Author: Arjun Joshi

About Arjun Joshi

Arjun Joshi, Staff reporter at Mercom India More articles from Arjun Joshi.
Arjun Joshi is a staff reporter at Mercom India. Before joining Mercom, he worked as a technical writer for enterprise resource software companies based in India and abroad. He holds a bachelor’s degree in Journalism, Psychology, and Optional English from Garden City University, Bangalore. More articles from Arjun Joshi.

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JSW Energy’s Q4 Profits Up 22% as Renewable Generation Surges by 124%

Independent power producer JSW Energy reported a net profit of ₹3.43 billion (~$41.07 million), a jump of 22% year-over-year (YoY) in the fourth quarter (Q4) of the...

May 8, 2024

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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Delhi High Court Quashes CBIC’s Revocation of Duty Deferment for Solar Projects

The Delhi High Court has quashed a Customs Department circular and show cause notices issued by the Central Board of Indirect Taxes and Customs (CBIC) revoking the...

May 8, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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RERC Approves Purchase of 3 GW of Solar Power Under PM KUSUM

Rajasthan Electricity Regulatory Commission (RERC) has approved Jodhpur Vidyut Vitran Nigam’s (JdVVNL) petition to purchase 2,929.8 MW of power from 1,111 solar...

May 8, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Meghalaya Allows Green Open Access for Consumers with 100 kW Load

Consumers with a minimum contracted demand or sanctioned load of 100 kW can access Green Energy Open Access, according to the Meghalaya State Electricity Regulatory...

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MAHAPREIT Floats Consultancy Tender to Verify Land for 2.5 GW Solar Projects

Mahatma Phule Renewable Energy & Infrastructure Technology (MAHAPREIT) has invited bids to empanel agencies to verify land titles and measure land parcels spanning...

May 7, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Inox Wind Maintains Growth Momentum, Records 190% Surge in Q4 Revenue

Wind energy solutions provider Inox Wind reported a profit after tax of ₹376.7 million (~$4.51 million) for the fourth quarter (Q4) of the financial year (FY) 2024 from...

May 7, 2024

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Arjun Joshi

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Finance and M&A

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Wind
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NTPC REL Floats Land and Transmission Package Tender for 900 MW Solar Project

NTPC Renewable Energy (NTPC REL) has invited bids for land and power evacuation packages to develop 900 MW interstate transmission system (ISTS)-connected solar power...

May 6, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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DISCOM Dues to Power Generators in April Drop to ₹652 Billion

State distribution companies (DISCOMs) owed power generators ₹652.16 billion (~$7.81 billion) in total dues for the monthly billing cycle in April 2024, according to...

May 3, 2024

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Arjun Joshi

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Grid
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Green Energy Trade at IEX Up by 44% in April, REC Prices Plummet by 80%

The Indian Energy Exchange (IEX) traded 402 million units (MU) of green energy in April 2024, a 44% year-over-year (YoY) increase from 280 MU. The Exchange, in total,...

May 3, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Month in a Minute: Top Headlines from Indian Renewable Sector in April 2024

The solar sector secured $8.1 billion in corporate funding through 41 transactions in the first quarter (Q1) of 2024, marking a 4% decrease from the $8.4 billion raised...

May 3, 2024

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Arjun Joshi

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Other

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Renewable Energy
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SJVN Invites Bids to Develop 1.2 GW ISTS-Connected Solar Projects

SJVN has invited bids from developers to set up 1.2 GW interstate transmission system (ISTS)-connected solar power projects anywhere in India under tariff-based...

May 2, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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REC’s Q4 Net Profit Up by 33% to ₹41 Billion, Loan Approvals for Renewables Surge

Public infrastructure finance company REC Limited recorded a total income of ₹127.07 billion (~$1.52 billion) for the fourth quarter (Q4) of the financial year (FY)...

May 2, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Global Renewable Energy Capacity to Reach 7.3 TW by 2028: IEA

Under current policies and market conditions, the global renewable capacity is projected to hit 7,300 GW by 2028. However, this trajectory falls short of the goal to...

May 2, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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EU Approves Net-Zero Industry Act to Boost Local Clean Technology Production

The European Parliament has approved the Net-Zero Industry Act to enhance net-zero technology production within the European Union. The Act targets Europe to produce 40%...

May 2, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Indian Oil Floats Consultancy Tender for Renewable Projects Across India

Indian Oil Corporation (IOCL) has invited bids from technical consultants for project management consultancy services to set up renewable energy projects at various...

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