Archive

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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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Funding and M&A Roundup: Solar Module Manufacturer HELIUP Raises $19 Million

From: Mercom Capital Group HELIUP, a solar module manufacturer for large rooftops of commercial and industrial buildings, closed a €16 million (~$19 million) funding...

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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Maharashtra Targets 75% Clean Energy by 2047 in Latest Budget

Maharashtra has set a target of achieving 75% clean energy by 2047, with the 2026–27 budget outlining measures across solar deployment, rooftop solar subsidies, and...

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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Himachal Pradesh Tenders 6 MW Solar, 4.2 MWh Battery Storage Project

The Himachal Pradesh Power Corporation (HPPCL) has floated a tender to set up a 6 MW solar project with a 2.1 MW/4.2 MWh battery energy storage system (BESS) at Tihra...

March 10, 2026

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Parth Shukla

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Energy Storage

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Solar

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Tenders & Auctions
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NTPC Renewable Energy Commissions 270 MW at Khavda-II Solar Project

NTPC Renewable Energy (NREL), a wholly-owned subsidiary of NTPC Green Energy (NGEL), has commissioned the third part of the 1.2 GW Khavda-II solar project in Gujarat....

March 10, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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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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