bess

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Himachal Pradesh Tenders 6 MW Solar, 4.2 MWh Battery Storage Project

The Himachal Pradesh Power Corporation (HPPCL) has floated a tender to set up a 6 MW solar project with a 2.1 MW/4.2 MWh battery energy storage system (BESS) at Tihra...

March 10, 2026

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Parth Shukla

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Energy Storage

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Solar

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Tenders & Auctions
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UltraTech Cement to Procure Solar Power from Sunsure’s 14 MW Project

UltraTech Cement, an Aditya Birla Group company, has signed an energy supply agreement, and share subscription and a shareholders agreement to source power from Sunsure...

March 9, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Execution Risks Loom for Indian Battery Storage Developers as Tariffs Drop Sharply

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

March 9, 2026

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Meghana Prasad

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Energy Storage

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Mercom Research Focus
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POWERGRID Invites Bids for 100 MW/200 MWh Battery Storage Project in Punjab

Power Grid Corporation of India (POWERGRID) has invited bids to set up a 100 MW/200 MWh battery energy storage system (BESS) at the 220 kV Bhatinda substation in Punjab....

March 9, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Month in a Minute: Top Headlines from the Indian Renewable Sector in February 2026

India recorded its highest-ever annual solar capacity addition in the calendar year 2025, installing 36.6 GW, a 43% increase over the 25.6 GW added in 2024, according to...

March 5, 2026

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Melvin Mathew

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Markets & Policy

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Solar
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Daily News Wrap-Up: Top Five States for Solar Open Access Installations

India added 7.8 GW of solar open access capacity in 2025, the highest addition recorded in any calendar year, according to the Q4 and Annual 2025 Mercom India Solar Open...

March 5, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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POWERGRID Floats Tenders to Set Up 300 MW/600 MWh Battery Storage Systems

Power Grid Corporation of India (POWERGRID) has floated tenders to set up three standalone battery energy storage systems (BESS) of 100 MW/200 MWh each in Punjab. One...

March 5, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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POWERGRID Floats Tenders to Set Up 150 MW/300 MWh Battery Storage Systems

Power Grid Corporation of India (POWERGRID) has floated two tenders inviting bids to set up 150 MW/300 MWh standalone battery energy storage systems (BESS) in Punjab....

March 3, 2026

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Arjun Joshi

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Energy Storage

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Tenders & Auctions
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TNERC Adopts Tariff for 375 MW/1,500 MWh Battery Energy Storage Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has adopted tariffs of ₹315,000 (~$3,459)/MW/month and ₹316,000 (~$3,470)/MW/month for 375 MW/1,500 MWh battery...

March 2, 2026

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Meghana Prasad

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Energy Storage

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Market & Policy
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Coal India and Onward Solar Win SECI’s 125 MW/500 MWh Standalone BESS Auction

Coal India and Onward Solar Power have won Solar Energy Corporation of India’s (SECI) auction to set up six standalone battery energy storage systems (BESS) in Odisha,...

March 2, 2026

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Rakesh Ranjan

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Energy Storage

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Tenders & Auctions
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Tripura Issues Tender for 50 MW/200 MWh of Battery Energy Storage

The Tripura State Electricity Corporation (TSECL) has issued an expression of interest to set up 50 MW/200 MWh of standalone battery energy storage systems (BESS) at...

February 26, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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Bondada Secures ₹5 Billion Loan from Canara Bank for 400 MWh BESS

Hyderabad-based Bondada Engineering has received approval for credit facilities of ₹5 billion (~$55.01 million) from Canara Bank to fund the debt portion of its  200...

February 26, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A
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WindForce Secures Order for 12 Standalone Energy Storage Projects in Sri Lanka

Sri Lanka-based renewable energy developer WindForce has secured a letter of award from the Ceylon Electricity Board (CEB) to set up 12 standalone battery energy storage...

February 23, 2026

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Parth Shukla

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Energy Storage

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Other
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Global Lithium-Ion Battery Market Surpassed $150 Billion in 2025: IEA

The global lithium-ion battery market exceeded $150 billion in 2025, up 20% from 2024, according to an International Energy Agency (IEA) report. The report noted that...

February 20, 2026

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Melvin Mathew

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Energy Storage

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Finance and M&A
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Strong Domestic Policy Support, Scale May Moderate India BESS Prices: Interview

Backed by a robust viability gap funding (VGF) program and declining prices, India is witnessing significant growth in the deployment of battery energy storage systems...

February 20, 2026

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Melvin Mathew

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Energy Storage

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