Mercom Research Focus
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Maharashtra and Rajasthan Lead Solar-Powered Agriculture Under KUSUM Program

Maharashtra and Rajasthan have been frontrunners in the adoption of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program Component C, demonstrating progress in scaling renewable energy infrastructure t...

January 10, 2025

Markets & Policy

Karnataka Issues Draft Open Access Regulations 2025

The Karnataka Electricity Regulatory Commission (KERC) has released the draft Karnataka Electricity Regulatory Commission (Terms and Conditions for Open Access) Regulations, 2025. Stakeholders can submit their comments and suggest...

January 20, 2025

Markets & Policy

Andhra Pradesh High Court Rules Solar Projects Liable for 5% GST

The Andhra Pradesh High Court has held that a solar power project does not qualify as a ‘works contract’ taxable at 18% goods and services tax (GST); instead, it is a ‘composite supply’ and a moveable prope...

January 15, 2025

Other

Pre-Tender Offtake Agreements Will Accelerate Renewables Expansion: Interview

Gurugram-based renewable energy company Datta Power Infra is emerging as a key player in India’s clean energy scenario. It manages a 3.5 GW portfolio in renewable energy assets and has an 8 GW pipeline under development. In this e...

January 16, 2025

Latest News

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MERC Allows Deviations in Adani Electricity’s 1 GW RTC Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved Adani Electricity Mumbai Limited’s (AEML-D) deviations to procure 1,500 MW of power from renewable and non-renewable sources. The Commission directed AEML to modify the bid...

January 20, 2025

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US Releases Additional Guidance Under IRA’s Domestic Content Bonus

The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released additional guidance on the Inflation Reduction Act’s (IRA) domestic content bonus for clean electricity production and investment tax credits. The...

January 20, 2025

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GUVNL Invites Bids to Procure 250 MW Solar Power with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 250 MW grid-connected solar power projects anywhere in India with a greenshoe option of 250 MW. The last date to submit bids is February 10, 2025. Bids will be opened on...

January 20, 2025

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ITI Invites Bids for 10 MW Solar Power Project in Uttar Pradesh

ITI, a public sector undertaking under the Department of Telecommunications, has issued a request for proposal to set up 10 MW ground-mounted, grid-connected solar projects at Naini, Uttar Pradesh. Bids must be submitted by February 7, 2025. Bids...

January 20, 2025

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GUVNL Floats Tender to Procure 500 MW Wind Power

The Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 250 MW grid-connected wind power projects with a greenshoe option of 250 MW in Gujarat. The last date to submit bids is February 11, 2025. Bids will be opened on February 14....

January 20, 2025

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Daily News Wrap-Up: Tripura Floats Consultancy Tender for Pumped Storage Project

The Tripura Renewable Energy Department Agency invited bids for a pre-feasibility report for a pumped hydro storage project in the state. Bids must be submitted by January 30, 2025. Bids will be opened on the same day. Selected bidders must survey...

January 20, 2025

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EV Charging Company Bolt.Earth Raises $5 Million In Series A Funding

Bengaluru-based electric vehicle (EV) charging solutions provider Bolt.Earth raised $5 million in a series A+ funding round. The funding round was led by Version One Ventures, a new investor and returning investors USV and Prime Venture Partners....

January 20, 2025

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Gujarat Invites Bids for 500 MW/1000 MWh Standalone BESS

The Gujarat Urja Vikas Nigam (GUVNL) has invited bids to set up 500 MW/1000 MWh standalone battery energy storage systems (BESS) under tariff-based competitive bidding (Phase VI). The last day to submit the bids is February 24, 2025. Bids will be...

January 20, 2025

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Concord Biotech to Procure Wind-Solar Power from CleanMax’s Project

Ahmedabad-based pharmaceutical company Concord Biotech has entered into a strategic agreement to acquire a 26% equity stake in CleanMax Everglades, a CleanMax Enviro Energy Solutions special purpose vehicle that is setting up a renewable energy...

January 17, 2025

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