Archive

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Torrent Power Issues Non-Convertible Debentures Worth ₹20 Billion

Gujarat-based Torrent Power has raised ₹20 billion (~$216.58 million) through private placement of secured, non-convertible debentures (NCDs). The debenture issue...

March 10, 2026

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Melvin Mathew

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Finance and M&A

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Grid
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Punjab Cuts Power Tariffs for FY 2027 as ₹78.5 Billion Surplus Emerges

The Punjab State Electricity Regulatory Commission (PSERC) has reduced electricity tariffs across consumer categories for the financial year (FY) 2026-27 after...

March 10, 2026

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Meghana Prasad

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Grid

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Market & Policy
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C&I Consumers a Key Driver of India’s Renewable Growth

India’s commercial and industrial (C&I) consumers have emerged as one of the most important drivers of renewable energy adoption in the country. As companies seek to...

March 10, 2026

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Rakesh Ranjan

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C&I

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Solar
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Assam Retains Existing Power Tariffs for FY 2027 Despite Revenue Gap

The Assam Electricity Regulatory Commission (AERC) has approved retail power tariffs for the financial year (FY) 2027, ranging from ₹3.35 (~$0.036)/kWh for low-tension...

March 10, 2026

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Parth Shukla

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Markets & Policy

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Other
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Andhra Issues Draft Resource Adequacy Framework for Reliable Power Supply

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a draft framework for resource adequacy planning to ensure that electricity demand in the state...

March 10, 2026

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Arjun Joshi

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Grid

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Market & Policy
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POWERGRID to Raise ₹50 Billion Loan, Divest Stake in CTUIL

Powergrid Corporation of India’s (POWERGRID) board has approved raising up to ₹50 billion (~$541.45 million) through an unsecured rupee term loan or line of credit from...

March 10, 2026

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Rakesh Ranjan

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Finance and M&A

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Grid
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Sahaj Solar Approves UAE Subsidiary for 750 MW Solar Panel Facility

Ahmedabad-based Sahaj Solar has approved the incorporation of a step-down subsidiary in the United Arab Emirates (UAE) to implement a proposed 750 MW solar manufacturing...

March 10, 2026

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Meghana Prasad

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Manufacturing

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Solar
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Daily News Wrap-Up: Energy Storage Tariff Drop Raises Project Execution Risks

India’s standalone battery energy storage system tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns over...

March 10, 2026

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Mercom Staff

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Daily Wrap-up
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TCPL Packaging to Procure Power from CleanMax’s 3 MW Solar Project

Mumbai-based packaging solutions company TCPL Packaging has acquired a 26% stake in Clean Max Hana to source power from the company’s 3.05 MW solar project in...

March 10, 2026

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Melvin Mathew

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Open Access

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Solar
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Madhya Pradesh Invites Bids from Consultants to Analyze DISCOM Subsidy Demands

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has invited bids from consultants to provide support for analyzing quarterly reports on subsidy demands...

March 10, 2026

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Melvin Mathew

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Grid

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Tenders and Auctions
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Renewables Accounted for 58.6% of Germany’s Electricity Generation in 2025

Renewables accounted for 58.6% of the electricity fed into Germany’s grid in 2025, slightly lower than 59.5% in 2024, according to preliminary data released by the...

March 10, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Electrons Can Move Across Solar Materials at Record Speed: Research

Electrons can jump across solar materials in approximately 18 femtoseconds, less than 20 quadrillionths of a second, according to researchers from the University of...

March 10, 2026

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Parth Shukla

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Solar

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Technology
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Q4 Sees Solar Open Access Slowdown in Karnataka, Rajasthan, UP

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 10, 2026

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Prabha P P

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Mercom Research Focus

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Solar
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GERC Allows Revisions in Torrent Power’s 200 MW FDRE Tender Terms

The Gujarat Electricity Regulatory Commission (GERC) has partly allowed a petition filed by Torrent Power seeking approval for deviations for procurement of firm and...

March 9, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Tunisia Invites Bids for 300 MW Solar Plus 150 MW/540 MWh Battery Storage Project

Tunisia’s Ministry of Industry, Mines, and Energy has invited bids to develop a 300 MW solar power project with a 150 MW/540 MWh battery energy storage system. The...

March 9, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions

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