APM Projects won Delhi Metro Rail Corporation’s (DMRCL) auction to set up 5 MW of rooftop solar systems over its Phase-IV metro rail network under RESCO Mode. APM quoted a tariff of ₹3.68 (~$0.0407)/kWh to win the auction. The tender was issued in July last year. The rooftop solar systems will be installed at 15 elevated metro rail stations.

The Central Electricity Regulatory Commission (CERC) adopted tariffs ranging from ₹3.09 (~$0.0342)/kWh to ₹3.10 (~$0.0343)/kWh, as determined through NHPC’s auction, to develop 1,200 MW interstate transmission system-connected solar power projects with energy storage systems.

India’s first virtual net metering rooftop solar project under the PM Surya Ghar program has been implemented at a residential apartment in Raipur, Chhattisgarh. The project has delivered meaningful electricity savings for 20 households since it was commissioned four months ago. The 60 kW rooftop solar system installed at Parthivi Pacific Apartments is expected to deliver annual savings of ₹630,000 (~$6,980), translating to savings of about ₹31,500 (~$349) per household on electricity bills.

PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation, invited bids to select transmission service providers to establish an interstate transmission system (ISTS) for the integration of the Krishnagiri Renewable Energy Zone Phase-I in Andhra Pradesh on a build, own, operate, and transfer basis.

REC Power Development and Consultancy invited bids to develop an ISTS to augment the Kankani 400 kV grid substation to 765 kV, along with associated transmission lines, to evacuate 2.8 GW of renewable energy in Rajasthan. The project will evacuate renewable power from the Barmer and Jaisalmer regions to load centers around Jodhpur.

NTPC Green Energy’s wholly-owned subsidiary, NTPC Renewable Energy, commissioned 300 MW out of the total capacity of 500 MW at the Bhadla solar project in Phalodi, Rajasthan. The commercial operation of the commissioned capacity commenced on January 13, 2026.

CEAT, a multinational tire manufacturing company, will procure renewable energy from 59 MW of wind–solar hybrid power projects under the group captive mode. The project is developed by Clean Max Como and Clean Max Emerald, two special-purpose vehicles (SPV) of CleanMax. These projects will supply electricity to CEAT’s manufacturing facilities in Halol, Gujarat, and Kanchipuram, Tamil Nadu.

Mumbai-based Himadri Speciality Chemical announced an additional capital injection of AU$10.49 million (~$7.01 million) in Australia-based Sicona Battery Technologies, a developer of materials for lithium-ion batteries. The investment is aimed at subscribing to 3.793 million compulsorily convertible notes (CCNs) with a face value of AU$1.00 (~$0.67) each.

Module Manufacturer Alpex Solar received an order for the supply of solar modules, valued at ₹2.15 billion (~$25.9 million) from an Indian industrial entity. The module supply must be completed in six months. Alpex Solar is currently executing a large-scale expansion program, which is expected to be fully operational in the financial year (FY) 2026–27.

SJVN Green Energy, SJVN’s renewable energy arm, commissioned Assam’s first utility-scale solar project. The 70 MW solar project in the Dhubri district of the state is also SJVN’s first operational solar power project in the northeastern region. The project was inaugurated by Assam Chief Minister Himanta Biswa Sarma.

Ahmedabad-based chemicals manufacturer Meghmani Organics signed an agreement with Pro-Zeal Green Power Fifteen, an SPV of Prozeal Green Energy, to procure 2.2 MW of wind-solar hybrid power as a captive consumer. Meghmani will invest ₹36.3 million (₹401,928.85) to acquire a 26% stake in Pro-Zeal Green Power Fifteen.

Sterling and Wilson Renewable Energy reported a consolidated revenue from operations of ₹20.92 billion (~$231.42 million million) for the third quarter (Q3) of FY 2026, a 14% year-over-year (YoY) increase from ₹18.37 billion (~$203.21 million). The company’s profit after tax stood at ₹15.5 million (~$171,449.75), down 91% from ₹171.4 million (~$2 million) in the same quarter of the previous year.

Waaree Renewable Technologies, the engineering, procurement, and construction arm of the Waaree Group, reported a consolidated revenue from operations of ₹8.51 billion (~$94.27 million) for Q3 of FY 2026, a 136.18% YoY increase from ₹3.60 billion (~$39.93 million). Earnings before interest, taxes, depreciation, and amortization stood at ₹1.59 billion (~$17.61 million), a 120.79% increase from ₹719.2 million (~$7.97 million) in the same quarter of the previous year.