Mercom Research Focus
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Rising Landed Costs Shrink Savings for Solar Open Access Consumers

Savings for commercial and industrial (C&I) consumers under solar open access narrowed across most states in the fourth quarter (Q4) of 2025 as rising power purchase agreement (PPA) tariffs and charges drove up landed procurem...

March 13, 2026

Markets & Policy

Government Notifies Amendments to Captive Power Project Framework

The Ministry of Power has notified the Electricity (Amendment) Rules, 2026, introducing changes to Rule 3 of the Electricity Rules, which govern captive generating projects in India. The provisions relating to proportionate consum...

March 16, 2026

Mercom Research Focus

Industry Groups Slam Karnataka C&I Power Tariff Hike to Fund Farm Subsidy

Trade bodies have sharply criticized the Karnataka Electricity Regulatory Commission’s (KERC) decision to revise electricity tariffs for FY 2025-26, raising charges for commercial and industrial (C&I) consumers to help bridge ...

March 12, 2026

Electric Vehicles

Oil Shock from US-Iran War Strengthens Case for Transport Electrification, Renewables

The U.S.-Iran war, now into its second week, has triggered ripple effects on the Indian economy, raising fears of supply chain, shipping, and logistics disruptions across sectors. India’s energy security has been imperilled by the...

March 12, 2026

Latest News

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Daily News Wrap-Up: Government Announces Changes to Captive Power Policy

The Ministry of Power notified the Electricity (Amendment) Rules, 2026, introducing changes to Rule 3 of the Electricity Rules, which govern captive generating projects in India. The provisions relating to proportionate consumption rules for group...

March 17, 2026

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Sunsure Raises ₹6 Billion in Debt Financing from Aseem Infra and RBL Bank

Gurugram-based renewable energy solutions provider Sunsure Energy has raised ₹6.06 billion (~$65.64 million) in debt financing from Aseem Infrastructure Finance and RBL Bank to develop solar energy projects across Maharashtra and Uttar Pradesh. The...

March 17, 2026

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BlackSoil Invests ₹750 Million in Euler Motors to Support EV Growth

Alternative credit platform BlackSoil has invested ₹750 million (~$8.1 million) in electric vehicle manufacturer Euler Motors as part of a funding round following the company’s Series D raise completed in May 2025. The round was led by BlackSoil...

March 17, 2026

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Rajasthan Finalizes Regulations for Battery Energy Storage Systems

The Rajasthan Electricity Regulatory Commission (RERC) has finalized the Rajasthan Electricity Regulatory Commission [Battery Energy Storage Systems (BESS)] Regulations, 2025. These regulations establish a regulatory framework for the planning,...

March 17, 2026

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Pharma Packaging Unit Expects to Save ₹1.3 Million a Year from 130.98 kW Rooftop Project

A packaging unit of Senores Pharmaceuticals has reduced its electricity expenditure by 70-80% by installing a 130.98 kW rooftop solar project in Ahmedabad, Gujarat. Senores Pharmaceuticals is a global, research-driven pharmaceutical company that...

March 16, 2026

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Uttar Pradesh Regulator Approves Tariffs for 1 GWh Battery Storage Projects

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved tariffs of ₹6.64 (~$0.07)/kWh and ₹6.65 (~$0.07)/kWh for NTPC Vidyut Vyapar Nigam’s (NVVN) 250 MW/1,000 MWh standalone battery energy storage projects. The Commission...

March 16, 2026

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Rajasthan Regulator Proposes Changes to Renewable Energy Tariff Regulations

The Rajasthan Electricity Regulatory Commission (RERC) has released draft amendments to its Renewable Energy Tariff Regulations, proposing to extend the validity of the current framework until March 31, 2028, while introducing several changes...

March 16, 2026

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Government Mandates Local Traction Motor Manufacturing For E-Buses, Trucks

The Ministry of Heavy Industries (MHI) has amended the Phased Manufacturing Program (PMP) requirements for electric buses and electric trucks under the PM Electric Drive Revolution in Innovative Vehicle Enhancement Scheme (PM E-DRIVE), mandating...

March 16, 2026

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Union Bank to Issue Green Bonds of Up to ₹50 Billion

Union Bank of India has announced it will issue green/sustainable bonds of up to ₹50 billion (~$541.35 million) in one or more tranches. According to Union Bank’s Business Responsibility & Sustainability Report for 2024-2025, the bank has...

March 16, 2026

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Germany’s Grid-Connected Solar Capacity Rises to 106.2 GW in 2025

Germany’s total installed grid-connected photovoltaic systems installed on roofs and properties stood at nearly 4.8 million units, with a total capacity of about 106.2 GW at the end of 2025. Compared with the end of 2024, the number of rooftop...

March 16, 2026

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