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Solar91, Srinivasa Constructions Among Winners of HESCOM’s 95 MW Solar Auction

Seven companies have won Hubballi Electricity Supply Company’s (HESCOM) auction to commission 13 solar power projects totaling 95 MW in Karnataka under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan ...

January 16, 2026

Mercom Research Focus

Farmers in Maharashtra and Rajasthan Turn to Robotic Cleaning to Improve Solar Output

The rapid rollout of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program is gradually transforming India’s rural solar landscape by enabling decentralized, feeder-level solar power projects for agricu...

January 14, 2026

Mercom Research Focus

Is Aggressive Bidding Distorting the Economics of Energy Storage Projects in India?

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability under modeled assumptions, highlighting the continuing cost chall...

January 13, 2026

Markets & Policy

Pace Digitek Bags EPC Contract for Bondada’s 300 MW Solar Project

Pace Digitek has secured an engineering, procurement, and construction (EPC) order valued at ₹3.76 billion (~$45.3 million) from Bondada Engineering, to provide balance-of-system works for its 300 MW solar project. The company’s s...

January 16, 2026

Latest News

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Government Allows Bidders with ToT Agreements to Participate in BESS Tenders

The Ministry of Power (MoP) has temporarily waived the Department for Promotion of Industry and Internal Trade (DPIIT) registration requirement for bidders using lithium-ion cell technology with transfer-of-technology (ToT) arrangements involving...

January 16, 2026

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Emmvee Photovoltaic Reports 118% YoY Increase in Q3 FY 2026 Revenue

Bengaluru-based solar cell and module manufacturer, Emmvee Photovoltaic Power, has reported a revenue of ₹11.52 billion (~$127.6 million) in the third quarter (Q3) of the financial year (FY) 2026, registering a year-over-year (YoY) increase of 118%....

January 16, 2026

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Daily News Wrap-Up: APM Projects Wins DMRCL’s 5 MW Solar Auction

APM Projects won Delhi Metro Rail Corporation’s (DMRCL) auction to set up 5 MW of rooftop solar systems over its Phase-IV metro rail network under RESCO Mode. APM quoted a tariff of ₹3.68 (~$0.0407)/kWh to win the auction. The tender was issued in...

January 16, 2026

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Geeta Polymers Cuts Power Bills With 350 kW Rooftop Solar System

As commercial and industrial (C&I) consumers across India increasingly turn to rooftop solar to manage rising electricity costs and ensure long-term energy reliability, manufacturing companies are emerging as key adopters of on-site renewable...

January 16, 2026

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Dalmia Cement Expands Solar Use, to Procure 128 MW from Oriana

Dalmia Cement (Bharat), a wholly owned subsidiary of Dalmia Cement Bharat, will source up to 128 MW of solar power from a Tamil Nadu-based under-construction project of Oriana Power’s special purpose vehicle (SPV) TrueRE Surya. Dalmia invested ₹428....

January 16, 2026

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Ddev Plastiks Ventures into BESS Manufacturing with 5 GWh Initial Capacity

Kolkata-based Ddev Plastiks, a manufacturer of specialty compounds, has announced a foray into battery energy storage system (BESS) manufacturing with initial plans to set up a 5 GWh plant. The manufacturing facility, using lithium-ion (li-ion)...

January 16, 2026

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Carbon Credits Platform RenewCred Secures ₹42.5 Million in Seed Funding

Independent carbon credit standard and registry, RenewCred, has secured equity and grants totalling ₹42.5 million (~$471,000) in a seed funding round. The funding will be used to develop a fully digital, science-led carbon credit standard and...

January 16, 2026

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Meghmani Organics to Source Wind-Solar Power from Prozeal’s 2.2 MW Project

Ahmedabad-based chemicals manufacturer Meghmani Organics has signed an agreement with Pro-Zeal Green Power Fifteen, a special purpose vehicle (SPV) of Prozeal Green Energy, to procure 2.2 MW of wind-solar hybrid power as a captive consumer. Meghmani...

January 15, 2026

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