The Ministry of Finance has permitted the use of insurance surety bonds as an alternative to bank guarantees for both bid and performance security under the standard bidding guidelines for power projects. These projects include solar, wind, hybrid,...

From: Mercom Capital Group EnerVenue Holdings, a company that develops metal-hydrogen batteries, announced the closing of a $300 million extension of its Series B preferred stock financing round. The funding will help accelerate the company’s...

Adani Green Energy, NTPC Green Energy, SJVN Green Energy, Megha Engineering and Infrastructure, and Gentari Renewables emerged as the top utility-scale solar project developers in India for 2025, according to Mercom’s India Solar Market Leaderboard...

From: Mercom Capital Group Dimension Energy, a community solar developer, owner, and operator, secured $650 million in construction and term financing to support a portfolio of 25 community solar projects with a combined capacity of 132 MW in...

NTPC Renewable Energy (NTPC REL) has invited bids for the engineering, procurement, and construction (EPC) of 900 MW (3 X 300 MW) solar projects at Mandsaur, Madhya Pradesh. The last day to submit the bids is May 8, 2026. Bids will be opened on the...

Aroma Solar, the renewable energy subsidiary of agricultural exporter Aroma Agrotech, has commenced operations at its 1.2 GW solar module manufacturing facility in Karnal, Haryana. The facility has begun producing TOPCon solar modules in the 620 W...

Mumbai-headquartered renewable energy solutions provider Clean Max Enviro Energy Solutions (CleanMax) has commissioned a 185 MW wind-solar hybrid power project in Kalavad, Gujarat. The project will supply renewable energy to 17 corporate customers,...

Power Grid Corporation of India (POWERGRID) has invited bids for a pre-bid tie-up to set up a ±800 kV high-voltage direct current (HVDC) transmission line package connecting the Barmer-II HVDC terminal in Rajasthan and the South Kalamb HVDC terminal...

The Ministry of New and Renewable Energy (MNRE) has introduced an additional provision under the ‘Give It UP’ option, allowing consumers to forgo Central Financial Assistance (CFA) without a Domestic Content Requirement (DCR) certificate under the...

The Telangana Electricity Regulatory Commission (TGERC) has retained the existing retail electricity tariff structure for the financial year (FY) 2026–27, while revising key components, including the cross-subsidy surcharge, additional surcharge,...