Top Stories Of The Day: UltraTech Invests in Solar + BESS; India Launches Carbon Marketplace and More…

UltraTech Cement has acquired a 26% equity stake in AMPIN C&I Power Forty Four for a 45 MW solar project integrated with battery storage in Odisha. The investment aligns with UltraTech’s decarbonisation strategy, enabling access to clean power through captive arrangements while strengthening corporate renewable procurement and energy reliability for industrial operations.


India is set to launch its first digital carbon marketplace designed to support distributed clean energy projects. The platform will enable transparent carbon credit trading for small-scale renewable initiatives, helping project developers monetize emissions reductions while promoting broader participation in the country’s evolving voluntary and compliance carbon markets.


Essens Renewable Energy has secured a 400 MW solar PV project in Rajasthan, marking a significant expansion of its renewable portfolio. The project strengthens the company’s presence in India’s utility-scale solar sector while supporting the country’s rapid capacity addition goals and increasing demand for large-scale clean power generation.


The Bihar Electricity Regulatory Commission has notified generic renewable energy tariffs applicable for FY 2025–26. The order provides benchmark tariffs for solar, biomass, and other renewable technologies, offering regulatory clarity for project developers while supporting investment planning and long-term renewable deployment across the state.


POWERGRID has invited bids for a 100 MW / 200 MWh Battery Energy Storage System project in Patiala, Punjab. The initiative aims to enhance grid flexibility, manage peak demand, and support renewable integration while strengthening transmission system stability in northern India’s evolving energy landscape.


PGCIL has issued a tender for the development of a 100 MW / 200 MWh battery energy storage system project in Ludhiana, Punjab. The project will enhance power system reliability, support grid balancing, and play a key role in facilitating large-scale renewable energy integration in the region.


Union Bank of India has invited bids for installing a solar power plant at its UMFB premises in Madurai. The project reflects increasing adoption of rooftop solar solutions within public sector institutions to reduce operational electricity costs and advance sustainability commitments.


ACME Solar has commissioned a 38 MW / 82 MWh phase of its large battery energy storage project in Jaisalmer, Rajasthan. The development enhances grid stability and strengthens renewable integration in one of India’s leading solar hubs while demonstrating the growing role of storage in modern power systems.


The Karnataka Electricity Regulatory Commission has notified a roadmap to gradually reduce electricity cross-subsidies in the state. The framework aims to rationalize tariffs, improve financial health of discoms, and create a more balanced and transparent electricity pricing structure.


GERC has invited consultancy proposals to develop a resource adequacy framework for Gujarat. The initiative will support long-term power planning, ensure demand-supply balance, and enable better integration of renewable energy resources while maintaining grid reliability.


Apraava Energy has commissioned the 400 kV Fatehgarh-IV transmission line and pooling substation in Rajasthan. The infrastructure will support evacuation of renewable power from generation hubs and strengthen the region’s transmission network to handle growing renewable capacity.


Genus Power has surpassed 26 million smart meter deployments globally. The milestone highlights rapid growth in advanced metering infrastructure, enabling improved energy management, real-time monitoring, and enhanced efficiency in electricity distribution networks.


Jyoti Structures has commissioned the 400 kV Gadag-II transmission line in Karnataka for ReNew Power. The project will facilitate efficient evacuation of renewable energy and strengthen grid connectivity for upcoming renewable projects in the region.


Bhaskar Jyoti India has commissioned a 1.4 MW rooftop solar project at Northern Coalfields Limited in Madhya Pradesh. The project highlights increasing adoption of solar power across industrial facilities as companies seek to reduce emissions and energy costs.


Indian Energy Exchange reported a 30% year-on-year growth in traded electricity volumes for February 2026. Higher market liquidity led to softer power prices, reflecting improved supply availability and growing participation in India’s competitive electricity markets.


The Ministry of Power has extended the deadline for stakeholder feedback on the Draft National Electricity Policy 2026. The extension allows industry participants, utilities, and regulators additional time to provide inputs on future electricity planning and sector reforms.


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