⚡ Quick Read What happened: Potaliya Petrochemicals and Kishan Infrastructure Industries won a SECI auction to install 17.77 MW of rooftop solar on government buildings in Puducherry at a tariff of ₹4.11/kWh. Why it matters: This project highlights the continued push for rooftop solar integration in government infrastructure, offering specific EPC opportunities for design, engineering,…
⚡ Quick Read What happened: Real-world battery degradation in Indian storage projects is outpacing modeled assumptions due to high ambient temperatures and irregular, high-frequency cycling patterns. Why it matters: EPCs and developers face significant financial risk as accelerated degradation leads to unexpected replacement costs and potential revenue shortfalls, with only 50% of projects currently meeting…
⚡ Quick Read What happened: The CERC has expanded REC eligibility to include captive power producers, while the Supreme Court ruled that wind generation-based incentives are non-adjustable against tariffs. Why it matters: These regulatory shifts provide greater financial certainty for wind developers and open new market avenues for captive renewable power producers. Watch: The implementation…
⚡ Quick Read What happened: The Jharkhand State Electricity Regulatory Commission (JSERC) has increased retail electricity tariffs by 7.5% to 12.5% and significantly hiked open access charges for FY 2026-27. Why it matters: Higher grid-based electricity costs and increased wheeling charges make captive solar and open access renewable energy projects significantly more attractive for C&I…
⚡ Quick Read What happened: Polyester film manufacturer Polyplex will acquire equity stakes in Clean Max Neht (49%) and BECIS Solar 1 (26%) for ₹110 million each to source captive solar power for its Uttarakhand plants. Why it matters: This move highlights the growing trend of C&I consumers transitioning from mere power purchasers to equity…
⚡ Quick Read What happened: Singapore-based Blueleaf Energy has commissioned a 300 MW wind-solar hybrid project in Madhya Pradesh, valued at ₹19 billion, featuring 35 wind turbines and a multi-site solar installation. Why it matters: The project utilizes a merchant power model with a 15-year power purchase agreement, signaling a shift toward flexible market-based revenue…
⚡ Quick Read What happened: The Andhra Pradesh Electricity Regulatory Commission (APERC) has mandated that existing LT and HT power tariffs for FY 2025-26 will remain unchanged for FY 2026-27. Why it matters: The decision provides long-term tariff predictability for C&I consumers and developers, while the absence of an additional surcharge offers a stable environment…
⚡ Quick Read What happened: JSW New Energy has commissioned a 3,600 TPA green hydrogen facility at the Vijayanagar Steel complex in Ballari, Karnataka, powered by 27 MW of renewable energy. Why it matters: This is the first project commissioned under the National Green Hydrogen Mission (NGHM) Mode-1, Tranche-I, marking a critical milestone for industrial…
⚡ Quick Read What happened: The CERC has officially adopted a tariff of ₹3.19/kWh for SJVN’s 1,200 MW interstate wind-solar hybrid projects, following a competitive bidding process. Why it matters: This regulatory approval provides the necessary legal certainty for developers to finalize Power Purchase Agreements (PPAs) and proceed with project execution. Watch: The finalization of…
⚡ Quick Read What happened: India added 547 MWh of battery energy storage in 2025, a 26% YoY increase, while CERC finalized multiple solar-plus-storage tariffs. Why it matters: Regulatory clarity on tariffs for storage-linked projects provides the financial certainty required for developers to scale capital-intensive hybrid energy assets. Watch: Future CERC rulings on trading margins…