The Bombay High Court stayed the Maharashtra State Electricity Distribution Company’s (MSEDCL) restriction on the use of banked renewable energy for solar hours. It ruled that the older multi-year tariff framework, allowing renewable energy use anytime except during peak hours, would hold. The court had earlier issued an interim judgment, staying the Maharashtra Electricity Regulatory Commission’s (MERC) review order restricting banked renewable energy usage to the same time-of-day slot and solar hours. The High Court rejected MSEDCL’s argument that the old rules could not automatically revive after its stay on the MERC review order.

The Uttar Pradesh Electricity Regulatory Commission approved the Uttar Pradesh Power Corporation’s (UPPCL) petition to procure 375 MW/1,500 MWh of standalone battery energy storage system capacity with viability gap funding support. The approval was granted for a 15-year period. The Commission directed UPPCL and the implementing agency to initiate the tariff adoption process and approve the battery energy storage purchase agreement without delay, given that the tariff has already been determined through competitive bidding.

Coal India floated an expression of interest for the engineering, procurement, and construction of 150 MW interstate transmission system-connected solar projects with a co-located battery energy storage system. Bids must be submitted by September 15, 2025. Bids will be opened on the same day. The scope of work entails the engineering, supply, installation, and commissioning of the projects. It also includes providing operation and maintenance services.

The Solar Energy Corporation of India invited bids to set up a 1,000 kW grid-connected rooftop solar photovoltaic (RTSPV) project at Rashtrapati Bhavan, New Delhi, under Tranche III of RTSPV projects. Bids must be submitted by October 16, 2025. Bids will be opened on October 17. The scope of work includes the design, erection, testing, and commissioning of the solar project. It also involves providing operation and maintenance services for 25 years. These services would include preventive and breakdown maintenance, cleaning, replacement of defective parts, insurance, online monitoring, and joint meter readings.

Punjab Energy Development Agency (PEDA) invited expressions of interest to set up 40 MW of canal top solar power projects. Bids must be submitted by September 29, 2025. Bids will be opened on the next day. The minimum capacity that can be bid for is 1 MW. A maximum of 50% of the total capacity of 40 MW can be allocated to a single bidder. Developers, in coordination with the Water Resources Department and other water body owners, may identify sites for setting up canal top solar projects. PEDA will allocate projects based on the identified sites, and the selected developers will implement them on a build, own, and operate basis.

Coal India invited expressions of interest for the engineering, procurement, and construction of 2,000 MW interstate transmission system (ISTS)-connected wind projects across India. Bids must be submitted by September 16, 2025. Bids will be opened on the same date. Bidders can quote for capacities ranging from 100 MW to 2,000 MW. The projects are planned in states with substantial wind resources, including Andhra Pradesh, Tamil Nadu, Karnataka, Rajasthan, and Madhya Pradesh. The final locations will be identified based on wind energy yield potential and proximity to the ISTS grid network. The scope of work includes the design and engineering, micro-siting, manufacturing, supply, erection, testing, and commissioning of the solar projects. It also involves proving guaranteed performance parameters.

Solar engineering, procurement, and construction company Prozeal Green Energy received approval from the market regulator Securities and Exchange Board of India for its initial public offering (IPO) of shares to raise ₹7 billion (~$102 million). The IPO comprises a fresh issue of shares with a face value of ₹2 (~$0.023) each, aggregating up to ₹3.5 billion (~$40.91 million), and an offer for sale of shares with the same face value, also aggregating up to ₹3.5 billion (~$40.91 million). Prozeal Green Energy plans to utilize the net proceeds from the IPO for long-term working capital expenditure, investments in subsidiaries for debt repayment or prepayment, and general corporate purposes.

Plastic products manufacturer Kay Plast Product installed a 1 MW rooftop solar system at its facility in Kanpur, Uttar Pradesh, helping the company reduce high electricity costs and secure reliable, sustainable power. Executed by Grun Power, the project uses Waaree 590 W N-Type Topcon modules, Sungrow inverters, and an aluminum mounting structure for long-term durability and performance. Before switching to solar, Kay Plast’s energy consumption averaged 15,000 to 16,000 units per day or around 480,000 kWh monthly.

Norway-based renewable energy company Statkraft divested its 49% stake in Malana Power Company to LNJ Bhilwara Group. The transaction includes Statkraft’s stake in the 86 MW Malana and the 192 MW Allain Duhangan hydropower projects, both located in Himachal Pradesh. These projects have been operated as a 51:49 joint venture since 2004. The acquisition makes Bhilwara Energy, a subsidiary of the LNJ Bhilwara Group, the sole owner of the Malana Power Company. The transaction is in line with Statkraft’s previously announced strategy to divest its India platform, allowing the company to sharpen its focus on markets where it can achieve scale and long-term competitiveness.