Other

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Hero MotoCorp to Invest Additional ₹10 Billion in Ather Energy

Hero MotoCorp has approved an additional investment of up to ₹10 billion (~$104 million) in Ather Energy through a proposed subscription to securities issued on a...

July 15, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: Karnataka, Goa DISCOM Bids Revive Privatization Debate

Recent moves by private players to acquire power distribution licenses have once again brought the debate over the privatization of distribution companies (DISCOMs) to...

July 15, 2026

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Staff

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Daily Wrap-up

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Renewable Energy
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BII, EAAIF Partner to Finance Blueleaf Energy’s Renewable Energy Expansion

UK’s development finance institution and impact investor, British International Investment (BII), has announced the partial syndication of its mezzanine debt...

July 15, 2026

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Meghana Prasad

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Finance and M&A

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Renewable Energy
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Funding and M&A Roundup: Aditya Birla Renewables to Acquire Sprng Energy

From: Mercom Capital Group Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng...

July 15, 2026

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Staff

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Finance and M&A

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Other
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Project Finance Brief: Masdar Closes $5.1 Billion Financing for Solar and Storage Project

From: Mercom Capital Group Masdar (Abu Dhabi Future Energy Company), a UAE-based renewable energy developer, has reached financial close on a $5.1 billion financing...

July 15, 2026

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Staff

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Finance and M&A

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Other
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CERC Proposes FY 2027 Generic Tariffs for Renewable Energy Projects

The Central Electricity Regulatory Commission (CERC) has invited  stakeholder comments on the levelized generic tariffs proposed for renewable energy projects for the...

July 14, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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GERC Seeks Consultants for Progressive Retail Tariff Reforms

The Gujarat Electricity Regulatory Commission (GERC) has invited bids from consultancy firms to assist in preparing a study on the rationalization of the retail...

July 14, 2026

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Parth Shukla

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Other

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Tenders and Auctions
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Daily News Wrap-Up: Industry, Academia Must Fill Renewable Energy Talent Gaps

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...

July 14, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Aditya Birla Renewables to Acquire Sprng Energy for $1.8 Billion

Aditya Birla Renewables (ABRen), the renewable energy subsidiary of Grasim Industries, has signed a definitive agreement to acquire Sprng Energy from Shell Overseas...

July 14, 2026

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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GERC Seeks Consultants to Review and Monitor Capital Investment Plan

The Gujarat Electricity Regulatory Commission (GERC) has invited bids from consultancy firms to assist with the scrutiny, review, approval, and monitoring of the capital...

July 14, 2026

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Rakesh Ranjan

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Grid

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Tenders and Auctions
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The Complete Guide to Power Trading in India for C&I Consumers

Do you know that if your facility has a sanctioned load of 1 MW or more, you can buy cheaper electricity directly from the national market right now? Most commercial and...

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EV Platform Milo Drive Raises $2.4 Million in Seed Funding Round

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,...

July 13, 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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ReNew, Mitsui Ink $730 Million Refinancing for 320 MW RTC Project

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)...

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Peak Energy to Set Up 4 GWh Sodium-ion Battery Storage Plant in Sacramento

Peak Energy has announced it will set up a facility to manufacture up to 4 GWh of grid-scale sodium-ion battery energy storage systems annually, in Sacramento,...

July 13, 2026

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B.S. Nagaraj

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Energy Storage

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Press Releases
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Saint-Gobain Invites Bids for Group Captive Wind-Solar Hybrid Project in Tamil Nadu

Saint-Gobain India has invited bids for long-term renewable power supply to its Oragadam plant in Tamil Nadu. The company is evaluating a group captive hybrid solution...

July 13, 2026

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Rakesh Ranjan

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Renewable Energy

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Tenders and Auctions

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