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MNRE Proposes ALMM for Wafers, Ingots in Solar Backward Integration Push

Accelerating its push for creating domestic manufacturing capacities across the solar value chain, the government has proposed mandating the use of India-made wafers under the Approved List of Models and Manufacturers (ALMM) start...

September 15, 2025

Mercom Research Focus

New GST Rates on Renewable Energy Goods Likely to Reduce Costs and Tariffs

The reduction in Goods and Services Tax (GST) from 12% to 5% on solar cells and other renewable energy devices is likely to lower power costs for consumers while enhancing project viability for developers. Besides solar cells, win...

September 12, 2025

C&I

Financing Options for Rooftop and Open Access Solar Projects

Commercial and industrial (C&I) consumers are increasingly evaluating rooftop solar and open access power purchase agreements as cost-effective solutions for reducing electricity expenses and meeting sustainability goals. Howe...

September 16, 2025

C&I

Policy Uncertainty a Barrier for Solar Open Access in Telangana

Despite growing demand from energy-intensive industrial sectors, solar open access projects are not seeing much traction in Telangana due to a lack of policy clarity. Open access developers say that consumers can save up to ₹5 (~$...

September 16, 2025

Latest News

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Daily News Wrap-Up: MNRE Plans ALMM for Solar Wafers, Ingots

Accelerating its push for creating domestic manufacturing capacities across the solar value chain, the government proposed mandating the use of India-made wafers under the Approved List of Models and Manufacturers (ALMM) starting June 1, 2028. The...

September 16, 2025

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INA Solar Commissions 4.5 GW Solar Module Plant in Rajasthan

INA Solar has operationalized its 4.5 GW solar module manufacturing plant at the Sawarda village in Rajasthan’s Jaipur district. With the commissioning of this plant, INA Solar has expanded its manufacturing capacity to 5.5 GW.  The facility, spread...

September 16, 2025

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APTEL Reduces Heavy Penalty on Delhi DISCOMs for RPO Non-Compliance

The Appellate Tribunal for Electricity (APTEL) has set aside the penalties imposed by the Delhi Electricity Regulatory Commission (DERC) on BSES Yamuna Power and BSES Rajdhani Power for failing to meet their renewable purchase obligations (RPO)...

September 16, 2025

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Vikram Solar Secures ₹2.73 Billion Module Supply Order from AB Energia

Kolkata-based solar module manufacturer Vikram Solar has secured an order from AB Energia Solutions for the supply of 200 MW of solar modules, valued at approximately ₹2.73 billion (~$32.63 million). The agreement will see the modules deployed...

September 16, 2025

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MAHAPREIT Invites Bids to Empanel Solar Project Consultants

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has invited bids to empanel consultants to prepare pre-feasibility and detailed project reports (DPR) and financial models for rooftop and ground-mounted solar projects. The...

September 16, 2025

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SECI Invites Bids for 13 MW Rooftop Solar Projects in Puducherry

The Solar Energy Corporation of India (SECI) has issued a request for selection to install 13,043 kW of grid-connected rooftop solar projects on government buildings in Puducherry (Tranche-V). The systems will be installed under the renewable energy...

September 16, 2025

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Uttar Pradesh Floats Tender to Procure Power from 1.5 GWh of Standalone BESS

Uttar Pradesh Power Corporation (UPPCL) has invited bids to supply energy from 375 MW/1,500 MWh standalone battery energy storage systems (BESS). Bids must be submitted by October 13, 2025. Bids will be opened on October 16. Bidders must furnish a...

September 16, 2025

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Mufin Green Raises ₹500 Million via Private Placement of NCDs

Mufin Green Finance, a listed non-banking financial company (NBFC), has completed the allotment of 5,000 non-convertible debentures (NCDs) worth ₹500 million (~$5.67 million) through a private placement. As per an intimation filed with the stock...

September 15, 2025

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