Other

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Torrent Power Issues Non-Convertible Debentures Worth ₹20 Billion

Gujarat-based Torrent Power has raised ₹20 billion (~$216.58 million) through private placement of secured, non-convertible debentures (NCDs). The debenture issue...

March 10, 2026

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Melvin Mathew

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Finance and M&A

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Grid
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Assam Retains Existing Power Tariffs for FY 2027 Despite Revenue Gap

The Assam Electricity Regulatory Commission (AERC) has approved retail power tariffs for the financial year (FY) 2027, ranging from ₹3.35 (~$0.036)/kWh for low-tension...

March 10, 2026

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Parth Shukla

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Markets & Policy

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Other
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POWERGRID to Raise ₹50 Billion Loan, Divest Stake in CTUIL

Powergrid Corporation of India’s (POWERGRID) board has approved raising up to ₹50 billion (~$541.45 million) through an unsecured rupee term loan or line of credit from...

March 10, 2026

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Rakesh Ranjan

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Finance and M&A

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Grid
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Daily News Wrap-Up: Energy Storage Tariff Drop Raises Project Execution Risks

India’s standalone battery energy storage system tenders and storage-linked renewable energy auctions have seen bid prices fall sharply, intensifying concerns over...

March 10, 2026

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Mercom Staff

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Daily Wrap-up
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Madhya Pradesh Invites Bids from Consultants to Analyze DISCOM Subsidy Demands

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has invited bids from consultants to provide support for analyzing quarterly reports on subsidy demands...

March 10, 2026

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Melvin Mathew

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Grid

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Tenders and Auctions
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Renewables Accounted for 58.6% of Germany’s Electricity Generation in 2025

Renewables accounted for 58.6% of the electricity fed into Germany’s grid in 2025, slightly lower than 59.5% in 2024, according to preliminary data released by the...

March 10, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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GERC Allows Revisions in Torrent Power’s 200 MW FDRE Tender Terms

The Gujarat Electricity Regulatory Commission (GERC) has partly allowed a petition filed by Torrent Power seeking approval for deviations for procurement of firm and...

March 9, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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MENA Weekly Round-Up: Egypt Plans to Add 2.5 GW of Renewables to the Grid

Egypt has announced plans to add 2,500 MW of renewable energy capacity to the country’s electricity grid before next summer. The country also discussed...

March 9, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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PFC Consulting Floats Tender for Smart Meter Service Providers

PFC Consulting has invited bids for appointing Advanced Metering Infrastructure (AMI) service providers for the installation of 125,000 smart meters across the Chennai,...

March 9, 2026

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Meghana Prasad

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Smart Grid

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Tenders and Auctions
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Daily News Wrap-Up: CERC Extends Connectivity Deadline for Delayed Projects

The Central Electricity Regulatory Commission (CERC) granted conditional relief to renewable energy developers whose interstate transmission system connectivity was...

March 9, 2026

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Mercom Staff

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Daily Wrap-up
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CERC Allows Connectivity Extension for Delayed Renewable Projects

The Central Electricity Regulatory Commission (CERC) has granted conditional relief to renewable energy developers whose interstate transmission system connectivity was...

March 6, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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IL&FS Mutual Fund Commits ₹1.25 Billion Investment in Hero Solar Energy

Infrastructure debt fund IL&FS Mutual Fund has committed an investment of ₹1.25 billion (~$13.63 million) in Hero Solar Energy, part of renewable energy developer...

March 6, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Bank of Baroda Raises ₹100 Billion Through Green Infrastructure Bonds

Bank of Baroda has raised ₹100 billion (~$1.1 billion) through green infrastructure bonds to support long-term funding for renewable energy and sustainable...

March 6, 2026

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Parth Shukla

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Finance and M&A

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Renewable Energy
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Daily News Wrap-Up: Karnataka Revises Power Tariffs

The Karnataka Electricity Regulatory Commission allowed a review petition filed by the state’s electricity distribution companies (DISCOMs) and revised tariffs for...

March 6, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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ChargePoint’s Revenue Up 7% YoY in Q4 FY 2026, Net Loss Down 48%

U.S.-based electric-vehicle charging solutions company ChargePoint reported revenue of $109.3 million in the fourth quarter (Q4) of fiscal year (FY) 2026, a 7%...

March 6, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A

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