The Arunachal Pradesh State Electricity Regulatory Commission (APSERC) has approved a net Aggregate Revenue Requirement (ARR) of ₹62.14 million (~$648,686) for the State Load Dispatch Center (SLDC) for FY 2026-27, against the ₹72.73 million (~$759,...

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved two 25-year power purchase agreements (PPAs) and adopted tariffs of ₹2.65 (~$0.0276)/kWh and ₹2.71 (~$0.0283)/kWh for 75 MW and 35 MW solar projects in the Kanpur Dehat and...

India’s renewable energy industry is expanding rapidly, but the availability of job-ready talent has not kept pace with the sector’s growth, panelists said at the Mercom India Renewables Summit 2026. Speaking at the session “Bridging the Renewable...

Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng Energy from Shell Overseas Investment for an enterprise value of ₹172 billion (~$1.8 billion). ABRen will...

The Gujarat Electricity Regulatory Commission (GERC) has invited bids from consultancy firms to assist with the scrutiny, review, approval, and monitoring of the capital investment plan and related matters. The scope of work includes assistance in...

Gurugram-based electric vehicle (EV) mobility platform, Milo Drive, has raised $2.4 million (~₹228.59 million) in a seed funding round led by Caret Capital. Antler, Alteria Capital, IAN Capital, Climate Angels, and Aureolis Capital were among the...

Decarbonization solutions company ReNew and Japan’s Mitsui have inked a $730 million (~₹69.53 billion) multi-currency refinancing for its 320 MW round-the-clock (RTC) renewable energy project in Tamil Nadu. Societe Generale Corporate and Investment...

Avaada Electro, the solar manufacturing arm of Avaada Group, has commissioned the first 3 GW production line at its planned 6 GW N Type Tunnel Oxide Passivated Contact (TOPCon) solar cell manufacturing facility in Butibori, Nagpur, Maharashtra. The...