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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

European Union’s CBAM Puts a Carbon Cost On India’s Exports

The European Union (EU) has begun implementing the definitive phase of its Carbon Border Adjustment Mechanism (CBAM), a policy that will attach a carbon-linked cost to imports of carbon-intensive goods such as iron and steel, alum...

January 7, 2026

Markets & Policy

MERC Rules Rooftop Solar Net Metering Can Continue with Open Access

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to permit net metering for Hatsun Agro Products’ rooftop solar system, even while the peti...

January 5, 2026

Markets & Policy

Government Proposes Changes to Captive Power Rules to Ease Compliance

The Ministry of Power has proposed amendments to the Electricity Rules 2005 to simplify the regulatory framework for captive power generation. Under the existing rules, a power project qualifies as a captive generating project onl...

January 5, 2026

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Project Finance Brief: Serengeti Energy Secures $26 Million Financing for the Ilute Solar Project

From: Mercom Capital Group Serengeti Energy, an independent renewable power producer, closed $26 million in project financing from a syndicate of lenders for the development of the 32 MWp Ilute solar project located in Western Zambia. The financing...

January 7, 2026

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Daily News Wrap-Up: High Land Lease Costs Affect Maharashtra KUSUM Projects

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 issue of higher land...

January 7, 2026

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IEX’s Traded Electricity Volume Up 12% in Q3 FY 2026

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 34.08 billion units (BU) during the third quarter (Q3) of the financial year (FY) 2026, an 11.9% year-over-year (YoY) increase. In December 2025, the exchange traded 11.44...

January 7, 2026

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Bondada Engineering Commissions 120 MW of Solar Projects

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction (EPC) company, successfully commissioned 120.46 MW of solar projects in December 2025 for Paradigm IT, Maharashtra State Power Generation Company, and NLC India. The...

January 6, 2026

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Juniper Green Raises ₹20 Billion Debt Funding for Renewable Energy Projects

Independent power producer Juniper Green Energy has secured ₹20.39 billion (~$245.7 million) in debt financing from a consortium of domestic and global financial institutions to fund the development of its upcoming renewable energy projects. The...

January 6, 2026

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Government Proposes Aadhaar Style ID to Enable End-to-End Battery Traceability

The Ministry of Road Transport and Highways (MoRTH) has released draft guidelines for implementing the battery pack Aadhaar system, a nationwide digital identification framework designed to ensure end-to-end traceability of battery packs throughout...

January 6, 2026

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Oriana Power to Raise ₹750 Million Through Issue of Debentures

Oriana Power has approved the issue and allotment of non-convertible debentures (NCD) aggregating to ₹750 million (~$9.04 million). The company will issue 7,500 rated, unlisted, senior, secured, redeemable, and transferable NCDs, each having a face...

January 6, 2026

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Punjab Floats Tender to Procure 500 MW Solar Power

Punjab State Power Corporation (PSPCL) has invited bids to procure 500 MW of solar power from projects located anywhere in the country on a long-term basis. The last date to submit the bids is February 16, 2026. Bids will be opened on February 18,...

January 6, 2026

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