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Hyundai names Tamil Nadu as flagship EV hub for India

Hyundai Motor India Limited (HMIL) has announced that Tamil Nadu will serve as its “Flagship EV Hub for India,” as the company expands its electric vehicle (EV) manufacturing, localization, charging infrastructure, and skill development initiatives...

MNRE exempts select PM Surya Ghar projects from ALMM-II norms

The Ministry of New and Renewable Energy (MNRE) has clarified that residential net-metering consumers under the “Give It Up” category of the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY) will be exempt from the applicability of Approved List of Models...

Evonith Steel acquires 85 MW IPPL power plant via IBC route

Nagpur-based Evonith Steel has acquired Wardha-based Indrajit Power Pvt Ltd (IPPL), an 85 MW coal-based power producer, for Rs 232 crore through the Insolvency and Bankruptcy Code (IBC) process. The National Company Law Tribunal (NCLT) approved...

MNRE eases ALMM norms for higher wattage solar PV modules

The Ministry of New and Renewable Energy (MNRE) has issued an Office Memorandum introducing relaxed provisions for the inclusion of higher wattage solar photovoltaic (PV) modules in the Approved List of Models and Manufacturers (ALMM), subject to...

Chandigarh STU proposes Rs 158 crore transmission upgrade plan

The State Transmission Utility (STU) of Chandigarh has submitted a five-year business plan before the Joint Electricity Regulatory Commission (JERC), proposing capital expenditure of Rs 158.34 crore on new substations, underground cabling and...

GERC proposes extension of green open access banking charges till August 2026

The Gujarat Electricity Regulatory Commission (GERC) has released a draft explanatory memorandum and draft fifth amendment regulations to the GERC (Terms and Conditions for Green Energy Open Access) Regulations, 2024, proposing extension of the...

MNRE forms panel on ALMM exemptions for solar projects

The Ministry of New and Renewable Energy (MNRE) has constituted an Expert Committee to examine requests from net-metering and open access solar power projects seeking commissioning extensions beyond May 31, 2026, along with exemptions from the...

APTEL quashes MSEDCL’s 2,000 MW BESS bidding process

The Appellate Tribunal for Electricity (APTEL) has set aside the Maharashtra Electricity Regulatory Commission’s (MERC) order dated March 6, 2026, which had adopted a tariff of Rs 1,65,998 per MW per month for a 2,000 MW / 4,000 MWh Battery Energy...

KPTCL begins shift to biodegradable ester oil in transformers

The Karnataka Power Transmission Corporation Limited (KPTCL) has initiated the transition from conventional mineral oil to biodegradable natural ester oil in its high-voltage transformer network. According to KPTCL, the move is intended to improve...

Cabinet approves Rs 9,585 crore Delhi-NCR clean mobility scheme

The Union Cabinet chaired by Prime Minister Narendra Modi has approved a two-year scheme aimed at reducing air pollution in the Delhi-National Capital Region (NCR) through replacement of older trucks and buses with cleaner vehicles. The scheme has a...

Adani Solar, Waaree and Premier Energies make Wood Mackenzie’s Grade A solar module list for 2026

Indian solar manufacturers strengthened their position in the Global Solar PV Module Manufacturer Ranking 2026 published by Wood Mackenzie, reflecting growing momentum for non-Chinese manufacturers amid shifts in global supply chains and localization...

MKC Green wins 125 MW BESS project in Uttar Pradesh

MKC Green Energy Limited has secured a Letter of Award (LoA) for the development of a 125 MW / 500 MWh standalone Battery Energy Storage System (BESS) project in Uttar Pradesh. The grid-scale energy storage project will be connected to the Uttar...

IIT Guwahati develops perovskite technology for solar and memory devices

A research team at the Indian Institute of Technology (IIT) Guwahati has developed a hybrid perovskite semiconductor technology for high-efficiency solar cells and resistive-switching memory devices, with potential applications in energy conversion...

Maruti Suzuki to invest Rs 925 crore in green energy by FY31

Maruti Suzuki India Limited has announced plans to invest Rs 925 crore by FY 2030–31 in green energy initiatives, including biogas projects and solar power expansion, as part of efforts to reduce dependence on fossil fuels. The company stated that...

HCC wins Rs 127 crore Bhutan hydropower contract

Hindustan Construction Company Ltd. (HCC) has secured a Rs 127 crore contract from Wangchhu Hydroelectric Power Limited (WHPL), Bhutan, for construction works associated with the Wangchhu Hydroelectric Project. The scope of work includes the...

GPIL invests Rs 100 crore in energy storage subsidiary

Godawari Power and Ispat Limited (GPIL) has infused an additional Rs 100 crore into its wholly owned subsidiary, Godawari New Energy Private Limited (GNEPL), through a rights-based allotment of equity shares. The allotment involved 10,00,00,000...

BHEL secures Rs 21,000 crore Meja Stage-II EPC contract

Bharat Heavy Electricals Limited (BHEL) has received a Notification of Award (NOA) from Meja Urja Nigam Private Limited (MUNPL) for the engineering, procurement, and construction (EPC) package of the 3×800 MW Meja Supercritical Thermal Power...

Bluspring subsidiary wins Rs 2,049.8 crore BALCO O&M contract

Bluspring Enterprises Limited has announced that its wholly owned step-down subsidiary, STEAG Energy Services (India) Private Limited, has secured an operations and maintenance (O&M) contract from Bharat Aluminium Company Limited (BALCO) for a...

Inox Clean to acquire Vena Energy India platform for Rs 6,000 crore

Inox Clean Energy Limited has signed a definitive agreement to acquire 100% equity interests in Vena Energy India Holdings Pte Ltd, the India renewable energy platform of Vena Group, in a transaction estimated at around Rs 6,000 crore. The...

GE Vernova to supply 100 MW wind project in Gujarat

GE Vernova Inc. has signed an agreement with Powerica Limited to supply 28 units of its 3.8 MW–154m onshore wind turbines for the 100 MW Botad Wind Farm in Gujarat. The project marks the first deployment of GE Vernova’s 3.8 MW–154m turbine in the...

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NTPC REL signs PPA with PTC India for 1,200 MW solar power

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Power Sector News Roundup for July 3, 2026

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India lacks equipment for continuous radioactivity monitoring, Adani tells EAC

India does not currently have commercially available instruments for continuous monitoring of...

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ACME to supply 405 kTPA green ammonia to Japan’s IHI Corporation

ACME Cleantech Solutions Private Limited (ACME Group) has signed long-term offtake agreements with...

IEX Q1 electricity trade rises 16% to 37.5 BU amid higher power demand

Indian Energy Exchange (IEX) traded 37,534 MU (37.5 BU) of electricity during the first quarter (Q1)...