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Haryana Issues Tariff Determination Terms for Renewable Energy Projects

The Haryana Electricity Regulatory Commission (HERC) has issued the terms and conditions for determining tariffs for renewable energy projects, renewable purchase...

October 30, 2025

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Melvin Mathew

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Markets & Policy

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Solar

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Wind
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REC Profit Up 9.4% in Q2 FY 2026, Renewable Energy Loans Grow 15%

Public infrastructure finance company REC has posted a net profit of ₹44.14 billion (~$530.4 million) for the second quarter (Q2) of the financial year (FY) 2026, up...

October 27, 2025

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Staff

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Finance and M&A

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Renewable Energy
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CERC Proposes ₹245/MWh as Buyout Price Under Renewable Consumption Obligation

The Central Electricity Regulatory Commission (CERC) has proposed that designated entities, including electricity distribution licensees, open access consumers, and...

October 23, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Bihar Sets Renewable Purchase Obligation Target of 43% by FY 2030

The Bihar Electricity Regulatory Commission (BERC) has set a target of meeting 43.33% of its energy requirements from renewable sources by the financial year (FY) 2030....

October 16, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Green Energy Trade on IEX Up 50% YoY in September 2025

The Indian Energy Exchange (IEX) traded an electricity volume of 11,065 million units (MU) in September 2025, increasing 7.1% year-over-year (YoY). Tertiary reserve...

October 6, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Government Issues RCO Compliance Regime for Designated Consumers

The Ministry of Power (MoP) has prescribed a renewable energy consumption obligation (RCO) for designated consumers to achieve a 43.33% target by the financial year 2030....

September 30, 2025

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Melvin Mathew

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Markets & Policy

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Solar

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Wind
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CERC Proposes Amendments to Boost Renewable Energy Certificates Trading

The Central Electricity Regulatory Commission (CERC) has issued draft amendments to the Renewable Energy Certificate (REC) Regulations. The amendment proposes clearer...

September 24, 2025

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Arjun Joshi

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Other

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Renewable Energy
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ACME Secures ₹39 Billion Loan from SBI for 400 MW FDRE Project

ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured a long-term project debt funding of ₹38.92 billion (~$440.13 million) from the State Bank...

September 11, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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IEX Sees 19% YoY Rise in Electricity Volume in August, Trades 11.8 BU

The Indian Energy Exchange (IEX) has traded a monthly electricity volume of 11.8 billion units (BU) in August 2025, an 18.9% year-over-year (YoY) increase. IEX said the...

September 4, 2025

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Arjun Joshi

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Other

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Renewable Energy
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ACME Secures ₹32 Billion from REC for 280 MW FDRE Project

Renewable energy independent power producer ACME Solar Holdings’ wholly owned subsidiary, ACME Hybrid Urja, has secured long-term project financing of ₹31.84...

August 13, 2025

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Staff

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Finance and M&A

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Renewable Energy
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IEX Green Energy Market Rises 4% YoY in July

The Indian Energy Exchange (IEX) has achieved a monthly electricity volume of 12.66 billion units (BU) in July 2025, a 25.5% year-over-year (YoY) increase. IEX said the...

August 8, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: SECI Declares 75,000 MT Green Ammonia Auction Winner

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...

July 31, 2025

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Mercom Staff

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Daily Wrap-up
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IEX Green Energy Market Jumps 30% YoY in June  

The Indian Energy Exchange (IEX) achieved a monthly electricity volume of 10.85 billion units (BU) in June 2025, representing a 6.5% year-over-year (YoY) increase. The...

July 4, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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REC Gets Nod from CBDT to Raise ₹50 Billion via Zero-Coupon Bonds

Public infrastructure finance company, REC Limited has received approval from the Central Board of Direct Taxes (CBDT) to issue 500,000 zero-coupon bonds aggregating to...

June 5, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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REC’s Q4 Net profit Up 21% YoY, Loan Approvals for Renewables Surge

Public infrastructure finance company REC Limited recorded a total income of ₹153.48 billion (~$1.79 billion) for the fourth quarter (Q4) of the financial year (FY) 2025,...

May 9, 2025

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Arjun Joshi

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Finance and M&A

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Other

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