Daily News Wrap-Up: Top Solar Inverter Suppliers in 2025

CERC approves deviations in 500 MW PSP tender

May 6, 2026

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In 2025, inverter shipments to solar projects in India increased 40.8% compared to 2024, driven by record installations and a strong project pipeline targeted for commissioning in the first half of 2026, ahead of the phased reduction in interstate transmission systems charges waiver. The upcoming ALMM-II deadline created uncertainty around cells and module availability, prompting developers to accelerate project execution during the year.

The Central Electricity Regulatory Commission approved the deviations sought by Madhya Pradesh Power Management Company and Uttar Pradesh Power Corporation from the standard bidding guidelines for the procurement of 500 MW power from interstate transmission system-connected pumped storage projects (PSP).

The Haryana Electricity Regulatory Commission approved the additional surcharge on electricity consumed through open access by consumers within the areas served by Uttar Haryana Bijli Vitran Nigam and Dakshin Haryana Bijli Vitran Nigam. The surcharge of ₹1.37 (~$0.0144)/kWh determined for the second half of the financial year (FY) 2026, a 13% increase from the previous ₹1.21 (~$0.0127)/kWh, will apply from April 30, 2026.

Renewable energy developers have shown reluctance to move away from the proposed Bikaner V transmission system to evacuate 6 GW of solar power in Rajasthan, even after the project has been deemed infeasible. Developers granted in-principle connectivity under the Bikaner V project have already acquired about 15,000 acres of land and committed significant investments.

The Chhattisgarh State Electricity Regulatory Commission approved a revised load management procedure submitted by Chhattisgarh State Power Distribution Company. The revision applies to industrial, town, and rural feeders, as well as feeders under the Advanced Distribution Management System. It also introduces provisions for agricultural pump feeders.

The Odisha Electricity Regulatory Commission issued the draft ‘Terms and Conditions for Determination of Transmission Tariff Regulations, 2026,’ establishing the framework for determining transmission tariffs for intrastate transmission systems. Stakeholders have until May 30, 2026, to provide their feedback.

Bharat Heavy Electricals invited bids to select a developer to set up a 1,130 kW rooftop solar project integrated with a 4,520 kWh battery energy storage system at its Ramachandrapuram facility in Hyderabad. The final capacities must be optimized by the selected bidder based on a detailed feasibility assessment. Bids must be submitted by May 14, 2026. Bids will be opened on the same day.

The Punjab State Power Corporation invited bids for the procurement of 250 MW of solar power from projects of 50 MW or more located anywhere in Punjab, on a long-term basis for 25 years. The last date to submit bids is May 28, 2026. Bids will be opened on June 1.

NTPC Renewable Energy floated two tenders inviting bids to supply the balance-of-system for 2,100 MW of grid-connected solar projects in Andhra Pradesh. The last day to submit bids is June 5, 2026. Bids will be opened on the same day.

The Indian Energy Exchange reported a monthly electricity traded volume of 12,341 million units in April 2026, increasing 16.6% year-over-year. India’s electricity consumption reached 154 billion units, up 4% YoY. April witnessed dynamic weather conditions. The weather ranged from unseasonal rainfall to peak summer heat. This drove electricity demand to an all-time high of 256 GW.

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