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Local Manufacturing Mandate for EV Parts May Cause Short-term Supply Gaps, Price Rise

The electric vehicle (EV) industry is bracing for a short-term price surge, as the Ministry of Heavy Industries (MHI) has mandated a 100% domestic content requirement for 18 EV components, including the traction battery pack, batt...

April 2, 2025

Mercom Research Focus

REIAs Justify Charging Trading Margin, Want Issue Settled with DISCOMs

A ₹0.07 (~$0.0008)/kWh trading margin and the discovered tariff have become a bone of contention between renewable energy implementing agencies (REIAs) and buying entities. As intermediary procurers, REIAs charge a trading margin ...

March 27, 2025

C&I

Hydroponics Farmer Installs Solar, Saves ₹300,000 a Year in Power Bills

Various sectors, including agriculture, have realized the benefits of cost savings from switching to solar energy. For a hydroponics farmer, recovering the cost of the solar system in three years, saving on electricity costs, whic...

March 31, 2025

Renewable Energy

Through Agrivoltaics, Farmers Can Earn Dual Income from Crops and Solar: Interview

Agrivoltaics, the integration of solar power generation with agriculture, is emerging as a game-changer for India’s energy and farming sectors. Agrivoltaics enables dual land use, helping farmers generate their own energy wh...

March 28, 2025

Latest News

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Swaraj Tractors to Source Power from Mahindra Susten’s 26 MW Solar Project

Swaraj Tractors, a part of the Mahindra Group’s farm equipment division, has announced it will source renewable energy from Mahindra Susten’s 26 MW group captive solar project in Punjab. Mahindra Susten will set up the solar project in the Bathinda...

April 2, 2025

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Jaipur DISCOM Floats Tenders for 1.2 GW Solar Projects Under KUSUM

Jaipur Vidyut Vitran Nigam (JVVNL) has floated 13 tenders for 1,200.7 MW grid-connected solar projects at various 33/11 kV sub-stations under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The...

April 2, 2025

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Telangana Issues Two EPC Tenders for 5.4 MW Solar Projects

The Northern Power Distribution Company of Telangana (TGNPDCL) has issued two tenders for the engineering, procurement, and construction (EPC) of a cumulative 5.4 MW of ground-mounted solar projects at various locations on a build, operate, maintain,...

April 2, 2025

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PSERC Approves Punjab Transmission Corporation’s FY 2026 Revenue Requirement

The Punjab State Electricity Regulatory Commission (PSERC) has issued an order addressing the true-up of the Aggregate Revenue Requirement (ARR) for the financial year (FY) 2024 and approved the revised ARR forecast and tariff determination for FY...

April 2, 2025

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Funding and M&A Roundup: Apricus Generation Secures $30 Million

From: Mercom Capital Group Apricus Generation, a distributed solar and battery development platform and independent power producer, announced that it has secured a $30 million revolving credit facility with Atlantic Union Bank. The funding is...

April 2, 2025

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Project Finance Brief: Renewable Power Capital Acquires 1.9 GW Solar and Wind Projects

From: Mercom Capital Group Renewable Power Capital, a pan-European renewables company, announced the acquisition of the Swedish and Finnish solar and onshore wind development business of Njordr AS, the Nordic renewable power subsidiary of Vanir...

April 2, 2025

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SECI Floats Tenders for 4.55 MW Rooftop Solar Projects in Five States

The Solar Energy Corporation of India (SECI) has invited bids for the engineering, procurement, and construction of 4.55 MW of grid-connected rooftop solar projects at multiple educational institutions across Bihar, Chhattisgarh, Sikkim, Assam, and...

April 2, 2025

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CEA Clarifies Energy Storage Integration Applies Only to Future Solar Tenders

The Central Electricity Authority (CEA) has clarified that the mandate requiring renewable energy implementing agencies and state utilities to incorporate a minimum two-hour co-located energy storage system, equivalent to 10% of the installed solar...

April 2, 2025

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Daily News Wrap-Up: Bihar Includes Distributed Renewable Energy in RPO

The Bihar Electricity Regulatory Commission proposed including a new category of distributed renewable energy in its Renewable Power Obligation (RPO) for the financial year (FY) 2030. The proposed targets were published in the draft Bihar...

April 2, 2025

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