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IEX June Highlights – Renewables Rise, Prices Fall

Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved a monthly electricity traded volume of 10,852 MU in June ’25, marking a 6.5 percent increase on a year-on-year basis. A total of 32.32 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 636 percent year on year increase. For the first quarter […]

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Solex Green Energy Bags ₹68.7 Cr Multi-Client Solar Order

Solex Energy’s subsidiary, Solex Green Energy, has bagged multiple orders under Gujarat’s Distributed Renewable Energy Bilateral Purchase (DREBP) Policy, it said in a regulatory filing. It added that the company secured the project from multiple awardees, under the Government’s Distributed Renewable Energy Bilateral Purchase (DREBP) policy. It added that the cumulative solar project order of […]

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Andhra Pradesh Moves to Regulate Battery Storage Projects

Andhra Pradesh has unveiled draft regulations to formalise the planning, procurement and deployment of battery energy storage systems (BESS), aiming to boost renewable energy integration and improve the resilience of its electricity grid. The Andhra Pradesh Electricity Regulatory Commission (APERC) released the draft rules this week, marking the state’s first comprehensive attempt to regulate large-scale […]

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Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps

Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […]

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EXCLUSIVE: Why Solar Manufacturers Are Heading To Odisha?

India’s solar manufacturing sector is undergoing a once-in-a-generation transition. From a token few GWs of domestic module capacity and less than a GW of cell-making capacity a decade back, the sector is remaking itself. There are over 100 domestic solar module manufacturing companies with a capacity of over 120 GW today, and more to come. […]

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Madhya Pradesh Issues 800 MW Wind Tender With Greenshoe Option

Madhya Pradesh Power Management Company Limited (MPPMCL) has invited bids for 800 MW of wind power projects, with an additional capacity of up to 800 MW under a Greenshoe option. It’s accepting bids until July 23, 2025. MPPMCL issued the tender on behalf of Madhya Pradesh’s three distribution companies — Madhya Kshetra Vidyut Vitaran Company […]

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Why Some Rooftop Solar Systems Are Blowing Away

In a recent viral video, a rooftop solar panel was seen blowing away and crashing onto a public road in a residential colony in India — posing a serious risk to both people and animals. The incident comes at a time when the country is witnessing rapid growth in residential rooftop solar installations under the […]

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Bihar: Power Mech Bags Orders Under PM-KUSUM Scheme

Hyderabad-based Power Mech Projects Ltd has secured orders from Bihar State Power Generation Company Ltd (BSPGCL) for the construction of grid-connected distributed solar power plants, the company said in a regulatory filing. Power Mech added, “The projects, with a cumulative capacity of 13.66 MW (AC), are expected to generate revenue of about ₹159 crore over […]

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Junior Manager- Site Incharge

Asset management (1 Solar plants) – Overall responsible for all O&M related activities at GMR Solar Energy Pvt Ltd 5 MW at Goa & ensure efficient running of Solar plants & maintain Plant availability of >99% on annual basis. Billing & Receivables – responsible for submission of Monthly Billing to customer of 5 MW Solar […]

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