Mercom Research Focus
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Market Leaders in India’s Solar Sector in 2025

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the increasing competitiveness of the industry, according to Mercom ...

April 2, 2026

Renewable Energy

MNRE Approves 500 MW Pilot CfD Program for Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of India (SECI) designated as the nodal agency. Under the approved...

April 1, 2026

Market & Policy

Supreme Court Backs Maharashtra on Ending Power Duty Exemptions

The Supreme Court has upheld the Maharashtra government’s authority to withdraw or modify electricity duty exemptions granted to captive power generators, while directing that such withdrawal can take effect only after a reasonabl...

April 2, 2026

Markets & Policy

CERC Notifies Phased Move to Schedule-Based Deviation for Wind, Solar Under DSM

The Central Electricity Regulatory Commission (CERC) has determined the value of “X” for computing deviation by wind and solar sellers under the Deviation Settlement Mechanism (DSM) Regulations, 2024. The revised framework will co...

April 1, 2026

Latest News

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Montecarlo Wins PFC Consulting’s Auction to Evacuate 7 GW Solar Power

Ahmedabad-based infrastructure development company Montecarlo has won PFC Consulting’s auction to set up an intrastate transmission system to evacuate 7 GW of solar power from Dharashiv and Beed districts in Maharashtra. The company quoted annual...

April 2, 2026

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SECI Invites Bids for Short-Term Supply of 80 MW Firm Power Under Open Access

The Solar Energy Corporation of India (SECI) has invited bids for the supply of 80 MW of firm power on a short-term basis under open access. The last date to submit bids is April 8, 2026.  Bids will be opened on April 13. Bidders may offer a mix of...

April 2, 2026

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GERC Issues Consultancy Tender for Resource Adequacy Planning

Gujarat Electricity Regulatory Commission (GERC) has issued a request for proposal to provide consultancy support for regulatory assignments related to the Resource Adequacy Framework. Bids must be submitted by April 15, 2026. Selected bidders must...

April 2, 2026

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Daily News Wrap-Up: MNRE Approves Renewable Energy CfD Pilot

The Ministry of New and Renewable Energy (MNRE) approved a pilot Contracts for Difference (CfD) program for renewable energy, with the Solar Energy Corporation of India (SECI) designated as the nodal agency. Under the approved framework, SECI will...

April 2, 2026

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West Bengal Invites Bids for 2 GWh Battery Storage Systems

West Bengal’s Department of Power has invited bids to set up 500 MW/2,000 MWh standalone battery storage systems. The tender has been issued on behalf of the West Bengal State Electricity Distribution Company (WBSEDCL). The last date to submit bids...

April 2, 2026

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SMA Solar’s Revenue Remains Flat for 2025 Amid Muted Market Demand

Germany-based solar energy equipment supplier SMA Solar Technology has reported revenue of €1.52 billion (~$1.75 billion) for 2025, a 0.9% year-over-year (YoY) decline from €1.53 billion (~$1.76 billion) in 2024. The Large Scale and Project...

April 2, 2026

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HPERC Rejects Calls to Relax Deviation Limits, Upholds Existing Framework

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has notified the Deviation Settlement Mechanism (DSM) (Third Amendment) Regulations, 2026, which retain the proposed volume limits for buyers and align them with the Central Electricity...

April 1, 2026

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Northern Railways Floats Tender for 2 MW Solar Projects in Punjab

Northern Railways has issued a tender to set up 2,150 kW of grid-connected solar projects with net metering at station/service buildings of its Firozpur division in Punjab. The tender has an advertised value of ₹110.53 million (~$1.2 million). Bids...

April 1, 2026

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