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UPEX 2026

Top Stories Of The Day: CERC Unveils Storage Tariff Rules; POWERGRID Clears ₹705 Cr Plan and More

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CERC Unveils New Tariff Rules for Storage

CERC has introduced the 2026 tariff amendment to formally bring integrated energy storage systems into India’s regulatory framework for thermal plants and interstate transmission. The move gives developers clearer norms on project life, cost recovery, and supplementary tariffs, while improving flexibility, reliability, and storage adoption across the power sector.

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POWERGRID Clears ₹705 Cr Grid Backup Plan

POWERGRID has approved an investment of ₹705 crore for cold spare transformers and reactors, aimed at strengthening transmission system reliability and emergency preparedness. The decision is expected to improve restoration capability, reduce outage risks, and support more resilient grid operations as India scales renewable energy and interstate power transfer infrastructure.

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NTPC Green Floats Jhansi Solar-BESS Tender

NTPC Green Energy has invited bids for a 100 MW solar project paired with a 200 MWh battery energy storage system in Jhansi, Uttar Pradesh. The tender reflects rising momentum toward integrated solar-plus-storage deployment, helping improve dispatchability, support grid balancing, and strengthen renewable energy delivery in high-growth demand centres.

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MAHAGENCO Issues 50 MW Parli Solar Tender

MAHAGENCO has issued a tender for a 50 MW solar project at Parli in Maharashtra, adding to the state’s utility-scale renewable energy pipeline. The project is expected to support cleaner generation, diversify the power mix, and reinforce Maharashtra’s continued push toward expanding domestic solar capacity and lowering dependence on conventional sources.

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CERC Fixes ₹2.45/kWh for SJVN Solar Project

CERC has fixed a tariff of ₹2.45 per kWh for SJVN’s 1,000 MW Rajasthan solar project, while also allowing a GST relief route. The order provides regulatory certainty for a major utility-scale project and reflects continued tariff competitiveness in India’s solar market despite evolving tax and compliance considerations.

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CERC Approves 2.4 GW Hybrid Tariffs

CERC has approved tariffs for 2.4 GW of wind-solar hybrid projects awarded through NHPC, including additional capacity under a greenshoe option. The projects were discovered at competitive rates and are expected to support renewable purchase obligations, accelerate hybrid deployment, and improve the reliability of clean power supply.

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KSEBL Seeks Approval for Kerala BESS

KSEBL has moved KSERC for approval of a 250 MW/500 MWh battery storage project positioned as a low-cost grid support solution in Kerala. The proposal underlines growing utility interest in storage-led flexibility to manage peak loads, integrate renewables more efficiently, and strengthen system reliability at the state level.

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Adani Green Commissions 510.1 MW at Khavda

Adani Green Energy has commissioned 510.1 MW of renewable energy capacity at Khavda in Gujarat, further expanding one of India’s most significant clean energy hubs. The milestone reinforces execution momentum at scale and supports the broader build-out of ultra-large renewable projects designed to transform India’s power landscape.

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UPPCL Plans 1,500 MWh Storage Project

UPPCL has proposed a 1,500 MWh battery energy storage project to strengthen grid stability and renewable integration in Uttar Pradesh. The proposal signals the state’s growing focus on storage as a strategic asset for balancing demand, managing variability, and supporting a more reliable and flexible electricity system.

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NPCL Seeks Short-Term Power Approval

NPCL has approached UPERC for approval to procure short-term power to meet Greater Noida’s expected 2026 demand growth. The petition covers round-the-clock and peak power requirements for the high-demand months, reflecting tightening summer supply conditions and the need for flexible procurement to maintain reliable regional electricity service.

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NPCL Moves for 170 MW Summer Power

NPCL has also sought approval to procure 170 MW of power to meet peak summer demand in Greater Noida. The move highlights pressure on urban distribution systems during seasonal spikes and underscores the growing importance of timely procurement planning to ensure uninterrupted supply during the hottest months.

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NTPC Explores Malawi Power-Mining Partnership

NTPC Limited is exploring power and mining collaboration opportunities with Malawi at Bharat Electricity Summit 2026. The engagement reflects India’s expanding international energy diplomacy, with public sector expertise increasingly positioned to support power development, capacity building, and infrastructure partnerships in emerging markets.

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India Launches Carbon Market Portal

Union Power Minister Manohar Lal launched the Indian Carbon Market Portal at Prakriti 2026, marking a key step in operationalising India’s carbon market ecosystem. The platform is designed to support implementation, transparency, and wider participation, while linking climate action more closely with investment, compliance, and green growth opportunities.

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Bharat Electricity Summit 2026 Concludes

Bharat Electricity Summit 2026 concluded with broad international participation and a strong focus on building a future-ready energy sector. The event brought together policymakers, utilities, investors, and industry leaders around themes including grid modernisation, energy security, reforms, clean power growth, and global cooperation.

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Green Finance Week 2026 Heads to Mumbai

Green Finance Week 2026 is set to bring together leading investors, climate leaders, and financial institutions in Mumbai. The event is expected to spotlight climate capital, transition finance, sustainable investment strategies, and emerging opportunities across clean energy and low-carbon infrastructure in India’s rapidly evolving green economy.

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India, Africa Deepen Energy Partnership

India and African stakeholders advanced strategic energy cooperation at Bharat Electricity Summit 2026, signalling stronger collaboration in power infrastructure, investment, and clean energy development. The engagement reflects India’s growing role in South-South energy partnerships and a shared interest in scaling reliable, future-ready electricity systems.

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NTPC Explores Africa50 Strategic Partnership

NTPC is exploring a strategic partnership with Africa50 to expand power projects across Africa. The development points to deeper collaboration between Indian energy expertise and African infrastructure platforms, potentially opening new avenues for project development, financing, and long-term cross-border cooperation in the electricity sector.

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Bihar Discoms Gain National Recognition

Bihar’s discoms posted a strong showing nationally, with NBPDCL ranking in the top five with an A+ rating and SBPDCL also improving its standing. The achievement highlights progress in utility performance, operational discipline, and reform-driven improvement in power distribution outcomes at the state level.

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