Daily News Wrap-Up: Gujarat Sets Net Metering, Billing Cutoff at 1 MW

LEAPTING crosses 10 GW milestone in India as demand grows

November 3, 2026

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The Gujarat Electricity Regulatory Commission notified the Grid Interactive Distributed Renewable Energy Sources Regulations, 2026, setting the maximum capacity for net metering and net billing projects in the state at 1 MW.

In an interview with Mercom India, Gaurav Gaba, Head of India Sales at LEAPTING, discussed the growing adoption of waterless robotic cleaning, the challenges of managing soiling losses at utility-scale solar projects, and the company’s plans to expand its presence in India.

The Central Electricity Regulatory Commission adopted tariffs for 400 MW of interstate transmission system (ISTS)-connected solar projects. The approved tariffs range from ₹2.42 (~$0.0255)/kWh to ₹2.54 (~$0.0268)/kWh.

The Uttarakhand Electricity Regulatory Commission allowed residential rooftop solar consumers under the PM Surya Ghar: Muft Bijli Yojana to execute net metering agreements digitally, eliminating separate physical power purchase agreements.

Terra Clean, a wholly owned subsidiary of Indian Oil Corporation invited bids to empanel EPC contractors for solar projects connected to the ISTS and intrastate transmission systems. The scope includes design, engineering, supply, construction, installation, and commissioning of balance-of-system and balance-of-plant infrastructure. The bid submission deadline is November 30, 2026. Bids will be opened the following day.

Karnataka Power Corporation invited bids to operate and maintain its 10 MW solar project at Shivanasamudram in Mandya district, Karnataka. The contract will run for two years, with an option to extend it by another year. The bid submission deadline is November 30, 2026. Bids will be opened on December 2.

Clean energy deployment platform Two Point O Capital raised $10 million in a funding round led by Transition Venture Capital. Existing investor Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy also participated.

Solarworld Energy Solutions acquired a 50% equity stake in Rays Green Energy Manufacturing for ₹268.2 million (~$2.83 million) in the first tranche of its equity subscription. Rays Green Energy Manufacturing is a joint venture between Solarworld and Rays Power Infra to establish a 2.4 GW solar cell manufacturing facility.

French energy company ENGIE commissioned two solar projects with a cumulative capacity of 450 MW in Rajasthan and Gujarat. The projects comprise the 250 MW Khaba solar project in Barmer, Rajasthan, and the 200 MW Khavda solar project in Gujarat

Independent renewable energy producer Juniper Green Energy reported revenue from operations of ₹3.45 billion (~$36.35 million) in the second quarter (Q2) of the financial year (FY) 2027, up 136.2% year-over-year (YoY) from ₹1.46 billion (~$15.38 million).

Government-owned power generation company SJVN reported consolidated revenue from operations of ₹22.44 billion (~$236.38 million) in Q2 FY 2027, a 117.4% YoY increase from ₹10.32 billion (~$108.71 million).

NTPC Green Energy reported revenue from operations of ₹9.38 billion (~$97.03 million) in Q2 FY 2027, a 53.2% YoY increase from ₹6.12 billion (~$63.33 million).

U.S.-based solar module manufacturer First Solar reported net sales of $1.23 billion in Q3 of 2026, a 22.8% YoY decline from $1.59 billion.

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