Mercom Research Focus
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India Added 341 MWh of Energy Storage Capacity in 2024

India installed over 341 MWh of battery energy storage systems (BESS) in 2024, marking an over sixfold increase from the 51 MWh installed in 2023, according to Mercom India Research’s newly released report India’s Energy Sto...

July 8, 2025

Energy Storage

Accelerating India’s Net Zero Strategy with Energy Storage and Green Hydrogen

Energy storage and green hydrogen are crucial for mitigating the intermittency of renewable energy sources, such as solar and wind, thereby enabling a continuous power supply and enhancing grid reliability. These issues will be di...

July 9, 2025

Market & Policy

Karnataka Sets Benchmark Tariff of ₹3.07/kWh for MW-Scale Solar Projects

The Karnataka Electricity Regulatory Commission (KERC) has issued its generic tariff order for solar power projects. The order is applicable from July 1, 2025, to June 30, 2026. The tariffs apply to MW-scale ground-mounted, distri...

July 11, 2025

Electric Vehicles

MHI Announces Demand Incentives for Electric Trucks Under PM E-Drive

The Ministry of Heavy Industries (MHI) has issued a notification for the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program, offering demand incentives for electric trucks (e-trucks). Under the not...

July 11, 2025

Latest News

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APTEL Upholds Punjab Commission’s Writ Over PEDA in Renewable Energy Disputes

The Appellate Tribunal for Electricity (APTEL) has held that the Punjab State Electricity Regulatory Commission (PSERC) has the legal authority to issue directions to the Punjab Energy Development Agency (PEDA) and can hear disputes involving PEDA...

July 14, 2025

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H.G. Infra Engineering Approves ₹4 Billion Fundraise via Debenture Issue

Rajasthan-based H.G. Infra Engineering’s (HGIEL) board of directors has approved a proposal to raise up to ₹4 billion (~$46.52 million) through the issuance of non-convertible debentures (NCDs). The company is engaged in developing and implementing...

July 14, 2025

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SAEL to Set Up ₹82 Billion Integrated Solar Manufacturing Plant in Greater Noida

New Delhi-based solar and waste-to-energy company SAEL Industries will invest approximately ₹82 billion (~$953.78 million) through its subsidiary, SAEL Solar P6, to set up an integrated solar manufacturing facility in Greater Noida, Uttar Pradesh....

July 14, 2025

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Daily News Wrap-Up: RERC Approves Tariffs for 82 MW Solar Projects

The Rajasthan Electricity Regulatory Commission (RERC) approved tariffs ranging between ₹2.84 (~$0.033)/kWh and ₹3.04 (~$0.035)/kWh for 33 solar projects with a cumulative capacity of 81.86 MW. These projects are implemented under Component C...

July 14, 2025

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CERC Rejects Plea to Approve Tariff for 300 MW Wind-Solar Projects

The Central Electricity Regulatory Commission (CERC) has rejected Calcutta Electric Supply Corporation’s (CESCL) petition for approval of a tariff for 300 MW wind-solar hybrid power projects. The Commission noted that the petitioner failed to seek...

July 11, 2025

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RECPDCL Signs Agreements for Installing 3.32 Million Smart Meters in Gujarat

REC Power Development and Consultancy (RECPDCL) has signed agreements to deploy 3.32 million smart prepaid meters in Paschim Gujarat Vij Company’s (PGVCL) jurisdictional area as part of the Phase II rollout of the Revamped Distribution Sector Scheme...

July 11, 2025

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Rajasthan Commission Approves Tariffs for 82 MW Solar Projects Under KUSUM

The Rajasthan Electricity Regulatory Commission (RERC) has approved tariffs ranging between ₹2.84 (~$0.033)/kWh and ₹3.04 (~$0.035)/kWh for 33 solar projects with a cumulative capacity of 81.86 MW. These projects are implemented under Component C...

July 11, 2025

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Daily News Wrap-Up: MNRE Clarifies ALMM Norms for Behind-the-Meter Projects

The Ministry of New and Renewable Energy clarified that behind-the-meter projects for captive consumption by government entities or public sector enterprises must use solar modules from the Approved List of Models and Manufacturers (ALMM). However,...

July 11, 2025

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