Daily News Wrap-Up: Banks Ease Solar Financing for MSMEs
NTPC Renewable Energy tenders solar projects in Maharashtra
October 19, 2026
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Financial institutions are offering micro, small, and medium enterprises (MSMEs) longer loan tenures, flexible repayment structures, and specialized financing products to support rooftop solar adoption.
NTPC Renewable Energy (NTPC REL) invited bids for the engineering, procurement, and construction (EPC) of interstate transmission system-connected solar projects near its Dhule Solar Project in Maharashtra. The last date to submit bids is November 13, 2026. Bids will be opened on the same day.
GRIDCO invited bids for consultancy services to assess the environmental and social impact of the Upper Indravati floating solar and battery energy storage project in Odisha. The deadline for submitting bids is November 17, 2026. Bids will be opened on the same day.
The Maharashtra State Power Generation Company floated a tender to set up battery energy storage systems across six locations in Maharashtra. The projects, totaling 500 MW/1,600 MWh, will be developed under a build-own-operate model. Bids must be submitted by November 6, 2026. Bids will be opened on the same date.
NTPC, on behalf of NTPC (Mauritius) Energy, invited bids for an EPC package to develop a floating solar project integrated with a battery energy storage system at Tamarind Falls Reservoir in Mauritius. The last date to submit bids is December 7, 2026. Bids will be opened the following day.
Ahmedabad-based solar EPC company Grace Renewable Energy filed its draft red herring prospectus with the Securities and Exchange Board of India for an initial public offering of up to 11.2 million equity shares.
Sterling and Wilson Renewable Energy reported revenue of ₹15.28 billion (~$161.10 million) in the second quarter of the financial year 2027, down 12.6% year over year from ₹17.49 billion (~$184.40 million).
Germany’s net solar capacity additions fell to 1.23 GW in September 2026 from 1.64 GW in August, according to its Federal Network Agency. The country’s solar capacity additions totaled 12.63 GW during the first nine months of 2026, taking cumulative registered capacity to 130.68 GW.
