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CERC Grants Solar Developers Compensation Under Change in Law Due to GST

The Central Electricity Regulatory Commission (CERC) has ruled that developers are entitled to compensation in lieu of higher expenses incurred for 100 MW solar power...

July 17, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Sembcorp to Acquire Vector Green’s Solar and Wind Portfolio of 583 MW

Singapore-based renewable energy company Sembcorp’s wholly-owned subsidiary Sembcorp Green Infra Limited has entered into an agreement with India Infrastructure Fund II,...

November 14, 2022

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Gautamee Hazarika

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Renewable Energy

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Solar

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Wind
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India’s Top Five Announced Solar Project Funding Deals of 2021 [Infographics]

Project funding activity in 2021 exceeded pre-Covid-19 levels. A total of $6.69 billion was invested in the solar sector in the first nine months of 2021, a 400%...

December 29, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Vector Green Energy Secures ₹11 Billion Loan from IREDA for its Solar Portfolio

The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of ~₹11 billion (~$146.43 million) to Vector Green Energy, a Mumbai-based independent power...

October 11, 2021

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Arjun Joshi

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Finance and M&A

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Solar
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Solar ALMM Enlistment to Take Longer Than Expected

In its initial steps towards reducing India’s dependence on solar imports and self-reliance, the Ministry of New and Renewable Energy (MNRE), as early as 2018,...

April 23, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Torrent Power and Adani Green Winners in Gujarat’s 300 MW Solar Auction

Torrent Power Generation and Adani Green Energy are winners in Torrent Power Limited’s auction to develop 300 MW of grid-connected solar projects in Gujarat. Adani Green...

February 19, 2021

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Vector Green Completes Refinancing of Two Solar Projects in Telangana

Vector Green Energy has completed the refinancing of two solar projects with 223 MW of combined capacity in Telangana. The refinancing was initially sought after the...

January 19, 2018

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Ankita Rajeshwari

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Finance and M&A

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Solar

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