Mercom Research Focus
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India’s Q3 2026 Renewable Policies Prioritize Grid Stability, Project Execution

India’s renewable energy policies increasingly focused on improving project execution, grid stability, transmission connectivity, and reliable power delivery during the third quarter (Q3) of 2026, according to Mercom India&#...

October 29, 2026

Finance and M&A

What RBI’s Rate Hike Means for India’s Renewable Energy Industry

The Reserve Bank of India’s (RBI) 25-basis-point increase in the repo rate to 5.5% could raise borrowing costs for renewable energy developers and manufacturers, potentially affecting project returns, financing decisions, and capa...

October 28, 2026

Grid

Haryana Regulator Scraps Power Distribution License Granted to Private Entity

The Haryana Electricity Regulatory Commission (HERC) has decided not to implement the parallel electricity distribution license granted to a private entity for the Gurugram and Nuh revenue districts, following directions from the ...

October 29, 2026

Sponsored News

LEAPTING Crosses 10 GW Milestone in India as Solar Cleaning Robot Demand Grows

Solar cleaning robot manufacturer LEAPTING has crossed the 10 GW milestone in India, supplying more than 50,000 robots to solar developers and engineering, procurement, and construction (EPC) contractors. At the recently concluded...

November 2, 2026

Latest News

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Two Point O Capital Raises $10 Million to Expand Clean Energy Portfolio

Clean energy deployment platform for commercial and industrial businesses, Two Point O Capital, has raised $10 million (~₹949 million) in a funding round led by Transition Venture Capital. The transaction also saw participation from existing...

November 2, 2026

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Gujarat Regulator Sets 1 MW Cap for Net Metering and Net Billing Projects

The Gujarat Electricity Regulatory Commission (GERC) has notified the Grid Interactive Distributed Renewable Energy Sources Regulations, 2026, and set the maximum project capacity for net metering and net billing projects in the state at 1 MW. The...

November 2, 2026

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Terra Clean Floats EPC Tender for ISTS and InSTS-Connected Solar Projects

Terra Clean (TeCL), a wholly owned subsidiary of Indian Oil Corporation (IOCL), has invited bids for the empanelment of engineering, procurement, and construction (EPC) contractors for the design, engineering, supply, construction, installation, and...

November 2, 2026

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Uttarakhand Eases Rooftop Solar Agreement Requirements Under PM Surya Ghar

The Uttarakhand Electricity Regulatory Commission (UERC) has allowed residential rooftop solar consumers under the PM Surya Ghar: Muft Bijli Yojana to execute net metering agreements digitally, eliminating the requirement for separate physical power...

November 2, 2026

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Central Power Regulator Approves Tariffs for 400 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 400 MW of interstate transmission system (ISTS)-connected solar projects. The Commission approved a tariff of ₹2.54 (~$0.0268)/kWh for 50 MW of solar projects and ₹2.42...

November 2, 2026

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ENGIE Commissions 450 MW Solar Projects in Rajasthan and Gujarat

French energy company ENGIE has commissioned two solar projects with a cumulative capacity of 450 MW in Rajasthan and Gujarat. The two projects include the 250 MW Khaba solar project in Barmer, Rajasthan, which was developed through Khaba Renewable...

November 2, 2026

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Juniper Green Energy’s Q2 Revenue More Than Doubles to ₹3.45 Billion

Independent renewable energy producer Juniper Green Energy reported a revenue from operations of ₹3.45 billion (~$36.35 million) in the second quarter (Q2) of the financial year (FY) 2027, a 136.2% year-over-year (YoY) increase from ₹1.46 billion...

November 2, 2026

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Solarworld Acquires 50% Stake in 2.4 GW Solar Cell Manufacturing JV

Solarworld Energy Solutions has acquired a 50% equity stake in Rays Green Energy Manufacturing for ₹268.2 million (~$2.83 million) in the first tranche of its equity subscription. Rays Green Energy Manufacturing is Solarworld’s joint venture (JV)...

November 2, 2026

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SJVN’s Net Profit Doubles as Revenue Surges 117% in Q2 FY 2027

Government-owned power generation company SJVN reported a consolidated revenue from operations of ₹22.44 billion (~$236.38 million) in the second quarter (Q2) of the financial year (FY) 2027, a 117.4% year-over-year (YoY) increase from ₹10.32...

November 2, 2026

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NTPC Green Energy’s Q2 Revenue Up 53% Amid Renewable Capacity Expansion

NTPC Green Energy (NGEL) reported revenue from operations of ₹9.38 billion (~$97.03 million) in the second quarter (Q2) of the financial year (FY) 2027, a 53.2% year-over-year (YoY) increase from ₹6.12 billion (~$63.33 million). The company’s...

November 2, 2026

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