Other

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IndiGrid Board Approves Capital Raise of Up to ₹15 Billion

IndiGrid Investment Managers (IIML), the investment management arm of IndiGrid, a Mumbai-based power transmission and renewable energy company, has approved a board...

November 14, 2025

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Meghana Prasad

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Finance and M&A

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Grid

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Other
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Daily News Wrap-Up: Union Cabinet Approves Royalty Rates for Critical Minerals

The Union Cabinet approved the specification or revision of the royalty rates for caesium, graphite, rubidium, and zirconium to promote the auction of blocks containing...

November 14, 2025

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Mercom Staff

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Daily Wrap-up
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FTC Solar Beats Analysts’ Expectation in Q3, Revenue Up 157% YoY

U.S.-based solar tracker company FTC Solar’s revenue surged 156.8% year-over-year (YoY) to $26.03 million in the third quarter (Q3) of 2025, from $10.14 million,...

November 14, 2025

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Arjun Joshi

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Finance and M&A

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Other
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NCRTC Installs 28 Solar Panels on Rail Tracks at Duhai Depot in Ghaziabad

The National Capital Region Transport Corporation (NCRTC) has implemented an innovative ‘Solar on Track’ project at the Namo Bharat Depot in Duhai, Ghaziabad, where...

November 13, 2025

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B.S. Nagaraj

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Press Releases

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Solar
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Waaree Energy Storage Raises ₹3.25 Billion in Funding Round Led by Niveshaay

Waaree Energy Storage Systems, the battery energy storage arm of Waaree Energies, has raised ₹3.25 billion (~$36.65 million) as part of a ₹10 billion (~$112.78 million)...

November 13, 2025

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Arjun Joshi

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Energy Storage

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Finance and M&A
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EV Charging Firm ACS Energy Secures ₹11 Million Funding in Pre-Seed Round

Electric vehicle (EV) charging platform, ACS Energy, has raised ₹11 million (~$124,149) in a pre-seed round from Inflection Point Ventures. The funding will be utilized...

November 13, 2025

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Melvin Mathew

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Electric Vehicles

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Finance and M&A

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Grid
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Inox Wind Bags Orders for 100 MW Wind Turbine Generators

Noida-based wind energy solutions company, Inox Wind, has secured orders for a total capacity of 100 MW of Inox Wind’s 3.3 MW wind turbines from a green energy...

November 13, 2025

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Melvin Mathew

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Other Energy

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Wind
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Cabinet Approves Royalty Rates for Four Critical Minerals

The Union Cabinet has approved the specification or revision of the royalty rates for caesium, graphite, rubidium, and zirconium to promote the auction of blocks...

November 13, 2025

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Parth Shukla

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Other

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Press Releases
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BASF India to Procure Power from CleanMax’s 12.21 MW Wind-Solar Project

Chemical products manufacturer BASF India will procure 28,860 MWh of renewable power from a 12.21 MW hybrid wind-solar captive project to be developed jointly with Clean...

November 13, 2025

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Meghana Prasad

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Renewable Energy

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Solar

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Wind
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Daily News Wrap-Up: RVUNL Announces Winners of Solar Consultancy Auction

WAPCOS and Power and Energy Consultants India won Rajasthan Rajya Vidyut Utpadan Nigam’s (RVUNL) auction for consultancy services for preparing feasibility-cum- detailed...

November 13, 2025

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Melvin Mathew

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Daily Wrap-up
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MNRE Announces ₹1 Billion for Biomass-to-Green Hydrogen Pilots

Union Minister of New and Renewable Energy Pralhad Joshi announced a ₹1 billion (~$11.3 million) call for proposals for pilot projects to develop technologies for...

November 12, 2025

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Parth Shukla

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Other Energy

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Renewable Energy

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Waste to Energy
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Epic Energy Board Clears Preferential Warrants for Soleos’ 18% Stake

Integrated clean energy company Epic Energy’s board of directors has approved in principle a proposal to issue and allot share warrants on a preferential basis to Soleos...

November 12, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Renewables Business Drives Tata Power’s Q2 Net Profit Up 14% YoY

Integrated power company, Tata Power, reported a revenue of ₹157.69 billion (~$1.78 billion) in the second quarter (Q2) of the financial year (FY) 2026, a 3%...

November 12, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Torrent Power’s Revenue Up 10% in Q2 FY 2026 on Higher Merchant Power Sales

Gujarat-based Torrent Power‘s revenue from operations increased 10% year-over-year (YoY) to ₹78.76 billion (~$888.76 million) in the second quarter (Q2) of the...

November 12, 2025

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: Mercom India to Host Sixth Edition of Renewables Summit

Mercom India’s flagship Renewables Summit returns for its sixth edition on July 9–10, 2026, at the Hyatt Regency in New Delhi, reaffirming its premier position in the...

November 12, 2025

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Mercom Staff

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Daily Wrap-up

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