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Bihar Awards 500 MWh BESS Project To Six Firms At ₹4.44 Lakh/MW/Month

The Bihar State Power Generation Company Ltd (BSPGCL) has awarded its 125 MW/500 MWh battery energy storage system (BESS) project to six bidders. BSPGCL issued the tender for this project in March, awarded the project within three months. According to the tender results, Barbrik Projects, Saatvik Green Energy, Kundan Green Energy, Prostarm Info Systems, Hindustan […]

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Bombay High Court Stays Key MERC’s Solar Tariff Order

The Bombay High Court on Tuesday put on hold a crucial regulatory order that could reshape the economics of solar energy for commercial and industrial (C&I) users in Maharashtra, India’s largest state by industrial output. A bench comprising Justices B.P. Colabawalla and Firdosh P. Pooniwalla heard urgent writ petitions from a coalition of renewable energy […]

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Green Stocks June 30: Most Stocks End Month With A Flourish

As Q1 drew to a close today, most of the green stocks trended up, with Waaree Energies leading the charge on the back of its 540 MW order win announced after market hours on Friday last. The order win, in the US market, was seen as further proof that the company is well hedged from […]

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Rajasthan: NVVN Awards Lowest Bid For 500MW/1GWh BESS At Rs 2.16L/MW/Month

NTPC’s subsidiary, NVVN, has awarded a 500 MW/1,000 MWh battery energy storage system (BESS) tender to five developers, including Solar91 – Energizing India, Rays Power Experts Ltd, Rajasthan-based Stockwell Solar, TrueRE – Oriana Power, and new entrant INOX Renewable Solutions Limited. The BESS would be developed to the requirements of Rajasthan Urja Vikas (RUVITL/ Buying […]

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India’s State Dynamics and Solar- Watch Out For Maharashtra, Gujarat

When the talks are about solar energy, India is a leader, one of the global majors, in new energy capacity addition. Thanks to aggressive solar policies of the country that is also a major coal-dependent market, it propelled itself toward clean and renewable power. However, just like any other country, the solar adoption was different […]

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MERC Extends RPO Deadline to FY26 for Open Access Consumers

The Maharashtra Electricity Regulatory Commission (MERC) has mandated that all Open Access consumers in the state must meet their cumulative Renewable Purchase Obligation (RPO) shortfalls for the period 2014–2020 by the end of the 2025–26 financial year. The directive, part of a final order, was issued by the Commission’s bench comprising Chairperson Sanjay Kumar and […]

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RERC Approves Tariffs for 1000 MWh BESS in Rajasthan

The Rajasthan Electricity Regulatory Commission (RERC) has approved the tariffs for 1000 MWh BESS in Rajasthan ensuring the transparency and alignment with the market norms. Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) filed a petition for the approval of tariff discovered through a competitive bidding to set up a 500 MW / 1000 MWh standalone […]

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Prostram Wins Bihar BESS Project With Rs 4.44L/MW

Maharashtra-based energy solutions firm Prostram has received a Letter of Intent (LoI) from Bihar State Power Generation Company Limited (BSPGCL) for a 30 MW/120 MWh standalone Battery Energy Storage System (BESS), the company said in a regulatory filing. The project, to be developed under a Tariff-Based Competitive Bidding (TBCB) process, will operate on a Build, […]

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