⚡ Quick Read What happened: The Maharashtra Electricity Regulatory Commission (MERC) has set a generic tariff of ₹2.82/kWh for surplus rooftop solar power for FY 2026-27. Why it matters: This provides regulatory certainty for C&I and residential consumers regarding the compensation for surplus energy injected into the grid, maintaining consistency with previous years. Watch: Future…
⚡ Quick Read What happened: The CERC has extended the current 50:50 drawal and GNA-based deficit sharing formula for the Deviation Settlement Mechanism (DSM) until October 4, 2026. Why it matters: This extension provides regulatory stability for ISTS consumers by delaying the transition to a complex, reserve-based allocation methodology that currently lacks operational readiness. Watch:…
⚡ Quick Read What happened: Adani Green Energy (AGEL) has operationalized 951 MW of renewable capacity across Rajasthan (251 MW) and Gujarat (700 MW), pushing its total operational portfolio to 18,933 MW. Why it matters: This rapid scale-up demonstrates aggressive execution capabilities and strengthens the supply chain for large-scale hybrid and solar projects in India’s…
⚡ Quick Read What happened: SECI has signed six agreements to supply 670,000 TPA of green ammonia to fertilizer units, part of a 724,000 TPA allocation, with tariffs ranging from ₹49.75 to ₹64.74 per kg. Why it matters: These 10-year agreements provide the long-term demand certainty required for developers to achieve financial closure for large-scale…
⚡ Quick Read What happened: ACME Group signed a 10-year, INR 20,000 crore green ammonia purchase agreement with SECI for 370,000 tpa capacity. Why it matters: This deal validates the commercial viability of the SIGHT scheme and provides long-term demand certainty for large-scale green hydrogen projects. Watch: The operational progress of the Odisha facility and…
⚡ Quick Read What happened: India experienced significant solar irradiation deficits in 2025, with levels dropping 1% to 8% below long-term averages, and up to 10% along the west coast. Why it matters: Lower-than-expected solar radiation directly impacts the generation performance, revenue, and debt-servicing capability of utility-scale solar projects. Watch: Developers must reassess P90/P50 yield…
⚡ Quick Read What happened: NTPC Renewable Energy has signed a Green Ammonia Purchase Agreement (GAPA) with SECI to supply 70,000 tonnes per annum to Krishna Phoschem in Madhya Pradesh at a cost of INR 51.80 per kg. Why it matters: The deal marks a significant milestone for the SIGHT scheme, validating the commercial viability…
⚡ Quick Read What happened: The Ministry of Power has invoked Section 11 of the Electricity Act to mandate full-capacity generation at the 4 GW Mundra thermal plant from April 1 to June 30, 2026. Why it matters: The move signals government prioritization of base-load thermal power to manage peak demand, which is projected to…
⚡ Quick Read What happened: Germany’s Federal Network Agency (Bundesnetzagentur) has issued tenders for 2.5 GW of onshore wind and 475 MW of innovation-focused renewable projects. Why it matters: These tenders represent significant international market opportunities and set price benchmarks that influence global renewable energy procurement strategies. Watch: The bid submission deadline for both tenders…
⚡ Quick Read What happened: NTPC Renewable Energy has commissioned 180 MW of solar capacity, completing the 500 MW Bhadla project in Rajasthan and adding to the 1,200 MW Khavda-II project in Gujarat. Why it matters: These additions push NTPC Group’s total installed capacity to 88,889 MW, signaling aggressive project execution timelines that impact supply…