India

Sterlite Power wins order for Rs 324-crore transmission project

India

Surging Heat and Humidity Push Tamil Nadu’s Power Demand to New Highs – EQ

March 9, 2026 Anand Gupta

In Short : Rising temperatures and high humidity levels across Tamil Nadu have significantly increased electricity demand, putting pressure on the state’s power supply system. Households, industries, and commercial establishments are relying heavily on cooling appliances to cope with the weather. The surge in consumption has prompted authorities to closely monitor supply and ensure uninterrupted […]

REC arm hands over Kallam Transmission SPV to IndiGrid firms’ consortium

India

Maharashtra Advance ₹2.82/kWh Tariff for Surplus Rooftop Solar Power – EQ

March 7, 2026 Anand Gupta

In Short : Maharashtra has proposed a tariff of ₹2.82 per kWh for surplus electricity generated from rooftop solar systems. The proposal aims to encourage residential and commercial consumers to install rooftop solar while enabling them to sell excess power to the grid. The move supports renewable energy adoption and strengthens the state’s distributed solar […]

India

Karnataka Launches New Scheme to Promote Renewable Energy and Shift Agricultural Pump Sets to Solar Power – EQ

March 7, 2026 Anand Gupta

In Short : Karnataka has introduced a new initiative to promote renewable energy by converting agricultural pump sets to solar power. The scheme aims to reduce farmers’ dependence on grid electricity and diesel while ensuring reliable irrigation. By expanding solar-powered pump systems, the state plans to cut energy costs, improve sustainability, and support clean energy […]

Petition seeking approval of Case of MSEDCL seeking approval for Adoption of Tariff for Long Term Procurement of 283 MW Power

India

MSEDCL Plans to Increase Renewable Energy Share to 52% in Five Years, Says CMD Lokesh Chandra – EQ

March 7, 2026 Anand Gupta

In Short : Maharashtra State Electricity Distribution Company Limited (MSEDCL) plans to increase the share of renewable energy in its power procurement mix to 52% within the next five years. CMD Lokesh Chandra highlighted the utility’s strategy to expand solar, wind, and green energy sourcing to meet sustainability goals, reduce carbon emissions, and support Maharashtra’s […]

Power Grid rating – Buy- Strong show by transmission segment

India

India’s Power Demand Continues to Hit New Highs Amid Rising Energy Consumption – EQ

March 7, 2026 Anand Gupta

In Short : India’s electricity demand continues to reach new record levels due to rising economic activity, industrial growth, and increasing temperatures. The surge in power consumption highlights the need for stronger grid infrastructure and expanded generation capacity. Renewable energy, energy storage, and improved transmission systems are expected to play a crucial role in meeting […]

India

India Achieves Lowest Green Hydrogen Price, Moves Closer to $2/kg Target – EQ

March 6, 2026 Anand Gupta

In Short : India has achieved its lowest green hydrogen price so far, bringing the country closer to its ambitious target of producing hydrogen at $2 per kilogram. According to Amitabh Kant, this milestone reflects rapid progress under the National Green Hydrogen Mission, driven by falling renewable energy costs, supportive policies, and increasing private sector […]

India

Visakhapatnam MP Emphasizes PM-Surya Ghar and PM-KUSUM Schemes for Reliable Power and Farmer Welfare – EQ

March 6, 2026 Anand Gupta

In Short : The Visakhapatnam Member of Parliament has highlighted the importance of the PM-Surya Ghar and PM-KUSUM schemes in improving electricity access and supporting farmers. The initiatives aim to expand rooftop solar adoption and promote solar-powered agricultural pumps. Together, these programs are expected to enhance power reliability, reduce energy costs, and strengthen sustainable farming […]

India

Himachal Pradesh Introduces New Regulatory Procedures to Simplify Green Energy Open Access – EQ

March 6, 2026 Anand Gupta

In Short : Himachal Pradesh has introduced new regulatory procedures to simplify green energy open access and encourage greater adoption of renewable power. The initiative aims to streamline approvals, reduce procedural complexity, and make it easier for consumers to procure green electricity directly from renewable energy producers. The move is expected to support clean energy […]

India

Bernstein Raises FY27 Power Demand Growth Outlook for India Amid Expected Strong Second Half – EQ

March 6, 2026 Anand Gupta

In Short : Global brokerage Bernstein has raised its outlook for India’s power demand growth for FY27, expecting a stronger second half driven by industrial expansion, rising cooling demand, and economic growth. The firm believes electricity consumption will continue to rise steadily as electrification, urbanization, and renewable energy integration accelerate across the country’s power sector. […]

Sterlite Electric_transformer_Transmission

India

Karnataka Revises Power Tariffs for 2025–26, Industries Brace for Higher Electricity Costs – EQ

March 5, 2026 Anand Gupta

In Short : Karnataka has approved a revised electricity tariff structure for 2025–26, leading to higher power costs for industrial consumers. The new rates are expected to increase operational expenses for businesses while helping utilities recover rising power procurement and infrastructure costs. The decision reflects ongoing efforts to balance financial sustainability of the power sector […]