Mercom Research Focus
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India’s Solar Imports Rise 50% YoY in Q2 2026, Exports Plunge 88%

Solar cell imports rose 33.2%, while module imports fell 75.5% compared to the previous quarter. This contrast reflects India’s expanding domestic module manufacturing base, which is increasing demand for imported cells while redu...

August 21, 2026

Mercom Research Focus

Rooftop Solar’s BoS Quality Problem Extends Beyond Component Selection

As India’s rooftop solar market expands, the quality of balance-of-system (BoS) components and installation practices is becoming increasingly important to project performance. Failures involving connectors, cables, isolators, mou...

August 21, 2026

Mercom Research Focus

India’s Solar Open Access Capacity Up 6 GW in 1H 2026

India added nearly 6 GW of solar open access capacity in the first half (1H) of the calendar year 2026, up 42% year-over-year (YoY) compared to 4 GW, according to Mercom India’s newly released Q2 2026 India Solar Open Access Marke...

August 20, 2026

Mercom Research Focus

Over 5,400 Power Sector Cases Pending, Delaying Projects and Raising Costs

The government recently told Parliament that over 5,400 power sector cases are pending before electricity sector regulators and the courts. Cases involving the Ministry of Power (MoP) numbered 1,303, while 2,911 and 1,193 petition...

August 20, 2026

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IREDA’s Q1 Revenue Up 15% on Higher Loan Interest Accruals

Government-owned lender Indian Renewable Energy Development Agency (IREDA) posted a revenue from operations of ₹22.5 billion (~$235.2 million) in the first quarter (Q1) of the financial year (FY) 2027, up 15% year-over-year (YoY) compared with ₹19....

August 21, 2026

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ABRen Secures $1.6 Billion from MUFG to Fund Sprng Energy Acquisition

Aditya Birla Renewables (ABRen), the renewable energy arm of the Aditya Birla Group, has secured a $1.6 billion (~₹153.08 billion) term loan facility from Mitsubishi UFJ Financial Group (MUFG) for its proposed acquisition of Solenergi Power, which...

August 21, 2026

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Coal India Seeks ₹7 Billion Term Loan for 750 MWh Battery Storage Project

Coal India (CIL) has invited bids for a rupee term loan of ₹7.13 billion (~$74.55 million) to develop a 187.5 MW/750 MWh standalone battery energy storage system (BESS) project in Choutuppal, Telangana. The last date to submit the bids is September...

August 21, 2026

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GMIDC Tenders 150 MW Floating Solar Plus 150 MWh Battery Storage Project

Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EoI) to set up a 150 MW floating solar project with at least 75 MW/150 MWh of battery energy storage system on the reservoir surface of Mula Major...

August 21, 2026

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GAIL Invites Bids to Augment 5 MW Solar Project in Rajasthan

GAIL (India) has invited bids for the engineering, procurement, and construction (EPC) of approximately 1.2 MW of additional solar capacity at its existing 5 MW solar project in Ramgarh, Jaisalmer, Rajasthan. The last date to submit bids is...

August 21, 2026

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PFC Consulting Awards Project to Evacuate 14 GW of Renewables in Gujarat

PFC Consulting has announced the winner of the auction for a common transmission system to evacuate 14 GW of renewable power from Lakadia (Phase-II: 7.5 GW), Jam Khambhaliya (Phase-II: 5.5 GW), and Jamnagar (Phase-I: 1 GW) Part-A transmission...

August 21, 2026

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PFC Consulting Tenders Transmission Project for 400 kV Substation in Rajasthan

PFC Consulting has invited bids to set up an intra-state transmission system (InSTS) for the 400 kV Bhojrajka (Khushkhera) grid substation in Rajasthan, along with the associated transmission system. Bids must be submitted by October 16, 2026. Bids...

August 21, 2026

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Grid India Issues New Procedure for Secure Operation of National Grid

The Grid Controller of India (Grid India) has issued the National Load Despatch Center (NLDC) Operating Procedure 2026, which lays down procedures for the integrated operation of the national and regional power systems and defines the...

August 21, 2026

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Madhya Pradesh Lays Out Banking SOP for Green Energy Open Access Consumers

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has issued a standard operating procedure (SOP) governing the banking of power by green energy open access (GEOA) consumers in the state. The SOP allows eligible consumers to bank surplus...

August 21, 2026

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Daily News Wrap-Up: India’s Solar Open Access Capacity Rises 42% YoY

India added nearly 6 GW of solar open access capacity in the first half (1H) of the calendar year 2026, up 42% year-over-year (YoY) compared to 4 GW, according to Mercom India’s newly released Q2 2026 India Solar Open Access Market Report. The...

August 21, 2026

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