Archive

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Bacancy Secures ₹400 Million to Expand EV and Railway Electronics Business

Gujarat-based embedded electronics and power systems company Bacancy Systems has raised ₹400 million (~$4.24 million) in a Series A funding round led by Sabre Partners...

March 31, 2026

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Rakesh Ranjan

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Electric Vehicles

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Market & Policy
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Maharashtra Sets ₹2.82/kWh Tariff for Surplus Rooftop Solar Power in FY 2027

The Maharashtra Electricity Regulatory Commission (MERC)  has approved a generic tariff of ₹2.82 (~$0.030)/kWh for surplus rooftop solar power, along with variable...

March 31, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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NTPC Announces 2.3 GWh Energy Storage Auction Winners

G R Infraprojects,  Enviro Infra Engineers, Solarworld Energy Solutions, NTPC GE Power Services, Pace Digitek, and Enrich Energy have won NTPC’s auction to set up 2,334...

March 31, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Daily News Wrap-Up: MNRE Extends Time for KUSUM Projects’ Financial Closure

The Ministry of New and Renewable Energy (MNRE) extended timelines for financial closure and commissioning of certain projects under the Pradhan Mantri Kisan Urja...

March 31, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Coal India, Sarus Infra Win TGGENCO’s 1.5 GWh Battery Storage Systems Auction

Coal India and Sarus Infrastructures have won the Telangana Power Generation Corporation (TGGENCO) auction to set up 375 MW/1,500 MWh standalone battery storage systems....

March 31, 2026

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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NTPC Group Adds 180 MW Solar Capacity at Bhadla and Khavda Projects

NTPC Renewable Energy (NREL), a wholly-owned subsidiary of NTPC Green Energy (NGEL), has announced the commercial operation of 180 MW of solar capacity across two...

March 31, 2026

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Meghana Prasad

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Markets & Policy

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Solar

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Utility Scale
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Germany Invites Bids for 2.5 GW Onshore Wind, 475 MW Innovation Projects

Germany’s Federal Network Agency (Bundesnetzagentur) has invited bids for 2.5 GW of onshore wind power projects and 475 MW of renewable energy projects under the...

March 31, 2026

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Melvin Mathew

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Tenders & Auctions

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Wind
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MoP Invokes Emergency Clause to Boost Coal Power Output Amid Demand Surge

The government has begun invoking emergency powers under Section 11 of the Electricity Act to direct coal-based thermal power plants to increase generation, given the...

March 31, 2026

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B.S. Nagaraj

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Markets & Policy

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Other Energy
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Global PV Equipment Market to Reach $43.8 billion by 2035: Report

The global solar industry is entering a decisive expansion phase, with photovoltaic (PV) manufacturing equipment investments projected to reach $250-$300 billion by 2035,...

March 31, 2026

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Arjun Joshi

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Manufacturing

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Solar
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Southern Railway Floats Tender for 40 MW Solar Projects in Tamil Nadu

Southern Railway has invited bids to set up solar projects with a cumulative capacity of 40 MW at Chennai, Salem, and Tiruchirappalli divisions in Tamil Nadu. Bids must...

March 30, 2026

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Meghana Prasad

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Solar

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Tenders & Auctions
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Rajasthan Adopts MoP’s Renewable Consumption Obligation Framework

The Rajasthan Electricity Regulatory Commission (RERC) has adopted the renewable consumption obligation (RCO) framework notified by the Ministry of Power (MoP). The...

March 30, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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Premier Energies Commissions 5.6 GW Solar Module Manufacturing Plant

Premier Energies Global Environment, a subsidiary of Premier Energies, has commissioned a 5.6 GW G12 R TOPCon solar module manufacturing facility in Seetharampur, Ranga...

March 30, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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Telangana Increases Transmission Tariffs, Wheeling, and SLDC Charges for FY 2027

The Telangana Electricity Regulatory Commission (TGERC) has increased the power transmission tariffs, wheeling charges, and the State Load Despatch Center (SLDC) charges...

March 30, 2026

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Rakesh Ranjan

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Markets & Policy

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Open Access
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GFCL EV Raises $80 Million to Scale Battery Materials Manufacturing

Gujarat Fluorochemicals (GFL) has announced that its subsidiary GFCL EV Products has raised approximately $80 million from an unnamed global investor, in addition to the...

March 30, 2026

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Meghana Prasad

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Energy Storage

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Finance and M&A
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Rajasthan Aligns State Framework with Centre’s Revised Captive Power Rules

The Rajasthan Electricity Regulatory Commission (RERC) has moved to align the state’s captive power framework with the Central Government’s newly notified Electricity...

March 30, 2026

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Arjun Joshi

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Markets & Policy

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Open Access

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Other

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