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Reliance, SAEL, JBM, PNC, Navayuga Win NHPC’s 1.2 GW Solar Plus Storage Auction

Reliance Infrastructure, JBM Renewables, PNC Infratech, SAEL Industries, and Navayuga Engineering Company have won NHPC’s 1.2 GW auction (Tranche-XI) to set up interstate transmission system (ISTS)-connected solar power projects w...

July 15, 2025

Mercom Research Focus

Maharashtra’s Energy Banking Rules Could Limit Solar Capacity Additions

Solar project developers fear a significant drop in capacity additions among Maharashtra’s prosumers because of the Maharashtra Electricity Regulatory Commission’s (MERC) proposal to impose energy banking restrictions. The MERC ta...

July 15, 2025

Other

Components Manufacturing Key to Renewable Energy Sector Growth

As India accelerates the integration of renewable energy, the focus is shifting beyond solar module manufacturing to encompass a broader range of components critical for the sector’s long-term sustainability. The country needs to ...

July 16, 2025

Market & Policy

Electricity Derivatives: A Gamechanger for Indian Power Market Stakeholders

The recent launch of electricity derivatives by the Multi Commodity Exchange of India (MCX) and the National Stock Exchange (NSE) is a long-awaited reform, with a history spanning over 15 years. In 2010, an attempt to launch elect...

July 16, 2025

Latest News

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August Energy Secures $15 Million to Expand India Renewables Portfolio

Switzerland-based impact asset manager responsAbility will invest $15 million (~₹1.28 billion) in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform, August Energy, on behalf of its investors. The funding will support August...

July 16, 2025

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Power Ministry Launches Program to Boost Energy Efficiency in MSME Sector

The Ministry of Power (MoP) has launched a new program, Assistance in Deploying Energy-Efficient Technologies in Industries & Establishments (ADEETIE), aimed at enhancing energy efficiency in micro, small, and medium enterprises (MSMEs). The...

July 16, 2025

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APTEL Rules Transmission Line Built by CTU Deemed Interstate System  

The Appellate Tribunal for Electricity (APTEL) has confirmed that transmission systems built, owned, and operated by the Central Transmission Utility (CTU) qualify as an interstate transmission system (ISTS) even if located within a single state....

July 16, 2025

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Chhattisgarh Hikes FY 2026 Electricity Tariffs by 1.89% Across Categories

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued its final tariff order for the financial year (FY) 2026, introducing an average hike of 1.89% across consumer categories. The revised rates are effective until March 31,...

July 16, 2025

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Shree Cement Aims to Cut Reliance on Grid Energy with 6 MW Solar Project

The cement industry is one of the most hard-to-abate sectors, but Indian cement manufacturers have been aggressively reducing their carbon footprint by using renewable energy to power their operations. Credit ratings agency ICRA had forecasted last...

July 16, 2025

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Rooftop Solar Helps National Institute Reduce Electricity Costs by 30%

It is not only industries with huge power requirements that are recognizing the benefits of switching to solar energy. National institutions of repute are also going green by reducing their carbon footprint by installing solar panels on their...

July 16, 2025

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US Initiates National Security Investigation into Polysilicon Imports

The U.S. Department of Commerce has commenced an investigation to determine the effects of importing polysilicon and its derivatives on the country’s national security. The investigation aims to assess the potential for export restrictions by...

July 16, 2025

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Funding and M&A Roundup: ESS Tech Raises $31 Million

From: Mercom Capital Group ESS Tech, a manufacturer of iron flow long-duration energy storage (LDES) systems for commercial- and utility-scale applications, has closed $31 million in insider-led funding measures. This funding enables the company to...

July 16, 2025

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SECI Invites Bids for Operation and Maintenance of 10 MW Solar Project

The Solar Energy Corporation of India (SECI) has invited bids for the operation and maintenance (O&M) of a 10 MW ground-mounted solar power project in Badi Sid, Rajasthan, for five years. The last date to submit bids is August 5, 2025. Bids will...

July 16, 2025

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Daily News Wrap-Up: Winners of NHPC’s 1.2 GW Solar Plus Storage Auction

Reliance Infrastructure, JBM Renewables, PNC Infratech, SAEL Industries, and Navayuga Engineering Company won NHPC’s 1.2 GW auction (Tranche-XI) to set up interstate transmission system-connected solar power projects with 600 MW/2,400 MWh energy...

July 16, 2025

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