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PM-KUSUM: Gujarat Discom Gets The Lowest Tariff of Rs 2.15/kWh

The Gujarat Electricity Regulatory Commission (GERC) has now approved the tariffs for Component-C of the PM-KUSUM scheme. Earlier, Madhya Gujarat Vij Company Limited (MGVCL) had approached the state electricity regulator seeking to adopt the tariffs. These tariffs were discovered through a tariff-based competitive bidding process. Earlier, a tender was floated by MGVCL seeking parties who […]

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KPI Green Terminates 66.2 MW Hybrid Order With Sai Bandhan Infinium

KPI Green Energy has terminated a 66.2 MW hybrid power project order received from Gujarat-based Sai Bandhan Infinium, which is preparing for an initial public offering (IPO). The order, awarded in 2024, was scrapped six months later due to changes in technical requirements, the company said in a regulatory filing. “The project, part of the […]

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Tata Power Gets MERC Nod For 100 MW BESS In Mumbai

Tata Power has received approval from the Maharashtra Electricity Regulatory Commission (MERC) to install a 100 MW battery energy storage system (BESS) in Mumbai over the next two years. The BESS, equipped with ‘black start’ functionality, will enable the recovery of power supply to critical infrastructure, including the metro, hospitals, airports, and Data Centers, in […]

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Green Stocks April 7- Stocks Endure Another Trump Induced Rout

As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. India’s Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of India’s green energy stocks versus Chinese giants listed […]

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Energy Production From Ocean Waves In R&D Stage: Govt

The Ministry of New and Renewable Energy (MNRE) said that the work towards the production of renewable energy from ocean waves in India is still in a nascent state. The ministry recently brought up the issue before the Indian Parliament when asked about it. Shripad Yesso Naik, the Minister of State (MoS) for the ministry, […]

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UPNEDA Aims To Solarise Households, Issues Bid For ‘Solar Packs’

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender for solar power packs, aiming to solarise several smaller households across the state with solar-operated appliances. With this tender, the UP government has planned to boost the use of solar power for smaller households in the state. Under the initiative, the […]

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China Solar Firms Hope For a Quick Resolution Of US Tariff Tussle

As global markets swoon over the US tariff action, and China’s surprising retaliatory response with a 34 percent tariff on US imports to that country, China’s solar titans hope that better sense will prevail in due course, sooner rather than later. With stock prices for both Jinko (NYSE listed) and Longi (Shanghai SSE listed) down […]

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ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz

ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […]

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Don’t Levy Wheeling Charges In Select Open Access Cases: MERC

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, stated that the state discom is not entitled to levy wheeling charges on certain open-access connections. The ruling came after three solar power generators and consumers approached the Commission with complaints. The petitioners included ReNew Sun Renewables, Renew Surtya Alok, and Renew Sunlight Energy. They […]

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