Mufin Green Finance, a non-banking financial company focused on financing sustainable assets, has raised ₹3.24 billion (~$35.22 million) through the preferential allotment of equity shares and warrants. Mufin Green allotted 24,930,765 fully paid-up...

The Telangana Electricity Regulatory Commission (TGERC) has set an additional surcharge of ₹0.13 (~$0.0014)/kWh on applicable open access consumers for the first half of FY 2026-27, covering the period from April 1, 2026, to September 30, 2026. The...

The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved a tariff of ₹4.47 (~$0.048)/kWh for two 15 MW solar projects integrated with 45 MWh battery energy storage systems in the Karur and Thiruvarur districts. The projects will be...

Mumbai-based Privi Speciality Chemicals will procure power from a 16.60 MW solar project as a captive user by acquiring a 26% equity stake in Radiance MH Eleven, a special purpose vehicle (SPV) of Radiance Renewables, which is developing the project...

West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for the operation and maintenance (O&M) of 8.4 MW of rooftop solar projects on buildings owned by WBSEDCL/West Bengal State Electricity Transmission Company for five...

The Rajasthan Electricity Regulatory Commission (RERC) has issued draft amendments to its Renewable Purchase Obligation (RPO) Regulations, 2023, proposing changes to align the state’s framework with recent central government notifications under the...

Gujarat-based GREW Solar has secured a repeat order worth approximately ₹5 billion from a domestic independent power producer for the supply of M10R TOPCon solar modules. These high-efficiency modules will be deployed across several upcoming...

The Punjab State Electricity Regulatory Commission (PSERC) has rejected Punjab State Power Corporation’s (PSPCL) plea to procure power from 2,200 MW of interstate transmission system (ISTS)-connected solar projects since its landed cost would be...