on April 29, 2026….
Adani Energy acquires Pune-III Transmission for Khavda project
Adani Energy Solutions Limited (AESL) acquired Pune-III Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part D on November 19, 2024. PFC Consulting Limited (PFCCL) served as the bid process coordinator (BPC) for…
KERC concludes FY25 APR cycle with mixed true up outcomes across all licensees
The Karnataka Electricity Regulatory Commission (KERC) has concluded its Annual Performance Review (APR) for FY2024-25 across all electricity licensees in the state through a batch of orders dated April 17, 2026. The orders cover five electricity supply companies BESCOM, HESCOM, GESCOM, CESC, and MESCOM, along with the state transmission utility KPTCL, cooperative licensee HRECS, and…
Adani and Bhutan’s DGPC to co-develop 5 GW hydropower projects
Adani Group has signed a memorandum of understanding (MoU) with Bhutan’s Druk Green Power Corporation (DGPC) to jointly develop 5 GW of hydropower capacity in Bhutan. This includes ongoing work on the 570/900 megawatt (MW) Wangchhu Hydropower Project. DGPC will hold a 51% majority stake in the projects, while Adani will hold the remaining 49%….
SECI invites bids for 1 GW excess renewable supply and 1 GW pumped storage
The Solar Energy Corporation of India (SECI) has invited bids under two separate tenders totalling 2,000 MW. One tender seeks 1,000 MW of surplus power from renewable energy projects. The other seeks developers for 1,000 MW of grid-scale pumped-storage capacity. The first tender is through a Request for Selection (RfS). It covers the supply of…
Gensol, Matrix to develop India’s first green steel production facility
Gensol Engineering has partnered with Matrix Gas & Renewables to establish India’s first green steel production facility using 100% green hydrogen. The project, with a total capital expenditure of Rs 3.21 billion, will receive 50% capex incentives from the Government of India under the National Green Hydrogen Mission. Sanctioned as one of three pilot projects…
