fdre

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Central Electricity Regulator Approves Tariffs for 2.4 GW of FDRE Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs of  ₹4.25 (~$0.047)/kWh and ₹4.26 (~$0.047)/kWh for SJVN to procure 1.2 GW of power from firm...

October 1, 2025

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Melvin Mathew

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Energy Storage

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Markets & Policy

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Solar
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ACME and Ceigall Win RUMSL’s 600 MW Solar Plus Storage Auction

ACME Solar Holdings and Ceigall India have won Rewa Ultra Mega Solar’s (RUMSL) auction to develop a 600 MW grid-connected, ground-mounted solar power project with a...

September 22, 2025

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Melvin Mathew

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Energy Storage

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Solar

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Tenders & Auctions
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ACME Secures ₹39 Billion Loan from SBI for 400 MW FDRE Project

ACME Venus Urja, a wholly owned subsidiary of ACME Solar Holdings, has secured a long-term project debt funding of ₹38.92 billion (~$440.13 million) from the State Bank...

September 11, 2025

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Arjun Joshi

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Finance and M&A

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Solar
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Madhya Pradesh Invites Bids to Procure 500 MW Energy Storage from PSPs

The Madhya Pradesh Power Management Company (MPPMCL) has invited bids to procure 500 MW of energy storage capacity from interstate transmission system (ISTS)- connected...

September 4, 2025

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Melvin Mathew

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Energy Storage

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Tenders & Auctions
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ACME Solar Receives Letter of Award for 50 MW FDRE Project from Tata Power

Gurgaon-based ACME Solar Holdings has received a letter of award (LoA) from Tata Power Company’s distribution arm, Tata Power-D, for developing a 50 MW firm and...

September 4, 2025

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Staff

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Market & Policy

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Renewable Energy
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Daily News Wrap-Up: Tata Power Announces Winners of 250 MW FDRE Auction

Juniper Green Energy, Navayuga Engineering Company, ACME Solar Holdings, and Tata Power Renewable Energy won Tata Power Company’s auction to supply 250 MW of firm...

August 20, 2025

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Mercom Staff

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Daily Wrap-up
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Juniper, Navayuga Among Winners of Tata Power’s 250 MW FDRE Auction

Juniper Green Energy, Navayuga Engineering Company, ACME Solar Holdings, and Tata Power Renewable Energy have won Tata Power Company’s auction to supply 250 MW of firm...

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ACME Secures ₹32 Billion from REC for 280 MW FDRE Project

Renewable energy independent power producer ACME Solar Holdings’ wholly owned subsidiary, ACME Hybrid Urja, has secured long-term project financing of ₹31.84...

August 13, 2025

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Staff

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Finance and M&A

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Renewable Energy
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Torrent Power Floats 200 MW FDRE Tender with Battery Energy Storage

Torrent Power has issued a Request for Selection (RfS) to procure 200 MW of firm and dispatchable renewable energy (FDRE) with an energy storage system (ESS) and a...

August 11, 2025

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Staff

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Energy Storage

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Tenders & Auctions
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Uttar Pradesh Regulator Approves Tariffs for 1,280 FDRE Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the power sale agreement (PSA) between Uttar Pradesh Power Corporation (UPPCL) and NHPC for the...

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Central Electricity Regulator Approves Tariffs for NHPC’s 1.2 GW FDRE Projects

The Central Electricity Regulatory Commission (CERC) has approved a tariff ranging from ₹4.48 (~$0.051)/kWh to ₹4.56 (~$0.052)/kWh for NHPC’s 1.2 GW firm and...

July 24, 2025

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Melvin Mathew

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Markets & Policy

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Renewable Energy
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Nearly 8 GW of Renewable Power from SECI Remains Unsold Due to Lack of Offtakers

Nearly 8 GW of renewable energy capacity comprising solar, wind-solar hybrid, solar with battery energy storage systems (BESS), round-the-clock (RTC), and firm and...

July 17, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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BluPine Secures ₹24 Billion for 150 MW Renewable Energy Project in Karnataka

BluPine Energy has secured ₹24.16 billion (~$280.75 million) in debt financing for its 150 MW firm and dispatchable renewable energy (FDRE) power project in Aland,...

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ACME Secures ₹10.72 Billion Refinancing for 250 MW Rajasthan Solar Project

Gurgaon-based ACME Solar Holdings has secured a domestic project finance facility totaling ₹10.72 billion (~$128.38 million) for its wholly-owned subsidiary, ACME Aklera...

June 24, 2025

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Staff

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Finance and M&A

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Solar
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HERC Approves Tariff of ₹4.44/kWh for 400 MW of Renewable Power Procurement

The Haryana Electricity Regulatory Commission (HERC) has approved Haryana Power Purchase Centre’s (HPPC) procurement of 400 MW firm and dispatchable renewable energy...

June 18, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy

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