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Solar91, Nithin Sai, Ravindra Energy Among Winners of HESCOM’s 483 MW Solar Auction

Thirty companies have won Hubballi Electricity Supply Company’s (HESCOM) auction to commission 80 solar power projects totaling 423.7 MW, along with their associated 11 kV lines and remote monitoring systems under the RESCO ...

January 13, 2026

Mercom Research Focus

Is Aggressive Bidding Distorting the Economics of Energy Storage Projects in India?

Only 50% of the standalone battery energy storage system (BESS) projects evaluated in a new industry survey showed positive project economics and economic viability under modeled assumptions, highlighting the continuing cost chall...

January 13, 2026

Mercom Research Focus

KUSUM Projects in Maharashtra Delayed as Land Leasing Costs Soar

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing high land-leasing costs and delays in project execution. The iss...

January 6, 2026

Markets & Policy

MNRE Extends Timelines for Renewable Energy Projects Hit by GIB Case

In a major relief for the renewable energy sector, the Ministry of New and Renewable Energy (MNRE) has approved time extensions for projects delayed due to the prolonged case in the Supreme Court over power transmission lines in t...

January 13, 2026

Latest News

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Higher Loan Disbursements Take IREDA’s Revenue Up 25% in Q3 FY 2026

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported revenue from operations of ₹21.3 billion (~$236.2 million) in the third quarter (Q3) of the financial year (FY) 2026, a 25% year-over-year (YoY) rise from ₹16.98...

January 13, 2026

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Uttar Pradesh Commission Approves Procurement of 1.2 GW of Renewable Power

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the procurement of 1.2 GW of firm and dispatchable renewable power by Uttar Pradesh Power Corporation (UPPCL) through a long-term power sale agreement (PSA) with SJVN. The...

January 13, 2026

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Rajasthan Regulator Adopts Tariff for RVUNL’s 1 GW/2 GWh BESS Projects

The Rajasthan Electricity Regulatory Commission (RERC) has approved the tariff discovered through competitive bidding for setting up 1,000 MW/2,000 MWh of standalone battery energy storage systems (BESS). The approved tariffs range between ₹177,500...

January 13, 2026

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NLC India Approves Plan to List Renewable Energy Subsidiary NIRL

NLC India has approved the listing of its wholly-owned subsidiary, NLC India Renewables (NRIL), on the stock exchanges through the sale of up to 25% of its equity. The NLC board’s in-principle approval of the listing proposal will be communicated to...

January 13, 2026

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Himachal Pradesh to Install Rooftop Solar Systems at Health Institutions

The Himachal Pradesh government has decided to install rooftop solar systems on buildings at all state health institutions as part of a broader renewable energy push. The rooftop solar systems will be installed in phases to promote green energy and...

January 13, 2026

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Daily News Wrap-Up: BEE Notifies Draft Guidelines for RCO Compliance

The Bureau of Energy Efficiency (BEE) issued the draft operational procedure for designated consumers to comply with renewable consumption obligations (RCO). In September 2025, the Ministry of Power prescribed an RCO for designated consumers to...

January 13, 2026

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