Market News Today

TGNPDCL seeks license amendment to integrate CESS Sircilla area, making its April 1, 2026, takeover permanent. This expansion, under Section 18 of the Electricity Act, 2003, also updates 18 district boundaries, aiming for uniform, stable power supply.

Methanol price today weakened across Asia and India due to cautious sentiment and weak demand. Prices in India dropped to ₹63–75/kg amid profit booking. While supply remains stable, geopolitical uncertainty and freight costs continue to influence trends. The market is expected to remain range-bound with a slightly bearish outlook.

CleanMax and Sangam India partnered for a 50 MW hybrid renewable energy project in Rajasthan, combining 30 MWp solar, 20 MW wind, and 2 MWh BESS. It will supply round-the-clock clean power to five textile units, reducing carbon emissions.

PFC formed four SPVs via PFCCL on April 14, 2026, to accelerate 765 kV and 400 kV power transmission projects in Rajasthan and Karnataka. This aims to streamline execution and ensure transparent bidding for infrastructure development.

Waaree Energies launched 'Don’t Worry, Trust Waaree' campaign as Rajasthan Royals’ Main Principal Partner for the 2026 season. It aims to boost clean energy awareness and adoption among Indian households, fostering trust and positive change.

Mumbai is launching a digital TDR platform this week to digitize transferable development rights. This aims to bring transparency, efficiency, and liquidity to real estate transactions, reducing reliance on intermediaries and supporting sustainable urban growth.

RR Kabel expanded its FMEG portfolio, launching kitchen appliances and upgraded air coolers. This strategic move targets India's rising demand for electric cooking and cost-effective cooling solutions, driven by urbanisation and climate pressures, positioning the company for significant growth.

India's LPG crisis drives a rapid shift to electric cooking. Induction cooktop sales surged to 1-2 lakh units daily, prompting policy to boost domestic manufacturing. This adds 13-27 GW electricity demand, posing infrastructure challenges.

iTokri achieved 100,000 product listings, connecting over 10,000 artisans across 500+ craft clusters. This milestone highlights significant growth in India's handmade marketplace, expanding access and supporting livelihoods in traditional crafts.

Merino Industries launched a campaign highlighting health, durability, and reliability in furniture materials. It addresses indoor air quality, moisture, and structural wear, reflecting a shift towards material quality and sustainable urban housing in India.