Mercom Research Focus
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India’s FY 2036 Transmission Plan Hinges on Execution and Site Readiness

India’s transmission infrastructure comprised approximately 509,603 circuit kilometers (ckm) of transmission lines and 1,478 gigavolt-amperes (GVA) of transformation capacity as of June 2026, according to Mercom India Research’s n...

October 8, 2026

Grid

Power Ministry Revises RoW Compensation Rules for Transmission Lines

The Ministry of Power has introduced a market-based valuation mechanism to determine compensation for land affected by right-of-way (RoW) requirements for electricity transmission lines. The guidelines apply to electricity transmi...

October 8, 2026

Finance and M&A

RBI Rate Hike May Increase Renewable Energy Financing Costs

The Reserve Bank of India’s (RBI) decision to raise the repo rate by 25 basis points has raised concerns among renewable energy developers over higher financing costs and their potential impact on project economics. The RBI raised...

October 7, 2026

C&I

Lucknow’s Rooftop Solar, Data Center Growth Could Drive C&I Clean Energy

Lucknow is emerging as a commercial and industrial (C&I) clean energy market, supported by rooftop solar adoption, planned Solar City development, and rising electricity demand from commercial facilities and data centers. As o...

October 8, 2026

Latest News

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Surat Housing Complex Eyes ₹5 Million Annual Savings with Rooftop Solar

Supported by subsidies under the PM Surya Ghar: Muft Bijli Yojana, rooftop solar adoption in India has gained significant momentum, particularly in the residential segment, as households increasingly turn to solar power to reduce electricity costs....

October 9, 2026

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POWERGRID Commissions Project to Evacuate 2.5 GW Solar Energy in Karnataka

The Power Grid Corporation of India (POWERGRID) has commissioned the transmission project for the 2,500 MW solar energy zone in Bidar, Karnataka, on October 5, 2026. The project was entrusted to POWERGRID Bidar Transmission, a wholly owned...

October 9, 2026

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RECPDCL Invited Bids for Rooftop Solar Projects at ICAR Institutes

REC Power Development and Consultancy (RECPDCL) has invited bids for engineering, procurement, and construction (EPC) of grid-connected rooftop solar projects at Indian Council of Agricultural Research (ICAR) Institutes under the PM Surya Ghar Muft...

October 9, 2026

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MNRE Adds 402 MW of Solar Cell Capacity to ALMM, Total Nears 38 GW

The Ministry of New and Renewable Energy (MNRE) has added 402 MW of solar cell manufacturing capacity to the Approved List of Models and Manufacturers (ALMM) List-II, taking the total enlisted capacity to 37.8 GW. The latest update includes 402 MW...

October 9, 2026

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Bihar Proposes 500 kW Cap for Rooftop Solar Net Metering

The Bihar Electricity Regulatory Commission (BERC) has proposed amendments to its rooftop solar regulations, limiting the capacity of net metering systems to up to 500 kW and revising the compensation mechanism for surplus electricity injected into...

October 9, 2026

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Soleos Energy Files Draft Papers for Initial Public Offering

Ahmedabad-based renewable energy solutions provider Soleos Energy has filed a draft red herring prospectus (DRHP) for an initial public offering (IPO). The IPO will comprise a fresh issue of up to 11 million equity shares and an offer for sale of up...

October 9, 2026

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Daily News Wrap-Up: India’s Transmission Plan Faces Execution Test

India’s transmission infrastructure comprised approximately 509,603 circuit kilometers of transmission lines and 1,478 gigavolt-amperes of transformation capacity as of June 2026, according to Mercom India Research’s State of Transmission...

October 9, 2026

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EU Solar-Storage Jobs Near 1 Million Mark, Manufacturing Employment Dips

The European Union’s (EU) solar and battery energy storage sectors supported approximately 982,000 full-time equivalent (FTE) jobs in 2025, driven by continued solar installations and growing battery storage deployment, according to SolarPower...

October 9, 2026

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PetroGreen Subsidiaries Secure $20 Million for 40 MW Solar Project

PetroGreen Energy Corporation (PGEC), the renewable energy arm of publicly listed PetroEnergy Resources Corporation, through its subsidiaries Rizal Green Energy Corporation (RGEC) and BKS Green Energy (BKS), has signed an Omnibus Loan and Security...

October 9, 2026

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Fengate Asset Management Closes Acquisition of Accelergen Energy

Fengate Asset Management, an infrastructure investment manager, has closed its acquisition of Accelergen Energy through Fengate Infrastructure Fund V and its affiliated entities. The acquisition includes a portfolio of seven utility-scale...

October 8, 2026

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