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					</table>Government agencies issued tenders for 21 GW of renewable energy capacity and auctioned 12 GW across energy storage, hybrid, large-scale solar, wind, manufacturing, green hydrogen, and rooftop solar projects in the third quarter (Q3) of 2026, according to Mercom India’s newly released <a href="https://www.mercomindia.com/product/india-renewable-energy-procurement-9m-2026" target="_blank" rel="noopener">Q3 and 9M 2026 India Renewable Energy Procurement and Demand Report</a>.
Wind projects led auction activity with 3.2 GW, followed by battery energy storage at 2.8 GW, hybrid projects at 2.5 GW, manufacturing at 1.9 GW, large-scale solar at 1.2 GW, and rooftop solar at 51.2 MW.
Together, battery energy storage and hybrid projects accounted for 45.2% of auctioned capacity, suggesting buyers are placing greater emphasis on flexible supply and the timing of power delivery.
Energy Storage Led Tenders in 9M
Agencies issued approximately 66 GW of renewable energy tenders and auctioned 28 GW of capacity during the first nine months (9M) of 2026.
Energy storage was the largest tendered segment, accounting for 40% of the total tendered capacity.
Wind accounted for 22% of total auctioned capacity in 9M 2026, making it the second-largest auctioned segment after hybrid projects.
The relatively strong auction activity indicates robust renewable energy offtake, alongside new tender issuance.
The growing share of storage procurement reflects the increasing importance of integrating renewable energy with flexible capacity to improve grid reliability and meet peak electricity demand. Tendering design also reflected buyers’ peak power procurement requirements. Tenders specified storage duration, firm delivery, peak-period supply, and complementary renewable generation.
A substantial portion of newly issued capacity was pending auction at the end of Q3 2026, indicating scope for increased auction activity as these programs progress through the procurement process.
In the first half (1H) of 2026, agencies in India <a href="https://www.mercomindia.com/energy-storage-renewable-tenders-dominate-procurement-1h-2026?utm_source=chatgpt.com" target="_blank" rel="noopener">issued</a> tenders for 44.1 GW and auctioned 16.3 GW of renewable energy capacity according to the India Renewable Energy Procurement and Demand Report.
Solar Tenders
Large-scale solar <a href="https://www.mercomindia.com/solar-tendering-surges-61-qoq-in-q3-2026-auctions-decline-10" target="_blank" rel="noopener">remained</a> a significant part of procurement activity, with approximately 14 GW tendered and 4 GW auctioned in 9M 2026. The wide gap shows that solar tender issuance continued to run well ahead of projects reaching the auction stage, with transmission availability, land, tariff expectations, bid conditions, and buyer commitments affecting the pace of conversion.
Rooftop solar tenders totaled 2 GW, while nearly 1 GW was auctioned during the period. Procurement remained driven primarily by residential, government, and utility-led rooftop programs.
Large residential and government rooftop programs in Jammu and Kashmir, Rajasthan, and Tripura supported tender activity. However, most of these projects remained pending auction at the end of September.
<a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-107895 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1.png" alt="" width="1212" height="589" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1.png 1212w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1-300x146.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1-768x373.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1-650x316.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1-624x303.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re1-600x292.png 600w" sizes="auto, (max-width: 1212px) 100vw, 1212px" /></a>
“The volume of tenders tells only part of the story. The bigger question is how much of that capacity moves through auctions, power purchase agreements, financing, transmission connectivity, and commissioning. With a large pipeline still awaiting award, the rate at which projects move forward will be an important measure of actual renewable energy demand in the coming quarters,” said Raj Prabhu, CEO of Mercom Capital Group.
<a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-107896 " src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2.png" alt="" width="489" height="412" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2.png 849w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2-300x253.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2-768x647.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2-650x547.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2-624x526.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/11/re2-600x505.png 600w" sizes="auto, (max-width: 489px) 100vw, 489px" /></a>
Other Tenders and Auctions
Renewable energy manufacturing tenders totaled 5 GW during 9M 2026, while 2 GW was auctioned. Auction activity was largely concentrated in procurement processes initiated earlier, reflecting continued demand for domestic manufacturing capacity and the progression of previously issued tenders.
Green hydrogen procurement remained limited during the period, with activity focused on a small number of tenders and only one auction.
Transmission tendering also remained active during the period, with agencies issuing tenders for interstate and intrastate transmission networks, substations, high-voltage transmission lines, network augmentation, and renewable energy evacuation infrastructure. Projects awarded during Q3 also supported transmission infrastructure for renewable energy zones, pumped storage connectivity, and emerging demand from green hydrogen and green ammonia projects.
Mercom India’s analysis indicates that renewable energy procurement is increasingly being driven by power delivery requirements rather than capacity additions alone. Storage and hybrid projects are gaining prominence, and the gap between tendered and auctioned capacity continues to grow. Buyer requirements, transmission availability, project financing, and commercial viability continue to determine how quickly the tendered pipeline translates into awarded projects.
The India Renewable Energy Procurement and Demand Report covers all facets of India&#8217;s renewable energy tendering and auction activity. For the complete report, visit: <a href="https://www.mercomindia.com/product/india-renewable-energy-procurement-9m-2026" target="_blank" rel="noopener">https://www.mercomindia.com/product/india-renewable-energy-procurement-9M-2026</a>

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