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Daily News Wrap-Up: NTPC’s 3 GW FDRE-II Auction Result

ABC Cleantech (Axis Energy), Juniper Green Energy, Serentica Renewables India 11 (Serentica Renewables), Tata Power Renewable Energy, and ReNew Solar Power won...

March 26, 2024

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Mercom Staff

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Daily Wrap-up
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Ministry Issues Viability Gap Funding Guidelines for Battery Storage

The Ministry of Power (MoP) has issued the operational guidelines for the ₹94 billion (~$1.1 billion) program to provide viability gap funding (VGF) of up to 40% to...

March 20, 2024

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Staff

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Energy Storage

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Market & Policy
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NTPC Tenders Land and Transmission Package for 2 GW Solar Projects

NTPC Renewable Energy (NTPC REL) has invited bids for a land and power evacuation package to develop 2 GW  interstate transmission system (ISTS)-connected solar power...

February 23, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Serentica to Provide Uninterrupted Green Power Through a Mix of Renewables: Interview

Renewable energy developer Serentica Renewables is strategically employing a diverse mix of solar, wind, and energy storage technologies. The company has recently...

February 23, 2024

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Gautamee Hazarika

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C&I

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Markets & Policy

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Renewable Energy
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Plagued by Project Delays, India’s Solar Capacity Additions Plummet by 44% in 2023

Solar installations in India dropped 44.1% in the calendar year (CY) 2023, with a capacity of 7.5 GW added against 13.4 GW in 2022, according to Mercom India’s Q4...

February 22, 2024

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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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ReNew Narrows Q3 Net Loss on Higher Tariffs and Lower Module Prices

Independent renewable power producer ReNew Energy narrowed its net loss by 19% to ₹3.2 billion (~$39 million) in the third quarter (Q3) of the financial year (FY) 2024...

February 21, 2024

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Staff

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Finance and M&A

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Renewable Energy
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POWERGRID Approves ₹6.5 Billion Investments for Two Transmission Projects

Government-owned power transmission utility Power Grid Corporation of India (POWERGRID) has approved investments in two projects totaling ₹6.5 billion (~$79.03 million)....

February 19, 2024

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Staff

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Tenders and Auctions
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Karnataka Invites Bids to Develop 300 MW Solar Project at Pavagada

Karnataka Solar Power Development Corporation (KSPDCL) has issued a tender to develop 300 MW of grid-connected solar power project at Pavagada Solar Park. Bangalore...

February 13, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Odisha’s Potential Solar Open Access Boom Hinges on Overcoming Challenges

Large industries in Odisha have the mandate of fulfilling Renewable Purchase Obligations (RPO) owing to the captive thermal plants used to run their facilities. This...

February 13, 2024

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Arjun Joshi

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Mercom Research Focus

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Open Access

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Solar
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SJVN Green Invites Bids for Transmission Lines for Two Solar Projects

SJVN Green Energy, a wholly-owned subsidiary of SJVN, has invited bids for the construction of 132 kV transmission lines, including bays, for its 125 MW Jamui Phase-I...

February 12, 2024

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Staff

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Renewable Energy

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Tenders & Auctions
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BHEL Floats Tender for 5 MW Solar Project in Haridwar

Bharat Heavy Electricals (BHEL) has invited bids from project developers to set up a 5 MW ground-mounted solar power project at its Ranipur facility in Haridwar on a...

January 16, 2024

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Satish Shetty

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Solar

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Tenders & Auctions
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Chhattisgarh’s Open Access Solar Projects Surge With Policy Boost

Chhattisgarh, which has traditionally relied on coal sources for its energy requirements, has recently seen a surge in solar capacity additions, accounting for about 5%...

January 16, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Open Access

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Solar
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Large Consumers and Captive Projects Exempted from Transmission License

The Ministry of Power has amended Electricity Rules to allow entities commissioning captive power projects or energy storage systems or a consumer, with a load of at...

January 12, 2024

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Arjun Joshi

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Grid

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Market & Policy
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Adani Wins Transmission Project to Evacuate 7 GW of Renewable Energy

Adani Energy Solutions (AESL), a power transmission and distribution company, has secured a letter of intent to acquire Halvad Transmission from PFC Consulting (PFCCL)....

December 28, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Soshe Power Wins EPC Contract for HPCL’s 1.9 MW Solar Project in Karnataka

Soshe Power Tech, a Hyderabad-based solar power project developer, has won the engineering, procurement, and construction (EPC) contract from Hindustan Petroleum...

December 13, 2023

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Satish Shetty

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Solar

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Tenders & Auctions

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