Coal India floated an engineering, procurement, and construction (EPC) tender to set up 3,000 MW grid-connected solar projects anywhere in India on a turnkey basis. Bids must be submitted by September 16, 2025. Bids will be opened on the same date. The projects are proposed in Andhra Pradesh, Tamil Nadu, Karnataka, Rajasthan, and Madhya Pradesh. The scope of work entails the design, engineering, supply and procurement, construction, erection, testing, and commissioning of the solar projects. It also involves providing operation and maintenance services.

In an interview on the sidelines of the Mercom India Renewables Summit 2025 held in New Delhi on July 24 and 25, 2025, Amod Anand, CEO at Loom Solar, said his company’s focus is on serving customers in rural or semi-urban areas who often face challenges with access to technology and financing.

The West Bengal Green Energy Development Corporation issued a tender for a 1.5 MW grid-connected rooftop solar project at Kalyani Layer Farm, Kalyani, Nadia district, West Bengal. The estimated cost of the project is ₹93.8 million (~$1.09 million). Bids must be submitted by September 19, 2025. Bids will be opened on September 22. The scope of work encompasses design, manufacturing, testing, supply, commissioning, and reliability testing of the rooftop solar project, as well as operation and maintenance for five years. The project must be completed within 120 days from the date of site handover.

Chhattisgarh State Renewable Energy Development Agency issued a request for selection to set up grid-connected rooftop solar projects with a cumulative capacity of 1.3 MW at two hospitals in Raigharh, Chhattisgarh, under the renewable energy service company model. The projects must be installed at the Late Shri Lakhi Ram Agrawal Memorial Medical College and the Late Shri Lakhi Ram Agrawal Memorial Hospital. The capacity will be split equally between the two hospitals. Bids must be submitted by September 22, 2025. Bids will be opened on September 23. The scope of work entails the design, supply, erection, testing, and commissioning of the solar projects. It also includes providing operation and maintenance services for 25 years.

Adani Renewable Energy Fifty-Six, a subsidiary of Adani Green Energy (AGEL), operationalized an incremental solar power project of 125 MW at Khavda, Gujarat. With the addition of this capacity, AGEL’s total operational renewable generation portfolio has reached 15,990.5 MW. The solar project is part of AGEL’s ongoing capacity additions in Gujarat. The operationalization contributes to its overall capacity mix, which spans solar, wind, and hybrid renewable energy projects across multiple states.

Surat-based renewable energy solutions provider KPI Green Energy’s board of directors approved the issuance of ₹6.7 billion (~$76.05 million) in secured, listed, rated, senior, redeemable, transferable, non-convertible certified green bonds through a private placement to eligible investors. The bonds will be issued in one or more tranches in dematerialized form and listed on the Negotiated Trade Reporting Platform under the New Debt Market Segment of the National Stock Exchange of India. They carry a coupon rate of 8.5% per annum and a tenure of 60 months from the deemed date of allotment.

Solar module manufacturer Waaree Energies acquired a 64% equity stake in Rajasthan-based power transformer solutions company Kotsons for ₹1.92 billion (~$21.79 million). Waaree’s board of directors approved the company’s share subscription and shareholders’ agreements for the acquisition of 25.6 million shares costing ₹75 (~$0.85) per share at a face value of ₹10 (~$0.11) each. Post acquisition, Kotsons will become Waaree’s subsidiary.

Solar glass manufacturer Borosil Renewables reported revenue of ₹3.46 billion (~$39.4 million) for the first quarter of the financial year 2026, a 7% year-over-year decrease from ₹3.71 billion (~$42.2 million). The company posted a net loss of ₹2.03 billion (~$23.1 million) for the quarter, an increase of 1,329% from the same period last year. The loss was primarily due to a ₹2.22 billion (~$25.3 million) impairment charge following the insolvency of its German subsidiary, GMB Glasmanufaktur Brandenburg. Loss per share for the quarter stood at ₹1.86 (~$0.021), compared to ₹0.99 (~$0.011) in the same quarter of the previous year.