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Easing Group Captive Power Norms May Boost C&I Participation

The Ministry of Power’s (MoP) relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual proportionality requirement, have raised hopes of increased open a...

March 17, 2026

Mercom Research Focus

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

Latest News

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Exicom Commissions EV Charger Manufacturing Plant in Hyderabad

Gurugram-headquartered electric vehicle (EV) charger manufacturer, Exicom Tele-systems (Exicom), has commissioned an integrated manufacturing facility in Hyderabad to expand its EV charging and critical power solutions. The facility was built with...

March 17, 2026

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Ecofy Raises ₹3.8 Billion to Expand Retail Green Finance in India

Ecofy, a non-banking financial company backed by Eversource Capital, has raised ₹3.8 billion (~$41.1 million) in fresh equity capital to expand its retail-focused green finance operations in India. The funding round saw participation from British...

March 17, 2026

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POWERGRID Invites Bids to Select Partner for 5 GW ISTS Project in Visakhapatnam

Power Grid Corporation of India (POWERGRID) has invited bids to select a consortium partner to set up an interstate transmission (ISTS) project to evacuate 5 GW of power from green hydrogen/green ammonia projects proposed in Andhra Pradesh’s...

March 17, 2026

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ReNew Offloads 11% Stake in C&I Arm for $95 Million

A consortium of three investors led by LeapFrog Investments, Emerging Market Climate Action Fund, and Carlyle AlpInvest has picked up a combined stake of approximately 11.3% in ReNew Green Energy Solutions, the commercial and industrial (C&I)...

March 17, 2026

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KPI Green Secures ₹9.79 Billion Loan for 150 MW Wind Project in Gujarat

Surat-based renewable energy solutions company KPI Green Energy has secured ₹9.79 billion (~$105.99 million),  comprising a ₹9.31 billion (~$100.81 million) term loan and a ₹480 million (~$5.19 million) bank guarantee facility, from Canara Bank to...

March 17, 2026

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ANDRITZ Wins Order for Tata Power’s 1 GW Bhivpuri Pumped Storage Project

Austria-based international technology group ANDRITZ has secured an order from Tata Power to supply key equipment for the 1,000-MW Bhivpuri pumped storage project in Maharashtra. The company did not disclose the value of the contract but said it was...

March 17, 2026

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CERC Proposes Grid Congestion Charges of ₹3-₹10/kWh

The Central Electricity Regulatory Commission (CERC) has proposed revising the methodology for determining congestion charges in real-time interstate transmission. The Commission has invited comments and suggestions from stakeholders by April 6,...

March 17, 2026

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Bihar Approves ₹3.02/kWh Interim Tariff for Kajra Solar Plus Storage Project

The Bihar Electricity Regulatory Commission (BERC) has approved a provisional tariff of ₹3.02 (~$0.033)/kWh for Bihar State Power Generation Company’s (BSPGCL) 185 MW Kajra solar project with a 282 MWh battery energy storage system (BESS). Citing...

March 17, 2026

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Chidambaranar Port Authority Tenders a 2 MW Green Hydrogen Electrolyzer Project

V.O. Chidambaranar Port Authority (VOCPA) has invited bids to develop a 2 MW green hydrogen electrolyzer and a refueling station, with comprehensive operation and maintenance (O&M) for seven years. The scope of work includes the development of a...

March 17, 2026

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Reliance Signs $3 Billion Deal to Supply Green Ammonia to Samsung for 15 Years

Reliance Industries (RIL) has signed a long-term supply and purchase agreement valued at over $3 billion with South Korea’s Samsung C&T Corporation to provide green ammonia for 15 years, starting from the second half of the financial year (FY)...

March 17, 2026

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