Mercom Research Focus
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Average Cost of Large-Scale Solar Projects Rose Marginally in Q1 2025

Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s  Q1 2025 India Solar Market Update, average project costs rose 3% quarter-over-quarter (QoQ) and 1% year-over-year (YoY)....

June 12, 2025

Markets & Policy

Renewable Energy Sector Cheers RBI Interest Rate Cut, Expects Lending Boost

The Reserve Bank of India’s (RBI) recent decision to cut interest rates by 50 basis points has brought cheer to the renewable energy sector, with stakeholders describing the announcement as a significant tailwind. Industry insider...

June 11, 2025

Solar

SEPC Bags 133 MW Solar EPC Contract in Maharashtra

Solar engineering, procurement, and construction (EPC) firm SEPC received a letter of award from Parmeshi Urja for the EPC of 133 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabh...

June 12, 2025

C&I

Low-Cost Clean Energy Solutions to Help C&I Businesses Become Sustainable

Mercom India is hosting the fourth edition of its ‘C&I Clean Energy Meet’ in Coimbatore, Tamil Nadu, on June 13, 2025. Registration for the day-long event will start at 9:30 AM at the Welcomhotel by ITC Hotels. These clean ene...

June 12, 2025

Latest News

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Power Ministry Proposes Sale, Lease, Renting of Energy Storage Systems

The Ministry of Power (MoP) has proposed an amendment to the Electricity Rules 2025 to permit the sale, lease, and renting of energy storage systems (ESS). The Ministry invited comments on the draft amendment from stakeholders to be sent by July 10,...

June 12, 2025

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NHPC Issues Tender for 2.5 MW Rooftop Solar Projects in Nagaland

NHPC has issued a request for proposal for setting up 2.56 MW rooftop solar projects at various government buildings in Nagaland. Bids must be submitted by July 11, 2025. Bids will be opened on July 13. Bidders must furnish an earnest money deposit...

June 12, 2025

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NTPC Raises $750 Million via External Commercial Borrowing

NTPC has raised an unsecured $750 million via an external commercial borrowing syndicated term loan facility. This loan will include a base issue of $500 million and a greenshoe option of $250 million, with a door-to-door tenor of 10 years and an...

June 12, 2025

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India Plans ₹530 Billion Ultra-High Voltage AC Transmission System by 2034

The Ministry of Power is enhancing India’s power transmission infrastructure with an ultra-high voltage alternating current transmission (UHV AC) system. Nine 1,100 kV lines and ten substations have been identified for development by 2034, with an...

June 12, 2025

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West Bengal Floats O&M Tender for 10 MW Solar Projects

The West Bengal Power Development Corporation (WBPDCL) has invited bids for biennial operation and maintenance (O&M) of 10 MW ground-mounted solar power projects at the Sagardighi Thermal Power Project for two years. Bids must be submitted by...

June 12, 2025

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Daily News Wrap-Up: Clean Energy Sector Welcomes RBI Interest Rate Cut

The Reserve Bank of India’s (RBI) recent decision to cut interest rates by 50 basis points has brought cheer to the renewable energy sector, with stakeholders describing the announcement as a significant tailwind. Industry insiders said the rate cut,...

June 12, 2025

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Clean Energy Lender Solar Mosaic Files for Bankruptcy

Hit by multiple macroeconomic challenges, U.S. residential solar fintech and energy-efficient home improvement platform Solar Mosaic has filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the...

June 12, 2025

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