Archive

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Transrail Proposes Raising ₹6 Billion Through QIP

The board of Mumbai-based Transrail Lighting, an engineering, procurement, and construction (EPC) company focused on power transmission and distribution infrastructure,...

July 29, 2026

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Parth Shukla

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Finance and M&A

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Grid
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MahaGenco REL Invites EoIs for Green Hydrogen and Ammonia Offtake

Mahagenco Renewable Energy (MahaGenco REL), a wholly owned subsidiary of Maharashtra State Power Generation Company, has invited expressions of interest for offtake of...

July 29, 2026

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Melvin Mathew

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Renewable Energy

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Tenders and Auctions
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MNRE Allows DISCOMs to Use Surya Ghar Funds for Energy Storage Projects

The Ministry of New and Renewable Energy (MNRE) has said distribution companies (DISCOMs) may use funds remaining with them under the ‘Incentives to DISCOMs’ component...

July 29, 2026

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Melvin Mathew

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Markets & Policy

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Rooftop

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Solar
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UERC Rejects Plea to Restore Benchmark Charge for Battery Storage Projects

The Uttarakhand Electricity Regulatory Commission (UERC) has rejected Uttarakhand Jal Vidyut Nigam’s (UJVN) petition seeking restoration of the earlier benchmark...

July 29, 2026

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Melvin Mathew

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Energy Storage

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Market & Policy
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MNRE Flags Complaints Over Incorrect Rooftop Solar Billing by DISCOMs

The Ministry of New and Renewable Energy (MNRE) said it has received several complaints about incorrect electricity bills issued by distribution companies (DISCOMs)...

July 29, 2026

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Parth Shukla

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Markets & Policy

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Rooftop

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Solar
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ACME Solar Secures ₹34 Billion Financing for 250 MW FDRE Project

Gurgaon-based independent power producer ACME Solar Holdings has secured a ₹34.05 billion (~$356 million) long-term project financing loan from Power Finance Corporation...

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MNRE Advises DISCOMs to Allow 10% DC Capacity Tolerance for Rooftop Solar

The Ministry of New and Renewable Energy (MNRE) has issued an advisory to distribution companies (DISCOMs) and electricity departments recommending that they allow a...

July 29, 2026

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Arjun Joshi

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Markets & Policy

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Rooftop

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Solar
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Domestic Solar Component Manufacturing is Ramping Up Fast: Interview

India has made significant headway in expanding its solar module and cell manufacturing capacities over the years. However, a globally competitive manufacturing...

July 29, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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ADB Approves $850 Million Loan to Speed Up PM Surya Ghar Rollout

The Asian Development Bank (ADB) has approved an $850 million loan to support reforms which will fast-track the rollout of the Indian government’s flagship rooftop...

July 29, 2026

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Staff

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Finance and M&A

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Rooftop

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Solar
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India’s Renewable Energy Sector Attracts $3 Billion in FDI in FY 2026

India’s renewable energy sector attracted foreign direct investment (FDI) inflows of $3.02 billion (~₹264.12 billion) during the financial year (FY) 2026. Although this...

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Maharashtra Invites EOIs for 200 MW Floating Solar, Battery Storage Project

The Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EOIs) for the development, operation, maintenance, and management...

July 29, 2026

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Arjun Joshi

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Energy Storage

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Solar

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Tenders & Auctions
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Tata Power’s Ingot, Wafer Plans on Track; Q1 Revenue Rises 8%

Tata Power reported revenue of ₹188.98 billion (~$2 billion) in the first quarter (Q1) of the financial year (FY) 2027, an 8.2% year-over-year (YoY) increase from ₹174....

July 29, 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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India Curtailed 8.13 TWh of Solar Power in Q2 2026 to Maintain Grid Security

India curtailed 8,133 GWh of solar power during the second quarter of 2026 to maintain grid security, according to the Ministry of New and Renewable Energy. Responding...

July 29, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Daily News Wrap-Up: KSERC Approves 200 MW Solar, 400 MWh Storage Procurement

The Kerala State Electricity Regulatory Commission (KSERC) approved the power sale agreement signed between the Kerala State Electricity Board and the Solar Energy...

July 29, 2026

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Melvin Mathew

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Daily Wrap-up
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Grid Integration and Solar Manufacturing Shape India’s Renewable Policies in Q2

India’s renewable energy landscape continued to evolve in the second quarter (Q2) of 2026, with policy measures placing greater emphasis on grid integration,...

July 29, 2026

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Melvin Mathew

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Market & Policy

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Renewable Energy

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