fdre

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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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HPCL Tenders Monitoring and Analytics System for 3.3 GW Renewable Projects

HPCL Renewable and Green Energy (HPRGE) has issued a tender to set up a central monitoring and analytics system for four renewable energy projects with a cumulative...

June 10, 2025

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Tina Freese

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: Top Robotic Solar Module Cleaning Equipment Suppliers in 2024

Taypro, Langfang Sol-Bright New Energy Technology, Airtouch Solar, Vayu Solar, and LEAPTING were the top five robotic solar module cleaning equipment suppliers to the...

June 4, 2025

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Mercom Staff

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Daily Wrap-up
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Power Ministry Amends Bidding Guidelines for Renewable Energy Projects

The Ministry of Power (MOP) has amended its tariff-based competitive bidding process guidelines for procuring power from wind, solar, wind-solar hybrid, and firm and...

February 20, 2025

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Tina Freese

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Market & Policy

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Renewable Energy
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India’s Installed Wind Capacity Rose 45% YoY in Q4 2024

India added over 800 MW of wind power capacity in the fourth quarter (Q4) of calendar year (CY) 2024, up 45.1% year-over-year (YoY) from 551 MW. The capacity additions...

January 31, 2025

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Sowndhiga U

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Mercom Research Focus

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Wind
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ACME Renewtech Secures ₹19.88 Billion for 300 MW Wind-Solar Hybrid Project

ACME Renewtech, a subsidiary of solar energy company ACME Solar Holdings, has secured  ₹19.88 billion (~$232.3 million) in term loan financing from the Power Finance...

December 27, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: NHPC’s 1.2 GW Tranche VI FDRE Auction Results

Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings have won NHPC’s Tranche VI auction to supply 1,200 MW of firm and...

December 12, 2024

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Mercom Staff

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Daily Wrap-up
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ACME Secures ₹37 Billion Loan from REC for 320 MW FDRE Projects

ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings, has secured a ₹37.53 billion (~$444.68 million) loan from REC Limited to develop 320 MW Firm and...

November 18, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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Hexa Climate, ACME Solar, Avaada Energy Win NTPC’s 1.2 GW FDRE Auction

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy are winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable power with assured peak power...

November 8, 2024

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Priya Sanjay

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Renewable Energy

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Tenders & Auctions
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MERC Approves MSEDCL’s Plea to Procure 1,468 MW Firm Renewable Power

The Maharashtra Electricity Regulatory Commission (MERC) has given the green light for Maharashtra State Electricity Distribution Company (MSEDCL) to procure 1,468 MW of...

October 17, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Hero, Zelestra, Juniper, ReNew, Avaada Win SJVN’s 1.2 GW FDRE II Auction

Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada won SJVN’s auction to supply 1,200 MW firm and dispatchable power from inter-state...

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Singareni Collieries Invites Bids for DPRs of Renewable Energy Projects

Government coal-mining company Singareni Collieries (TSCCL) has floated a tender for the preparation of a detailed project report (DPR) for 500 MW round-the-clock firm...

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SECI Invites Bids for 8 GWh Peak Power Supply from Renewable Projects

The Solar Energy Corporation of India (SECI) has invited bids from developers for the assured peak supply of 8,000 MWh (2000 MW x 4 hours) of renewable energy from...

September 13, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions

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