The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs ranging from ₹210,000 (~$2,179.66)/MW/month to ₹212,000 (~$2,200.42)/MW/month for Gujarat Urja Vikas Nigam’s (GUVNL) procurement of 335 MW/670 MWh energy storage capacity....

The decks have been cleared for the merger of REC Limited with the Power Finance Corporation (PFC), with the boards of the two government-owned companies approving the proposal made in the Union Budget 2026-27. In separate filings on the BSE, the...

Gujarat-based solar module manufacturer Solex Energy reported a revenue of ₹8.86 billion (~$92.39 million) for the fourth quarter (Q4) of the financial year (FY) 2026, up 247.6% year-over-year (YoY) from ₹2.55 billion (~$26.58 million). Earnings...

The Uttarakhand Renewable Energy Development Agency (UREDA) has invited bids under two tenders to select engineering, procurement, and construction (EPC) contractors for grid-connected rooftop and small solar power projects at government buildings...

The Central Electricity Regulatory Commission (CERC) has adopted a tariff of ₹2.15 (~$0.0224)/kWh for a 170 MW solar project to be developed as Unit 3 of the Neemuch Solar Park in Madhya Pradesh. The Commission held that the tariff had been...

India added nearly 1.6 GW of wind power capacity in the first quarter (Q1) of the calendar year 2026, up 14% quarter-over-quarter from 1.3 GW. The capacity additions fell 16% year-over-year (YoY) from 1.8 GW, according to Mercom India Research....

Solar module and cell manufacturer Premier Energies has posted revenue of ₹22.7 billion (~$237.12 million) in the fourth quarter (Q4) of the financial year (FY) 2026, up 40.1% year-over-year (YoY) from ₹16.2 billion (~$169 million). Higher sales...

Rooftop solar solutions company Fujiyama Power Systems has commissioned a 2,000 MW solar module manufacturing facility in Ratlam, Madhya Pradesh. In addition to solar modules, the facility will manufacture batteries and inverters. The facility is...

Government-owned power generation company SJVN’s revenue rose 196.7% to ₹14.96 billion (~$156.31 million) in the fourth quarter of the financial year (FY) 2026 from ₹5.04 billion (~$52.66 million) in the same period last year. Revenue increased due...