Archive

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Mufin Green Finance Raises ₹3.24 Billion Via Share Sale

Mufin Green Finance, a non-banking financial company focused on financing sustainable assets, has raised ₹3.24 billion (~$35.22 million) through the preferential...

March 11, 2026

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Parth Shukla

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Finance and M&A

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Other
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Telangana Sets ₹0.13/kWh Additional Surcharge for Open Access Consumers

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...

March 11, 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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TNERC Adopts Tariff for Two 15 MW Solar Plus 45 MWh Battery Storage Projects

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...

March 11, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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Privi Speciality Chemicals to Procure Power from 16.6 MW Solar Project

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...

March 11, 2026

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Meghana Prasad

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Open Access

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Solar
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Karnataka High Court Stays 2 GW Sharavathy Pumped Storage Project

The Karnataka High Court has issued an interim order stopping activities related to the construction of the 2 GW Sharavathy pumped storage project (PSP) in Karnataka....

March 11, 2026

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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West Bengal Invites Bids for O&M of 8 MW Rooftop Solar Projects

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...

March 11, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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PM KUSUM 2.0 to Have 10 GW Agrivoltaics Component: Pralhad Joshi

The second phase of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) will include a 10 GW agrivoltaics component to promote the colocation of...

March 11, 2026

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Meghana Prasad

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Markets & Policy

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Solar
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Rajasthan Proposes Amending Renewable Purchase Obligation Rules

The Rajasthan Electricity Regulatory Commission (RERC) has issued draft amendments to its Renewable Purchase Obligation (RPO) Regulations, 2023, proposing changes to...

March 11, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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GREW Solar Bags Solar Module Supply Order Worth ₹5 Billion

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....

March 11, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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Punjab Regulator Rejects Utility’s Move to Procure 2,200 MW Solar Power

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...

March 11, 2026

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: India’s Solar Open Access Market Declined in Q4 2025

India’s solar open access market witnessed a slowdown in the fourth quarter (Q4) of 2025, with regulatory changes, tariff structuring, and grid constraints affecting...

March 11, 2026

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Mercom Staff

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Daily Wrap-up
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SECI Invites Bids for Supply of Power from 1 GW RTC-TM Projects

The Solar Energy Corporation of India (SECI) has invited bids to supply 1 GW of round-the-clock thermal mimic (RTC-TM) power from interstate transmission system...

March 11, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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Project Finance Brief: Origis Secures $545 Million Solar Project Portfolio

From: Mercom Capital Group Origis Energy, a renewable energy platform, reached financial close on an approximately $545 million senior secured project financing with...

March 11, 2026

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Staff

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Finance and M&A

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Other
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Punjab Invites Bids for 500 MW/1,000 MWh Standalone Battery Storage Systems

Punjab State Power Corporation (PSPCL) has invited bids to set up 500 MW/1,000 MWh battery energy storage systems in Mohali and Jalandhar. The last date to submit bids...

March 11, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Waaree Secures EPC Order for 300 MW Solar Project

Waaree Renewable Technologies (WRTL), the engineering, procurement, and construction (EPC) arm of the Waaree Group, has won an EPC contract to execute a 300 MW...

March 11, 2026

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Parth Shukla

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Press Releases

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Solar

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