Mercom Research Focus
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Q4 2025 Sees Broad QoQ Cost Declines in Solar Projects

The average system cost of large-scale solar projects recorded mixed movements in the fourth quarter of 2025. Projects with Indian modules across technologies posted consistent quarter-over-quarter (QoQ) declines, while projects w...

March 2, 2026

Tenders & Auctions

KPI Green, Urdhvaga, Adyant Enersol, Lambent Win SJVN’s 600 MW Wind Auction

KPI Green Energy, Urdhvaga Renewables India Project (UPC Renewables), Adyant Enersol (Datta Infra), and Lambent Energy (Eight) have won SJVN’s auction to set up 600 MW interstate transmission system (ISTS)-connected wind projects....

March 2, 2026

Energy Storage

Coal India and Onward Solar Win SECI’s 125 MW/500 MWh Standalone BESS Auction

Coal India and Onward Solar Power have won Solar Energy Corporation of India’s (SECI) auction to set up six standalone battery energy storage systems (BESS) in Odisha, with a cumulative capacity of 125 MW/500 MWh. Coal India won C...

March 2, 2026

Event

Mercom India’s Renewables Summit Sixth Edition Rescheduled to July 1-2, 2026

The sixth edition of Mercom India’s flagship Renewables Summit has been rescheduled to July 1-2, 2026, at the Hyatt Regency in New Delhi, from July 9-10. Each year, the Summit convenes policymakers, industry leaders, investors, an...

March 2, 2026

Latest News

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Enrich Energy Bags EPC Contract from NTPC REL for 300 MW Solar Project

Pune-based Enrich Energy has bagged an engineering, procurement, and construction (EPC) contract, including land, from NTPC Renewable Energy (NTPC REL) for a 300 MW interstate transmission system (ISTS)-connected solar power project near NTPC Anta,...

March 2, 2026

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Meghalaya Proposes Rules for Grid-Connected Distributed Renewable Energy

The Meghalaya State Electricity Regulatory Commission (MSERC) has issued draft regulations to govern grid-interactive Distributed Renewable Energy Systems (DRES) in the state. Stakeholders can submit their comments by March 13, 2026. The draft...

March 2, 2026

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CERC Issues Rules to Operationalize Carbon Credit Trading on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has issued the CERC (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2026, proposing a framework for the purchase and sale of Carbon Credit Certificates...

March 2, 2026

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TNERC Adopts Tariff for 375 MW/1,500 MWh Battery Energy Storage Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has adopted tariffs of ₹315,000 (~$3,459)/MW/month and ₹316,000 (~$3,470)/MW/month for 375 MW/1,500 MWh battery energy storage system (BESS) projects. The Commission also approved amendments...

March 2, 2026

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Jharkhand Floats EPC Tender for Setting Up 9 MW Solar Project

Jharkhand Renewable Energy Development Agency (JREDA) has issued an engineering, procurement, and construction (EPC) request for proposal to set up a 9 MW solar project on government land in Palamu district. Bids must be submitted by March 20, 2026....

March 2, 2026

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GERC Approves Tariffs for 1.665 GW/3.33 GWh Battery Storage Projects

The Gujarat Electricity Regulatory Commission (GERC) has adopted tariffs in the range of ₹185,390 (~$2,034)/MW to ₹189,000 (~$2,074)/MW per month discovered under the competitive bidding process conducted by Gujarat Urja Vikas Nigam (GUVNL) for the...

March 2, 2026

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SJS Enterprises to Procure Power from DB Renews’ 27 MW Wind Project

Bengaluru-based SJS Enterprises will procure up to 3.6 million units of power annually from DB Renews’ 27 MW wind power project in Belagavi district, Karnataka. DB Renews is Doddanavar Global Energy’s subsidiary. The project consists of 10 wind...

March 2, 2026

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Rajasthan Mandates Phase Balancing for Rooftop Solar Systems

The Rajasthan government has directed distribution companies (DISCOMs) to ensure that all single-phase rooftop solar systems are commissioned after conducting proper phase balancing at the distribution transformer level. The government said that...

March 2, 2026

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Tamil Nadu Invites Bids for 20 MW Rooftop Solar Projects on Government Buildings

The Tamil Nadu Green Energy Corporation (TNGECL) has invited bids to set up 20 MW of grid-connected rooftop solar projects on government buildings under the renewable energy service company (RESCO) model. The projects will be installed across four...

March 2, 2026

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Ludhiana Municipality Invites Bids for EV Charging Stations, Battery Swap Points

The Municipal Corporation of Ludhiana (MCL) has invited bids from central and state public-sector undertakings to supply, install, operate, and maintain electric-vehicle charging stations (EVCS) and battery-swap points under a...

March 2, 2026

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