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MoP phases local content norms for LCC-HVDC substations to 2035
The Ministry of Power (MoP) has revised Minimum Local Content (MLC) requirements for Line Commutated Converter (LCC)-type High Voltage Direct Current (HVDC) substations, replacing the earlier flat 60% mandate with a phased schedule extending to 2035. The order, dated April 30, 2026, amends a 2021 notification issued under the Public Procurement (Preference to Make in…
Gautam Solar to invest Rs 10 billion in 2 GW solar cell manufacturing plant in Haryana
Gautam Solar plans to establish a 2 GW solar cell manufacturing plant with an investment of Rs 10 billion. The facility, part of the company’s strategy to meet the growing demand for renewable energy, will help Gautam Solar comply with the Ministry of New and Renewable Energy’s ALMM guidelines, promoting locally manufactured components for government-subsidized…
IndiGrid to acquire Gadag Transmission Limited for Rs 372 crore
IndiGrid has signed definitive agreements to acquire Gadag Transmission Limited (GTL), an ISTS project in Karnataka, for an enterprise value of about Rs 372 crore. The deal excludes net working capital and cash adjustments and includes an earn out linked to Change In Law, availability, and bilateral billing, payable only if recovered. GTL is a…
CEA issues draft SOP for mandatory third-party fire safety audits of BESS
The Central Electricity Authority (CEA) has released a draft Standard Operating Procedure for mandatory and independent third-party fire safety audits of Battery Energy Storage Systems. Comments from stakeholders and the public are open until 11 January 2026. The draft Standard Operating Procedure has been prepared under the proposed CEA Measures relating to Safety and Electric…
MoP extends deadline for comments on draft National Electricity Policy 2026
The Ministry of Power (MoP) has extended the deadline for submission of comments and suggestions on the draft National Electricity Policy, 2026 by one month to March 19, 2026. The extension follows requests from multiple stakeholders seeking additional time to review the provisions. The draft policy was circulated on January 20, 2026 with an initial…
Pace Digitek’s Lineage Power bags Rs 92.9 crore BESS order
Pace Digitek Limited has announced that its material subsidiary, Lineage Power Private Limited, has received a Letter of Award worth Rs 929.25 million, approximately Rs 92.9 crore including GST, from Kalpa Power Private Limited for the supply and commissioning support of a Battery Energy Storage System (BESS) with a capacity of 100 MWh. The order…
