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Sarala, Oriana and Pace win KPTCL’s 1 GWh Standalone BESS Auction

Sarala Project Works, Oriana Power, and Pace Digitek are winners in Karnataka Power Transmission Corporation’s (KPTCL) auction to set up 500 MW/1,000 MWh grid-connected standalone battery energy storage systems (BESS) to manage pe...

April 3, 2025

Mercom Research Focus

Government Tightens Solar Cell Manufacturing Norms

The Ministry of New and Renewable Energy (MNRE) has mandated that only solar cells manufactured using undiffused wafers will qualify under the Domestic Content Requirement (DCR) policy, effectively prohibiting the use of “blue” or...

April 3, 2025

Mercom Research Focus

The Top Five States for Solar Open Access Installations in CY 2024

India installed 6.9 GW of solar open access capacity in the calendar year 2024, 77% more than the 3.9 GW installed in 2023, a record for annual capacity additions, according to Mercom’s Q4 & Annual 2024 India Solar Open ...

April 3, 2025

Mercom Research Focus

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

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Madhya Pradesh Increases Power Tariffs Across All Categories

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has issued a new retail electricity tariff order for the financial year (FY) 2025-26, leading to an increase in power charges across all consumer categories. The determined tariffs will...

April 3, 2025

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Andhra Pradesh Retains Last Year’s Electricity Tariffs for FY 2026

The Andhra Pradesh Electricity Regulatory Commission has announced the tariff for the retail sale of electricity for the financial year (FY) 2026. According to the new order, the tariffs for commercial, industrial, and domestic consumers in Andhra...

April 3, 2025

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Assam Aims for 11.7 GW Renewable Energy Capacity by 2030

The Assam government has proposed adding 11,700 MW of renewable energy capacity by the end of the financial year (FY) 2030. In its Assam Integrated Clean Energy (ICE) Policy 2025, which will be applicable for the next five years, the state has said...

April 3, 2025

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Rajasthan Commission Adopts Tariff for JVVNL’s 12.02 MW Solar Projects

The Rajasthan Electricity Regulatory Commission (RERC) has approved Jaipur Vidyut Vitran Nigam’s (JVVNL) petition to approve tariff for 12.02 MW solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan...

April 3, 2025

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ACME Solar Secures ₹24.91 Billion Refinancing to Cut Debt Costs

Gurgaon-based ACME Solar Holdings has secured a ₹24.91 billion (~$298.92 million) long-term refinancing facility for 18 to 20 years from the State Bank of India and REC at a reduced weighted average interest rate of 8.8%. ACME Solar will use the...

April 3, 2025

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Chhattisgarh Regulator Approves ₹3.50/kWh as Tariff for 310 MW Solar Project

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has approved a tariff of ₹3.50 (~$0.0409)/kWh for procuring 310 MW of solar power under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM KUSUM) Component C....

April 3, 2025

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Karnataka Issues Procedure for Verifying Status of Captive Power Projects

Karnataka Electricity Regulatory Commission has issued the procedure for data collection, scrutiny and verification of the captive status of power projects and their users in the state. The status of captive power projects and captive users will be...

April 3, 2025

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Month in a Minute: Top Headlines from the Indian Renewable Sector in March 2025

India installed 3.2 GW of rooftop solar capacity in 2024, an 86% increase from 2023, according to Mercom India Research’s newly released Q4 & Annual 2024 India Rooftop Solar Market Report.  The capacity additions were mainly driven by the record...

April 3, 2025

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