tata-power

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Daily News Wrap-Up: India’s Rooftop Solar Installations Reach 1.7 GW in 2023

India installed 1.7 GW of rooftop solar capacity in 2023, the second-highest annual installation numbers on record, according to Mercom India Research’s newly...

March 4, 2024

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Mercom Staff

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Daily Wrap-up
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MERC Approves Tariffs for Tata Power’s 225 MW Wind-Solar Hybrid Projects

The Maharashtra Electricity Regulatory Commission (MERC) has approved Tata Power Company – Distribution’s (TPC-D) adoption of tariffs of ₹3.27 (~$0.0394)/kWh and...

March 1, 2024

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Staff

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Renewable Energy
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SECI Commissions 120 MWh Battery Energy Storage System in Chhattisgarh

The Solar Energy Corporation of India (SECI) has commissioned a 40 MW/120 MWh Battery Energy Storage System (BESS) project associated with a 100 MW solar power project...

February 26, 2024

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Satish Shetty

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Energy Storage

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Market & Policy
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Corporate Buying of Clean Energy Increased 12% in 2023: BNEF

Corporations announced a record 46 GW of solar and wind contracts in 2023, with a 12% year-over-year (YoY) increase from 41 GW in 2022, according to Bloomberg New Energy...

February 19, 2024

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Staff

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Other

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Renewable Energy
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Daily News Wrap-Up: India’s Solar Generation Up 10% YoY in 2023

India generated around 104.83 billion units (BU) of solar power in the calendar year 2023, a 10.17% increase from 95.15 BU generated in 2022, according to the recent...

February 13, 2024

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Mercom Staff

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Daily Wrap-up
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Tata Power Reports Net Profit for 17th Consecutive Quarter in Q3 FY 2024

Tata Power, an integrated power company, recorded a net profit of ₹10.76 billion (~$129.6 million) in the third quarter (Q3) of the financial year (FY) 2024, a growth of...

February 12, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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MERC Approves ₹491.2 Million Compensation for Tata Power for GST Hike

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Tata Power Company Limited – Distribution (TPC-D), a  distribution company (DISCOM), to...

December 1, 2023

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Staff

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Markets & Policy

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Renewable Energy
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Tata Power, Havells, Enerparc Top Rooftop Solar Installers List in 1H 2023

The top rooftop solar installers in India during the first half (1H) of the calendar year (CY) 2023 were Tata Power Solar, Havells India, Enerparc Energy, Amplus Solar,...

November 13, 2023

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Debojyoti Nath

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Mercom Research Focus

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Rooftop

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Solar
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Leading Solar EPC Companies in 1H 2023: Prozeal Green, Tata Power, Vikram Solar

Prozeal Green Energy, Tata Power Solar, Vikram Solar, Waaree Renewable Technologies, and Opera Energy emerged as the top utility-scale solar engineering, procurement,...

November 9, 2023

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Urvashi Gupta

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Mercom Research Focus

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Solar

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Utility Scale
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Tata Power Reports Net Profit of ₹10 Billion in Q2 FY24, Up 9% YoY

Tata Power, an integrated power company, clocked a net profit of ₹10.2 billion (~$122.5 million) in the second quarter (Q2) of the financial year (FY) 2024, marking a...

November 8, 2023

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Arjun Joshi

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Other

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Renewable Energy
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ACME, Juniper and Tata Power Among Winners of SJVN’s 1.5 GW Renewable Auction

ACME Cleantech Solutions, Juniper Green Energy, Tata Power Renewable Energy, Solarcraft Power India (Blupine), TEQ Green Power XVI (O2 Power), Hero Solar Energy, and...

November 8, 2023

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Arjun Joshi

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Renewable Energy

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Tenders and Auctions
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Daily News Wrap-Up: Ministry Allows Multiple Users Under Group Captive Model

The Ministry of Power, in recent amendments to the Electricity Rules, 2005, has reverted to the previous regulation, allowing collective captive users to hold the...

September 7, 2023

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Mercom Staff

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Daily Wrap-up
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Juniper Green and Tata Power Renewable Win 225 MW Wind-Solar Hybrid Auction

Juniper Green Energy and Tata Power Renewable Energy (TPREL) have won Tata Power’s auction to develop and procure power from 225 MW of grid-connected intrastate and...

September 6, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: SJVN tenders BOS Package for 75 MW Solar Project in Bihar

SJVN Green Energy has invited bids to supply a balance of system package and comprehensive operation and maintenance for three years for a 75 MW grid-connected solar...

August 11, 2023

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Mercom Staff

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Daily Wrap-up
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Tata Power’s Residential Rooftop Solar Business Grew 87% YoY in Q1 FY24

Tata Power, an integrated power company, reported a net profit of ₹11.41 billion (~$137.71 million) in the first quarter (Q1) of the financial year (FY) 2024, marking a...

August 10, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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