adani

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MERC Approves Tariff for Adani Electricity’s Wind Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved the adoption of a tariff of ₹3.65 (~$0.0421)/kWh for Adani Electricity Mumbai (AEML-D) to procure...

March 19, 2025

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Staff

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Market & Policy

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Wind
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Adani, Sprng, Mahindra and Avaada Win NHPC’s 1.2 GW Hybrid Power Auction

Adani Renewable Energy Holding Twelve (Adani Green Energy), Sprng Vayu Vidyut (Sprng Energy), Illuminate Hybren (Mahindra Susten), and Avaada Energy have won NHPC’s...

March 11, 2025

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Tina Freese

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Solar

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Tenders & Auctions

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Wind
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Adani Green Refinances $1.06 Billion Loan for Wind-Solar Projects in Rajasthan

Adani Green Energy (AGEL) has completed a long-term refinancing of $1.06 billion (~₹92.56 billion) for developing wind-solar projects in Rajasthan. This company’s maiden...

March 3, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Daily News Wrap-Up: JSW, Oriana, Rays Among Winders of RUVNL’s BESS Auction

Solarworld Energy Solutions, Oriana Power, Rays Power Experts, and JSW Neo Energy (JSW Energy) won Rajasthan Rajya Vidyut Utpadan Nigam’s auction to set up 500 MW/1,000...

January 27, 2025

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Mercom Staff

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Daily Wrap-up
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Adani Bags $2.89 Billion 6 GW Renewable Energy Transmission Project

Adani Energy Solutions (AESL) has won REC Power Development and Consultancy’s (RECPDCL) ₹250 billion (~$2.89 billion) Bhadla-Fatehpur High Voltage Direct Current (HVDC)...

January 21, 2025

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Melvin Mathew

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Grid

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T&D
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MERC Allows Deviations in Adani Electricity’s 1 GW RTC Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has approved Adani Electricity Mumbai Limited’s (AEML-D) deviations to procure 1,500 MW of power from renewable...

January 20, 2025

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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Solar Module Capacity Under ALMM Rises to 64,568 MW

The Ministry of New and Renewable Energy has updated the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic modules. The cumulative module...

January 7, 2025

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daily News Wrap-Up: Adani, AMPIN, Jindal Win NTPC’s 1.2 GW Hybrid Auction

JSP Green, Adyant Enersol, Green Prairie Energy IV, AMPIN Energy Utility, Adani Renewables Energy Holding Twelve won NTPC’s auction to supply 1,200 MW wind-solar hybrid...

January 2, 2025

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Mercom Staff

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Daily Wrap-up
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Over 9.2 GW of Solar Power from SECI Remains Unsold Due to Lack of Offtakers

Over 9,200 MW of renewable energy capacity comprising solar, wind-solar hybrid, solar with battery energy storage systems (BESS), and firm and dispatchable energy (FDRE)...

December 4, 2024

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B.S. Nagaraj

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Solar

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Tenders & Auctions
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Companies Dominating the Indian Solar Market in 1H CY 2024

The latest Mercom India Solar Market Leaderboard for 1H 2024 showcases the leading companies dominating the solar sector in the first half (1H) of the calendar year (CY)...

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Funding and M&A Roundup: Green Gravity Raises $6 Million in Series A Funding

From: Mercom Capital Group Green Gravity, a gravity-based energy storage solutions developer, raised AU$9 million (~$6 million) in a Series A funding to complete product...

October 23, 2024

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Staff

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Finance and M&A

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Solar
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Adani Enterprises Raises ₹42 Billion via Qualified Institutional Placement

Multi-business conglomerate Adani Enterprises has completed a Qualified Institutional Placement (QIP) of equity shares, each with a face value of ₹1 (~$0.012), raising...

October 17, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Google Partners With CleanMax, Adani for Renewable Energy Supply

Technology company Google has partnered with clean energy companies Adani Group and CleanMax Enviro Energy Solutions (CleanMax) to power its offices in India with...

October 3, 2024

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Staff

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C&I

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Open Access

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Solar

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Wind
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Adani Green to Supply 5 GW of Solar Power from Khavda to Maharashtra

Adani Green Energy has received a letter of intent (LoI) from the Maharashtra State Electricity Distribution Company (MSEDCL) to supply 5 GW of solar power from the...

September 16, 2024

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Staff

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Renewable Energy

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Solar

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T&D
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Adani Green Redeems $750 Million Holdco Notes

Adani Green Energy (AGEL) has redeemed $750 million 4.375% Holdco Notes through a fully funded redemption reserve account maintained since January 2024. In January 2024,...

September 10, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy

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