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Rising Costs and Supply Shortages of DCR Modules Challenge Solar Programs

The PM Surya Ghar: Muft Bijli Yojana and the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) are the government’s key initiatives to help homeowners and farmers become energy prosumers. However, the increasin...

February 3, 2025

Mercom Research Focus

Capacity Additions Drive India’s Solar Power Generation Up 18% in 2024

India’s solar power generation rose nearly 18% year-over-year (YoY) to 133.8 billion units (BU) in 2024 from 113.4 BU, according to data published by the Central Electricity Authority (CEA). In the first nine months (9M) of ...

February 5, 2025

Other

Budget Reactions: Industry Applauds National Manufacturing Mission for Clean Energy

The Union Budget 2025 has received strong industry support for its emphasis on clean energy, domestic manufacturing, and infrastructure development. The budget, presented to Parliament by Finance Minister Nirmala Sitharaman last w...

February 4, 2025

Energy Efficiency

Financial Incentives Vital for Energy Transition of Hard-to-Abate Sectors: Interview

Vedanta Aluminium, part of the Vedanta Group, is among the leading aluminum producers in India. Its smelters and refineries in Odisha and Chhattisgarh are increasing the use of renewable energy sources like solar, wind and biomass...

January 31, 2025

Latest News

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BHEL-Hitachi Consortium Wins 6 GW Transmission Project from Adani Energy Solutions

A consortium of Bharat Heavy Electricals and Hitachi Energy India has received a letter of intent from Rajasthan Part I Power Transmission to set up high-voltage direct current line commutated converters (HDVC LCC) terminal stations in Rajasthan and...

February 10, 2025

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SJVN Invites Bids for 25 MW Green Hydrogen Project in Assam

SJVN Green Energy (SGEL), a subsidiary of SJVN, has invited bids for consultancy services to develop a comprehensive roadmap, prepare a detailed project report (DPR), and draft a tender document to set up a 25 MW green hydrogen project in Assam. The...

February 10, 2025

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JAKEDA Issues Empanelment Tender for 175 MW Rooftop Solar Projects

Jammu and Kashmir Energy Development Agency (JAKEDA) has issued a tender to empanel developers to set up 175 MW rooftop solar projects under the renewable energy service company model on government buildings in the union territory. Bids must be...

February 10, 2025

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Daily News Wrap-Up: Vadodara Invites Bids for 3 MW Solar Rooftop Systems

Vadodara Municipal Corporation invited bids to install 3 MW rooftop solar systems on its buildings. Bids must be submitted by February 24, 2025. Selected bidders must oversee the systems’ operation and maintenance for ten years. They must use...

February 10, 2025

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TCIL Invites Bids for 120 MW Solar Project in Bhutan’s Thimphu Region

Telecommunications Consultants India (TCIL) has invited expressions of interest to select a consortium partner to implement a 120 MW ground-mounted solar project. The project will be developed in Jamjee under Mewang Gewog in Thimphu, Bhutan, as a...

February 10, 2025

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Vadodara Municipal Corporation Invites Bids for 3 MW Rooftop Solar Systems

Vadodara Municipal Corporation has invited bids to install 3 MW rooftop solar systems on its buildings. Bids must be submitted by February 24, 2025. Bids will be opened on February 27. Bidders must furnish a bid security of ₹3.97 million (~$45,407)...

February 7, 2025

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India’s Installed Solar Capacity Surpasses 100 GW: Joshi

India’s installed solar capacity has surpassed 100 GW, the Ministry of New and Renewable Energy (MNRE) has announced. As of January 31, 2025, the installed solar capacity has reached 100.33 GW, Minister for New and Renewable Energy, Pralhad Joshi...

February 7, 2025

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Terra Clean Floats Land, Evacuation, BoP Tender for 275 MW Wind Project

Terra Clean, a subsidiary of Indian Oil Corporation, has invited bids for land, power evacuation, and balance of plant (BoP) package for a 275 MW inter-state transmission system (ISTS)-connected wind project. Bids must be submitted by February 28,...

February 7, 2025

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Daily News Wrap-Up: CERC Grants ₹20 Million Compensation to Solar Developer

The Central Electricity Regulatory Commission (CERC) declared a hike in Goods and Services Tax (GST) from 5% to 12% to 18% as a change in law event. It allowed Beempow Energy, backed by O2 Power, to seek compensation. Beempow can receive...

February 7, 2025

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REC Records 18% YoY Increase in Revenue in Q3 FY 2025

Public infrastructure finance company REC Limited recorded a total income of ₹142.86 billion (~$1.63 billion) for the third quarter (Q3) of the financial year (FY) 2025, an 18% year-over-year (YoY) increase. REC’s net profit for the quarter rose 23%...

February 7, 2025

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