Mercom Research Focus
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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

Renewable Energy

MNRE Approves 500 MW Pilot CfD Program for Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of India (SECI) designated as the nodal agency. Under the approved...

April 1, 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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Inox Clean Acquires Macquarie-Owned Vibrant Energy for ₹50 Billion

Inox Clean Energy has completed the acquisition of Vibrant Energy, a renewable energy platform owned by Macquarie and other shareholders, for approximately ₹50 billion (~$536.28 million). The transaction adds a renewable energy portfolio of about 1....

April 2, 2026

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Himachal Pradesh Sets Levelized Tariffs for Distributed Solar Projects

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has determined the generic levelized tariffs for solar projects up to 5 MW for the financial year (FY) 2026-27. The tariffs range from ₹3.34 (~$0.035)/kWh to ₹3.52 (~$0.038)/kWh,...

April 2, 2026

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CEA Notifies Rules on Safety Framework for Battery Energy Storage Systems

The new rules mandate audits, fire safety systems, and design standards The government has notified the Central Electricity Authority (Measures relating to Safety and Electric Supply) Amendment Regulations, 2026, introducing a comprehensive safety...

April 2, 2026

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Bihar Expands Time-of-Day Tariffs Applicability in FY 2027

The Bihar Electricity Regulatory Commission (BERC) has largely retained retail electricity tariffs across consumer categories for the financial year (FY) 2026-27, while introducing targeted reductions and structural changes as part of a broader...

April 2, 2026

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NTPC to Invest ₹58 Billion in 4.7 GWh Battery Energy Storage System

NTPC has approved an investment proposal for a 4.7 GWh battery energy storage system (BESS) with an estimated project cost of ₹58.22 billion (~$623.22 million). Recently, NTPC announced the winners of its auction to set up 2,334 MWh of BESS at its...

April 2, 2026

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Montecarlo Wins PFC Consulting’s Auction to Evacuate 7 GW Solar Power

Ahmedabad-based infrastructure development company Montecarlo has won PFC Consulting’s auction to set up an intrastate transmission system to evacuate 7 GW of solar power from Dharashiv and Beed districts in Maharashtra. The company quoted annual...

April 2, 2026

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SECI Invites Bids for Short-Term Supply of 80 MW Firm Power Under Open Access

The Solar Energy Corporation of India (SECI) has invited bids for the supply of 80 MW of firm power on a short-term basis under open access. The last date to submit bids is April 8, 2026.  Bids will be opened on April 13. Bidders may offer a mix of...

April 2, 2026

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GERC Issues Consultancy Tender for Resource Adequacy Planning

Gujarat Electricity Regulatory Commission (GERC) has issued a request for proposal to provide consultancy support for regulatory assignments related to the Resource Adequacy Framework. Bids must be submitted by April 15, 2026. Selected bidders must...

April 2, 2026

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