LATEST HEADLINES
REC Reports Record ₹163 Billion FY 2026 Profit, Loan Book Hits ₹5.84 Trillion
Apr 29, 2026
Enviro Infra’s Subsidiary to Acquire Suyog Urja in $33 Million Deal
Apr 29, 2026
East Central Railway Tenders 1.1 MW Rooftop Solar Systems Under Sonpur Division
Apr 29, 2026
Punjab Floats Tender to Procure 250 MW of Solar Power
Apr 29, 2026
Solar Complements Thermal in Meeting India’s Peak Power Demand
Apr 29, 2026
India’s solar manufacturing sector is expanding unevenly, with module production scaling rapidly while cell manufacturing continues to lag. Despite policy support and strong domestic demand, the gap highlights underlying technolog...
April 29, 2026
Mercom Research Focus
Rajasthan’s Virtual, Group Net Metering Rollout Slows Amid Lack of GuidelinesThe Rajasthan Electricity Regulatory Commission (RERC) notified the regulations for virtual and group net metering for renewable energy projects roughly five months ago, but implementation has progressed slowly. Rooftop solar inst...
April 28, 2026
C&I
Hybrid Systems, Storage Drive Next Phase of India’s Solar GrowthIndia’s solar industry is entering a new phase of growth, marked by a rapid shift toward hybrid energy systems, battery storage, and high-efficiency module technologies, driven by rising renewable penetration, grid stability chall...
April 29, 2026
Grid
Industry Gets Interim Relief as APTEL Stays MERC’s New Energy Banking-Linked Power BillsThe Appellate Tribunal for Electricity (APTEL) has issued an interim order staying the issuance of disconnection notices and electricity bills raised under the new power banking mechanism introduced by the Maharashtra Electricity ...
April 29, 2026
LATEST HEADLINES
REC Reports Record ₹163 Billion FY 2026 Profit, Loan Book Hits ₹5.84 Trillion
Apr 29, 2026
Enviro Infra’s Subsidiary to Acquire Suyog Urja in $33 Million Deal
Apr 29, 2026
East Central Railway Tenders 1.1 MW Rooftop Solar Systems Under Sonpur Division
Apr 29, 2026
Punjab Floats Tender to Procure 250 MW of Solar Power
Apr 29, 2026
Solar Complements Thermal in Meeting India’s Peak Power Demand
Apr 29, 2026
Trending News
April 24, 2026
April 27, 2026
April 24, 2026
Tender & Auctions
East Central Railway Tenders 1.1 MW Rooftop Solar Systems Under Sonpur Division
April 29, 2026
April 28, 2026
April 24, 2026
Mercom Insights
Why India’s Solar Cell Production Lags Behind Module Manufacturing
April 27, 2026
April 16, 2026
Energy Storage
Hybrid Systems, Storage Drive Next Phase of India’s Solar Growth
Latest News
Public infrastructure finance company REC recorded a total income of ₹145.83 billion (~$1.54 billion) for the fourth quarter of the financial year 2026, down 5% from ₹153.48 billion (~$1.62 billion) in the corresponding quarter last year. The...
April 29, 2026
Enviro Infra Engineers’ wholly owned subsidiary, EIE Renewables, has signed a share purchase agreement to acquire a 100% stake in Suyog Urja through a phased transaction. Under the agreement, EIE Renewables will initially acquire a 51% stake in...
April 29, 2026
East Central Railway has invited bids to install 1.114 MW of rooftop solar systems at Amrit Bharat station (533 kW) and at various locations (581 kW) under Sonpur Division in Bihar. The scope of work includes the design, manufacture, and supply of...
April 29, 2026
The Punjab State Power Corporation (PSPCL) has issued a tender for procuring 250 MW of power from grid-connected solar projects for 25 years. Bids must be submitted by May 20, 2026. Bids will be opened on May 22. Bidders must furnish an earnest...
April 29, 2026
Strong capacity additions and advanced resource adequacy planning have helped India meet peak energy demand without any shortages so far this summer. The country’s peak electricity demand reached 256.1 GW on April 25, 2026, according to the Ministry...
April 29, 2026
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved an aggregate revenue requirement (ARR) of approximately ₹59.61 billion (~$630.22 million) and ₹255.41 million (~$2.7 million) for Uttar Pradesh Power Transmission Corporation...
April 29, 2026
The Rajasthan Electricity Regulatory Commission notified the regulations for virtual and group net metering for renewable energy projects roughly five months ago, but implementation has progressed slowly. Rooftop solar installers say that while the...
April 29, 2026
From: Mercom Capital Group U.K.-based Enviromena, an independent power producer, signed an £825 million (~$1.1 billion) senior portfolio financing package to support the expansion of its solar portfolio across the U.K. The transaction is...
April 29, 2026
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