India extends exemption for net-metering and open access renewable energy projects from ALMM List-II compliance until December 31, 2026, supporting domestic solar PV manufacturers and self-reliance goals.
The EU and Ukraine have formally begun accession negotiations, a significant step towards potential membership. This development, previously blocked by Hungary's former government, was enabled by an agreement on minority rights. Leaders hailed it as historic, though the process is expected to take years, especially while Ukraine is at war.
EU ambassadors agreed to advance accession talks with Ukraine and Moldova, with negotiations to begin Monday. President Zelensky hailed it as a "strong step for Europe." Meanwhile, Ukraine targeted Russian supply lines in Crimea, and Russia's army staffing increased.
Indian Railways faces increased electricity costs following a Supreme Court ruling. The court declared the national transporter a "consumer" under the Electricity Act, making it liable for cross-subsidy and additional surcharges on open access power. This decision impacts the railways' operating ratio and power procurement expenses, overturning previous exemptions.
