The Central Electricity Regulatory Commission (CERC) has approved tariffs ranging from ₹3.43 (~$0.04)/kWh to ₹3.46 (~$0.04)/kWh for NTPC’s 1 GW interstate transmission system (ISTS)-connected wind-solar hybrid power projects. The Commission rejected...

The Central Electricity Regulatory Commission (CERC) has determined an interim tariff of ₹3.62 (~$0.042)/kWh for Damodar Valley Corporation’s (DVC) 8 MW solar project at Panchet, West Bengal. DVC had requested approval for a tariff of ₹3.92 (~$0....

The Reserve Bank of India (RBI) has increased the lending limit for the renewable energy sector in its new guidelines for priority sector lending, set to take effect from April 1, 2025. As per the revised guidelines, the limit of bank loans has been...

Green transition-focused non-banking finance company Ecofy Finance has secured a $12.5 million (~₹1.07 billion) long-term loan from Denmark government’s Investment Fund for Developing Countries (IFU). Ecofy will utilize the funds to expand its loan...

REC Power Development and Consultancy (RECPDCL) has invited bids for developing an interstate transmission system (ISTS) to evacuate 2,500 MW of renewable energy in Madhya Pradesh. The project aims to facilitate power evacuation from renewable...

Rajasthan Electricity Regulatory Commission (RERC) approved a pre-determined levelized tariff of ₹3.04 (~$0.036)/kWh for 5,000 MW solar capacity under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM). This...

The Maharashtra Electricity Regulatory Commission approved the Maharashtra State Electricity Distribution Company’s (MSEDCL) petition to procure 250 MW/500 MWh battery storage capacity with an additional 500 MW/1,000 MWh greenshoe capacity at a...

NTPC has floated a tender for setting up a hydrogen refueling station for the Green Hydrogen Mobility Project in Bhubaneswar, Odisha, under the engineering, procurement, and construction (EPC) mode. Bids must be submitted by March 27, 2025. Bids...

Interstate transmission system (ISTS) developers must pay 60% of the land value for municipal corporations and metropolitan area land parcels as compensation for the right-of-way (RoW). The Ministry of Power has issued supplementary guidelines for...