Other

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Funding and M&A Roundup: Okovate Acquires Assets of Fundusol

From: Mercom Capital Group Okovate Sustainable Energy, an agrivoltaic project developer, has announced the acquisition of assets from Fundusol, a modeling platform born...

January 7, 2026

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: High Land Lease Costs Affect Maharashtra KUSUM Projects

The rapid increase in solar installations under Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) in Maharashtra is leading to developers facing...

January 7, 2026

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Mercom Staff

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Daily Wrap-up
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European Union’s CBAM Puts a Carbon Cost On India’s Exports

The European Union (EU) has begun implementing the definitive phase of its Carbon Border Adjustment Mechanism (CBAM), a policy that will attach a carbon-linked cost to...

January 7, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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IEX’s Traded Electricity Volume Up 12% in Q3 FY 2026

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 34.08 billion units (BU) during the third quarter (Q3) of the financial year (FY) 2026, an 11....

January 7, 2026

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Parth Shukla

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Other

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Renewable Energy
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Bondada Engineering Commissions 120 MW of Solar Projects

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction (EPC) company, commissioned 120.46 MW of solar projects in December 2025 for Paradigm...

January 6, 2026

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Rakesh Ranjan

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Other

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Solar
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Juniper Green Raises ₹20 Billion Debt Funding for Renewable Energy Projects

Independent power producer Juniper Green Energy has secured ₹20.39 billion (~$245.7 million) in debt financing from a consortium of domestic and global financial...

January 6, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Oriana Power to Raise ₹750 Million Through Issue of Debentures

Oriana Power has approved the issue and allotment of non-convertible debentures (NCD) aggregating to ₹750 million (~$9.04 million). The company will issue 7,500 rated,...

January 6, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Pace Digitek’s Subsidiary Secures ₹943 Million BESS Order from BSNL

Lineage Power, a material subsidiary of Pace Digitek, has received a purchase order valued at ₹943.51 million (~$10.46 million) to supply battery modules, racks, and...

January 6, 2026

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Parth Shukla

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Energy Storage

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Other
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UPERC Adopts Tariff for 1.5 GW Pumped Hydro Storage Project in Uttar Pradesh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the tariff of ₹7.71 million (~$85,634)/MW/annum for procuring power from 1,500 MW of pumped...

January 6, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: MERC Allows Rooftop Solar Net Metering with Open Access

The Maharashtra Electricity Regulatory Commission (MERC) directed the Maharashtra State Electricity Distribution Company (MSEDCL) to permit net metering for Hatsun Agro...

January 6, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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SECI Floats Tender for Five 160 MVA Power Transformers for Solar Park

The Solar Energy Corporation of India has invited bids for the manufacture and commissioning of five 160 MVA, 220/33-33 kV power transformers at the Radhanesda Ultra...

January 5, 2026

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Melvin Mathew

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Grid

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T&D

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Tenders and Auctions
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Government Proposes Changes to Captive Power Rules to Ease Compliance

The Ministry of Power has proposed amendments to the Electricity Rules 2005 to simplify the regulatory framework for captive power generation. Under the existing rules,...

January 5, 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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Chhattisgarh Proposes Lower Solar Project Tariffs for FY 2026

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has proposed generic levelized tariffs for renewable energy projects to be commissioned during the...

January 5, 2026

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Arjun Joshi

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Markets & Policy

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Other

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Renewable Energy
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Daily News Wrap-Up: Grid India Moots Grid-Forming Capability for 50 MW+ BESS

A Grid Controller of India (Grid-India) discussion paper proposed that all new battery energy storage system (BESS) installations of 50 MW and above should incorporate...

January 5, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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IREDA’s Loan Approvals Grow 29% YoY to ₹401 Billion in 9M FY 2026

Government-owned lender, Indian Renewable Energy Development Agency’s (IREDA) loan approvals for the nine months (9M) ended December 31, 2025, stood at ₹401 billion (~$4....

January 2, 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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