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Torrent Green Energy Wins SECI’s 600 MW Wind Auction

Torrent Green Energy (Torrent Power) has won Solar Energy Corporation of India’s (SECI) auction to set up 600 MW interstate transmission system (ISTS)-connected wind power projects under Tranche XVIII. Torrent has won 300 MW at a ...

June 13, 2025

Mercom Research Focus

Average Cost of Large-Scale Solar Projects Rose Marginally in Q1 2025

Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s  Q1 2025 India Solar Market Update, average project costs rose 3% quarter-over-quarter (QoQ) and 1% year-over-year (YoY)....

June 12, 2025

Markets & Policy

Renewable Energy Sector Cheers RBI Interest Rate Cut, Expects Lending Boost

The Reserve Bank of India’s (RBI) recent decision to cut interest rates by 50 basis points has brought cheer to the renewable energy sector, with stakeholders describing the announcement as a significant tailwind. Industry insider...

June 11, 2025

Solar

SEPC Bags 133 MW Solar EPC Contract in Maharashtra

Solar engineering, procurement, and construction (EPC) firm SEPC received a letter of award from Parmeshi Urja for the EPC of 133 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabh...

June 12, 2025

Latest News

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CERC Approves Tariffs for SECI’s 600 MW Wind-Solar Hybrid Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.25 (~$0.037)/kWh and ₹3.26 (~$0.038)/kWh for Solar Energy Corporation of India’s (SECI) 600 MW interstate transmission system-connected wind-solar hybrid power projects...

June 13, 2025

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MNRE Issues Guidelines for Installation of Prototype Wind Turbines 

The Ministry of New and Renewable Energy (MNRE) has issued guidelines setting the validity of the prototype certificate for wind turbine at three years. The guidelines include a framework for installing prototype wind turbine models. They will apply...

June 13, 2025

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Rajasthan Issues Draft Intrastate Transmission System Connectivity Regulations

The Rajasthan Electricity Regulatory Commission (RERC) has issued a draft procedure for granting connectivity to the intrastate transmission system. The procedure, which governs access to the intrastate transmission system at 33 kV and above,...

June 13, 2025

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ANERT Invites Proposals for Green Energy Demonstration Projects

Kerala’s Agency for New and Renewable Energy Research and Technology (ANERT) has invited expressions of interest for demonstration projects in green hydrogen, smart energy, and industrial decarbonization. Bids must be submitted by June 18, 2025....

June 13, 2025

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Daily News Wrap-Up: Utility Solar Project Costs Up Slightly in Q1 2025

Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s Q1 2025 India Solar Market Update, average project costs rose 3% quarter-over-quarter and 1% year-over-year. The average selling price of...

June 13, 2025

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SECI Tenders 2 GW Solar Projects with 4 GWh Energy Storage Systems

The Solar Energy Corporation of India (SECI) has issued a request for selection to set up 2,000 MW interstate transmission system (ISTS)-connected solar projects, along with 1,000 MW/4,000 MWh energy storage systems (ESS). Bids must be submitted by...

June 13, 2025

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Power Ministry Proposes Sale, Lease, Renting of Energy Storage Systems

The Ministry of Power (MoP) has proposed an amendment to the Electricity Rules 2025 to permit the sale, lease, and renting of energy storage systems (ESS). The Ministry invited comments on the draft amendment from stakeholders to be sent by July 10,...

June 12, 2025

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NHPC Issues Tender for 2.5 MW Rooftop Solar Projects in Nagaland

NHPC has issued a request for proposal for setting up 2.56 MW rooftop solar projects at various government buildings in Nagaland. Bids must be submitted by July 11, 2025. Bids will be opened on July 13. Bidders must furnish an earnest money deposit...

June 12, 2025

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NTPC Raises $750 Million via External Commercial Borrowing

NTPC has raised an unsecured $750 million via an external commercial borrowing syndicated term loan facility. This loan will include a base issue of $500 million and a greenshoe option of $250 million, with a door-to-door tenor of 10 years and an...

June 12, 2025

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