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MNRE Designates SECI as Sole Implementing Agency for Renewable Energy Bidding

The Ministry of New and Renewable Energy (MNRE) has designated the Solar Energy Corporation of India (SECI) as the sole renewable energy implementing agency (REIA) for issuing renewable energy procurement bids as an intermediary p...

April 6, 2026

Mercom Research Focus

Market Leaders in India’s Solar Sector in 2025

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the increasing competitiveness of the industry, according to Mercom ...

April 2, 2026

Market & Policy

Supreme Court Backs Maharashtra on Ending Power Duty Exemptions

The Supreme Court has upheld the Maharashtra government’s authority to withdraw or modify electricity duty exemptions granted to captive power generators, while directing that such withdrawal can take effect only after a reasonabl...

April 2, 2026

Markets & Policy

CERC Notifies Phased Move to Schedule-Based Deviation for Wind, Solar Under DSM

The Central Electricity Regulatory Commission (CERC) has determined the value of “X” for computing deviation by wind and solar sellers under the Deviation Settlement Mechanism (DSM) Regulations, 2024. The revised framework will co...

April 1, 2026

Latest News

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Month in a Minute: Top Headlines from the Indian Renewable Sector in March 2026

India added nearly 119 GW of solar modules and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report. The manufacturing expansion was driven by demand from India’s large...

April 6, 2026

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Telangana Electricity Regulator Rejects Plea to Restore Night-time Tariff Rebate

The Telangana Electricity Regulatory Commission (TGERC) has ruled that there is no basis to modify the existing time-of-day (ToD) tariff structure for high-tension consumers and upheld its earlier decision to withdraw the night-time rebate of ₹1.50...

April 6, 2026

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Solar Module Manufacturer Cosmic PV Files for ₹6.4 Billion IPO

Solar module manufacturer Cosmic PV Power has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise up to ₹6.4 billion (~$69 million) through an initial public offering (IPO) comprising a fresh issue and an...

April 6, 2026

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Rajasthan Lowers Charges for Open Access Power Consumers for FY 2027

The Rajasthan Electricity Regulatory Commission (RERC) has largely carried forward the existing retail electricity tariff structure for the financial year (FY) 2026–27, while revising key surcharge components and open access charges. Domestic...

April 6, 2026

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Cairn Begins Sourcing 25 MW of Wind-Solar Power from Serentica

Cairn Oil & Gas, a Vedanta Group company, has signed a power delivery agreement (PDA) with renewable energy solutions provider Serentica Renewables to source 25 MW of wind-solar energy to support the operations of Cairn’s Mangala onshore oil...

April 6, 2026

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Neuron Energy Sets Up 5 GWh Battery Storage Facility, Expands Beyond EV Segment

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has commissioned a ₹1 billion (~$10.76 million) battery energy storage system manufacturing facility with an annual capacity of 5 GWh in Talegaon, Maharashtra, marking its entry into...

April 6, 2026

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IEX Trades Record Electricity of 141 BU in FY 2026, Breaks Last Year’s Record

The Indian Energy Exchange (IEX) has reported the highest-ever electricity trading volume of 141 billion units (BU) in the financial year (FY) 2026, an increase of 17% year-over-year (YoY). India’s power demand grew by 1.1% YoY during the...

April 6, 2026

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Quality Power’s Subsidiary Secures ₹1.52 Billion Battery Storage System Order

Maharashtra-headquartered energy transition equipment and power technology company Quality Power’s Türkiye-based material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has received an order to supply and integrate battery energy storage...

April 6, 2026

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Northern Railway Floats O&M Tender for 1 MW Solar Projects

Northern Railway has issued a tender for the annual comprehensive operation and maintenance (O&M) of 1 MW solar projects installed at various locations at Shri Mata Vaishno Devi Katra Railway Station, platform shelters, and service buildings in...

April 6, 2026

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