indigrid

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Daily News Wrap-Up: West Bengal’s Tender for 10 MW Solar Power Project

The West Bengal State Electricity Distribution Company has invited bids to build a 10 MW solar power project on a turnkey basis along the Teesta Canal bank in Uttar...

February 20, 2024

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Staff

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Daily Wrap-up
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Daily News Wrap-Up: NLC India Floats Tender for 393.9 MW of Solar Modules

NLC India has invited bids to procure 393.9 MW of solar modules for Gujarat State Electricity Corporation’s solar park in Khavda, Gujarat. The last day to submit the...

January 30, 2024

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Mercom Staff

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Daily Wrap-up
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IndiGrid’s Q3 FY 2024 Profits Down 23% YoY to $919 Million

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹919.21 million (~$11.05 million) during the third quarter (Q3) of the...

January 29, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: SECI’s 2 GW Wind-Solar Auction

NTPC Renewable Energy, Juniper Green Energy, and Green Infra Wind Energy (Sembcorp) were declared winners in Solar Energy Corporation of India’s auction to develop 2,000...

January 10, 2024

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Mercom Staff

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Daily Wrap-up
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Project Finance Brief: Soltec Sells 850 MW Solar Portfolio in Denmark

From: Mercom Capital Group Single-axis solar tracker firm Soltec sold a 100% stake in its 850 MW portfolio of solar projects in Denmark to Copenhagen Infrastructure...

January 10, 2024

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Staff

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Finance and M&A

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Solar
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IndiGrid to Acquire ReNew’s 300 MW Solar Project in Rajasthan for ₹16.5 Billion

Power infrastructure investment trust IndiGrid has signed a share purchase agreement to acquire ReNew’s 300 MW (AC) solar project in Rajasthan at an enterprise valuation...

January 9, 2024

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: NTPC’s 4.1 MW Rooftop Solar Projects

NTPC has invited bids for the engineering, procurement, and construction of grid-connected rooftop solar power projects with a cumulative capacity of 4,106 kW at five...

January 4, 2024

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Mercom Staff

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Daily Wrap-up
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India’s Top Five Solar Energy Funding Deals in 2023 [Infographics]

Here are the top five funding deals in the solar sector in India during 2023 according to Mercom’s Q3 2023 India Solar Market Update report: Adani New Industries, a...

December 28, 2023

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Gautamee Hazarika

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Markets & Policy

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Punjab Floats 100 MW Solar Tender with Transmission

The Punjab State Power Corporation (PSPCL) invited bids to set up 100 MW solar projects and the associated transmission system in Bathinda. The last date to submit the...

December 12, 2023

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Staff

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Daily Wrap-up
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IndiGrid Raises ₹6.7 Billion Through Institutional Placement of Shares

Power sector Infrastructure Investment Trust (InvIT), IndiGrid, has raised ₹6.7 billion  ($80.35 million) through the institutional placement of shares, bringing the...

December 11, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: SJVN’s 1.5 GW Renewable Auction Winners

ACME Cleantech Solutions, Juniper Green Energy, Tata Power Renewable Energy, Solarcraft Power India (Blupine), TEQ Green Power XVI (O2 Power), Hero Solar Energy, and...

November 9, 2023

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Mercom Staff

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Daily Wrap-up
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IndiGrid’s Q2 FY 2024 Profits Plummet to $388.91 Million, Down 69.1% YoY

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹32.3 billion (~$388.91 million) during the second quarter (Q2) of the...

November 8, 2023

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Gautamee Hazarika

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Grid

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Market & Policy
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Daily News Wrap-Up: India’s Solar Market Leaders in 1H 2023

Mercom’s India Solar Market Leaderboard 1H 2023 has unveiled solar market leaders in the first half (1H) of the calendar year 2023, with several Indian companies...

October 27, 2023

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Mercom Staff

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Daily Wrap-up
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IndiGrid Bags Contract for 40 MWh BESS Project in Delhi

IndiGrid 2, a wholly owned subsidiary of India Grid Trust along with Amperehour Solar Technology, has received a letter of award from BSES Rajdhani Power (BRPL) for the...

October 26, 2023

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: New Measures for Subsidy Accounting and Billing for DISCOMs

In a bid to improve the financial stability of the state distribution companies (DISCOMs) and establish a sustainable framework for the power sector, the Ministry of...

August 2, 2023

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Mercom Staff

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Daily Wrap-up

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