Archive

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Dalmia Cement to Source 8.1 MW of Wind Power from Ultra Mega Power

Dalmia Cement (Bharat), a wholly owned subsidiary of Dalmia Bharat, has entered into agreements with Ventora Energy, a special purpose vehicle (SPV) of Ultra Mega Power,...

March 23, 2026

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Rakesh Ranjan

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Finance and M&A

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Wind
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ACEN India Secures ₹7.52 Billion for 100 MW Wind Project in Karnataka

ACEN India, a subsidiary of the Philippines-based renewable energy company ACEN Renewables International, has raised ₹7.52 billion (~$80.15 million) from Mitsubishi UFJ...

March 23, 2026

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Rakesh Ranjan

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Finance and M&A

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Wind
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Adani Green Operationalizes 510 MW Renewable Projects in Gujarat

Adani Green Energy (AGEL) has operationalized a total of 510.1 MW of renewable energy projects at Khavda, Gujarat, through its step-down subsidiaries, increasing its...

March 23, 2026

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Parth Shukla

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Press Releases

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Renewable Energy
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RECPDCL Tenders Transmission System to Evacuate 2 GW Pumped Storage Power

REC Power Development and Consultancy (RECPDCL) has invited bids to establish an intra-state transmission system (ISTS) to evacuate power from the proposed 2,000 MW...

March 23, 2026

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Meghana Prasad

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Grid

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Tenders and Auctions
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Daily News Wrap-Up: CEA Allows Type Testing at NABL-Approved Labs

The Central Electricity Authority (CEA) clarified that a manufacturer’s laboratory accredited to the National Accreditation Board for Testing and Calibration...

March 23, 2026

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Mercom Staff

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Daily Wrap-up
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Terra Clean Invites Bids to Develop a 100 MW Wind Project in Gujarat

Terra Clean, an Indian Oil Corporation (IOCL) subsidiary, has invited bids to develop a 100 MW end-to-end intrastate transmission system (InSTS)-connected wind project...

March 23, 2026

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Melvin Mathew

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Tenders & Auctions

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Wind
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MNRE Pushes Maharashtra to Drop ‘Regressive’ Rooftop Solar Capacity Cap

The Ministry of New and Renewable Energy (MNRE) has asked the Maharashtra government to withdraw its recent move to restrict the capacity of rooftop solar systems...

March 23, 2026

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B.S. Nagaraj

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Markets & Policy

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Solar
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MNRE Eyes Bigger Role in Renewable Energy Governance, Distinct from MoP

The Ministry of New and Renewable Energy (MNRE) has called for strengthening its role, considering the rapidly expanding scale and strategic importance of renewables, to...

March 23, 2026

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B.S. Nagaraj

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Markets & Policy

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Renewable Energy
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CEA Allows Type Testing of Power Equipment at Manufacturer’s NABL Labs

The Central Electricity Authority (CEA) has clarified that a manufacturer’s laboratory accredited to the National Accreditation Board for Testing and Calibration...

March 20, 2026

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Melvin Mathew

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Grid

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Market & Policy
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CERC Approves Tariffs for NHPC’s 1.2 GW Wind-Solar Hybrid Power Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.41 (~$0.036)/kWh and ₹3.42 (~$0.037)/kWh for NHPC’s 1.2 GW of interstate transmission...

March 20, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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MHI Invites Bids to Set Up Rare Earth Permanent Magnets Manufacturing

The Ministry of Heavy Industries has invited bids to establish domestic manufacturing capacity for sintered neodymium-iron-boron (NdFeB) rare earth permanent magnets,...

March 20, 2026

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Arjun Joshi

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Manufacturing

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Other

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Tenders & Auctions
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ILJIN Electronics to Raise ₹2.96 Billion from Amber Group Through Rights Issue

Greater Noida-headquartered energy storage solutions provider ILJIN Electronics plans to raise ₹2.96 billion (~$31.79 million) from its parent company, Amber Group,...

March 20, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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PFC to Raise ₹1.6 Trillion from Indian and Global Markets

State-owned lender to the energy sector, Power Finance Corporation’s (PFC) board has approved a plan to borrow up to ₹1.6 trillion (~$17.16 billion) from domestic and...

March 20, 2026

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Rakesh Ranjan

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Finance and M&A

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Other
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SWELECT-FortifyGrid JV to Set Up Solar-Battery Storage Platform in Singapore

Solar module manufacturer SWELECT Energy Systems has announced that its wholly owned subsidiary, SWELECT Energy Systems, Singapore, will enter into a strategic...

March 20, 2026

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Meghana Prasad

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Energy Storage

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Markets & Policy

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Solar
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GAIL Invests ₹130 Million in JV with TruAlt to Develop Biogas Plants

Ethanol producer TruAlt Bioenergy’s subsidiary, Leafiniti Bioenergy, a compressed biogas (CBG) company, has received an investment of ₹130 million (~$1.4 million)...

March 20, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy

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