ACME Cleantech Solutions won Solar Energy Corporation of India’s (SECI) auction to supply 75,000 metric tons (MT) of green ammonia annually to 12 fertilizer plants under the Strategic Interventions for Green Hydrogen Transition program (Mode-2A-Tranche-I). This is a part of a series of 13 auctions, under a tender aggregating a cumulative procurement capacity of 724,000 MT/year. ACME won 75,000 MT/year at a tariff of ₹55.7 (~$0.64)/kg. The tender was floated in June this year. The green ammonia will be supplied to Paradeep Phosphates in Orissa for ten years.

India must add 200-250 GW of solar module manufacturing capacity every year to reach its 2047 clean energy target and its net-zero goals by 2070. To reach these targets and reduce the reliance on Chinese imports, the government must support solar component manufacturing. This was one of the calls to action by the speakers at a panel discussion titled “Domestic Cell and Module Production: Meeting Demand, Competing on Quality and Price” at the Mercom India Renewables Summit 2025, held on July 24.

The Maharashtra Electricity Regulatory Commission reiterated the regulatory requirement that rooftop solar generation under simultaneous open access must be credited under net metering as per the amended 2023 regulations. It made this averment while disposing of a petition filed by KSB, a pumps and valves manufacturing company, after the Maharashtra State Electricity Distribution Company agreed to provide retrospective credit adjustments under the net metering arrangement for KSB’s rooftop solar energy generation across four of its facilities.

The Uttarakhand Electricity Regulatory Commission dismissed review petitions filed by 12 solar power developers against the cancellation of letters of award for projects issued under the state’s 200 MW Solar Program. The Uttarakhand Renewable Energy Development Agency initiated the 200 MW solar program under the state’s 2013 solar policy to facilitate tariff-based competitive bidding for utility-scale solar projects. The aim was to assist the Uttarakhand Power Corporation in fulfilling its renewable purchase obligation.

NHPC issued a request for selection to set up grid-connected 4.79 MW rooftop solar projects on government buildings in Manipur. Bids must be submitted by August 21, 2025. Bids will be opened on August 28. The scope of work entails the design and engineering of the solar projects. The projects must be set up in shadow-free areas to maximize energy generation. Modules used in the projects must be from the Approved List of Models and Manufacturers.

NHPC issued a request for selection to set up 1,200 MW of ground-mounted solar projects at the Jalaun Solar Park in Uttar Pradesh. Bundelkhand Saur Urja, a joint venture of NHPC and Uttar Pradesh New and Renewable Energy Development Agency, is developing the solar park. Bids must be sent by September 5, 2025. Bids will be opened on September 10. The scope of work entails the development of the solar projects until the interconnection point at the incoming side of the pooling substation. It also involves providing operation and maintenance services. Selected bidders must obtain clearances and permits for the solar projects.

REMCL, a joint venture between the Ministry of Railways and RITES, issued a request for selection for the supply of 1,000 MW of round-the-clock power from grid-connected renewable energy projects, with or without storage. Bids must be submitted by August 25, 2025. Bids will be opened on August 27. The projects can be located anywhere in India. The renewable energy generation components, along with an energy storage system installed, if any, may be located anywhere. They can be co-located or located at different locations.

Public infrastructure finance company REC reported its highest-ever quarterly net profit of ₹44.51 billion (~$514.09 million) for the first quarter (Q1) of the financial year (FY) 2026, a 29% increase from ₹34.42 billion (~$397.55 million) during the same period in the previous year. The company also declared a first interim dividend of ₹4.60 (~$0.05)/equity share with a face value of ₹10 (~$0.12) each. The total income for the quarter stood at ₹147.34 billion (~$1.70 billion), up 13% from ₹130.37 billion (~$1.51 billion) in Q1 FY 2025.