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1 week ago | 
mercomindia.com | Melvin Mathew
The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.48 (~$0.04)/kWh and ₹3.49 (~$0.04)/kWh for NHPC’s 960 MW wind-solar hybrid power projects. The Commission also held that the trading margin would be charged per the provisions of the power sale agreements (PSAs), which are yet to be signed. Background NHPC had floated a tender to develop 1,500 MW wind-solar hybrid power projects in November 2023. It received bids from three companies, totaling 1,200 MW in capacity.
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1 week ago | 
mercomindia.com | Melvin Mathew
A recent study by the University of Utah has revealed the potential of phase-transitioned hybrid perovskites for use in solar cell manufacturing. The research was led by Perry Martin, a graduate student in the Department of Chemistry’s Bischak Lab at the University of Utah. The study was published under the research paper titled “Coupled optical and structural properties of two-dimensional metal-halide perovskites across phase transitions” in the journal Matter.
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1 week ago | 
mercomindia.com | Melvin Mathew
The Central Electricity Regulatory Commission (CERC) has proposed amendments to the Central Electricity Regulatory Commission (Power Market) Regulations, 2021, to expand the scope of over-the-counter (OTC) power markets. An OTC market is a decentralized marketplace where financial instruments are traded directly between two parties without the use of an intermediary platform.
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1 week ago | 
mercomindia.com | Melvin Mathew
NHPC has invited bids on behalf of NHPC Renewable Energy to select developers to set up 23.33 MW of rooftop solar power projects on government buildings in Jammu and Kashmir under the Renewable Energy Service Company (RESCO) mode. The last date to submit bids is July 16, 2025. Bids will be opened on July 21.
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1 week ago | 
mercomindia.com | Melvin Mathew
Taking the green route, four companies from the textile and ceramic industries have cumulatively saved ₹152.26 million (~$1.7 million) since 2024 by procuring power from a 21.5 MW solar project. With the volatility of energy prices, these energy-intensive companies sought ways to reduce their energy costs.
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1 week ago | 
mercomindia.com | Melvin Mathew
REMCL, a joint venture between the Ministry of Railways and Rail India Technical and Economic Service, has invited bids to set up a cumulative 1.25 MW of rooftop solar projects at four railway stations in Maharashtra. These projects will be set up at the Mira Road (120 kW), Neral (465 kW), Virar (475 kW), and Palghar (190 kW) railway stations. Bids must be submitted by July 4, 2025. Bids will be opened on July 7. Bidders must submit a bid security of ₹483,600 (~$5,605.89).
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2 weeks ago | 
mercomindia.com | Melvin Mathew
The Commission said the trading margin will be per the terms of the PPA and PSAFollow Mercom India on WhatsApp for exclusive updates on clean energy news and insights The Central Electricity Regulatory Commission (CERC) has approved tariffs of ₹3.25 (~$0.037)/kWh and ₹3.26 (~$0.038)/kWh for Solar Energy Corporation of India’s (SECI) 600 MW interstate transmission system-connected wind-solar hybrid power projects (Tranche IX).
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2 weeks ago | 
mercomindia.com | Melvin Mathew
Torrent Green Energy (Torrent Power) has won Solar Energy Corporation of India’s (SECI) auction to set up 400 MW interstate transmission system (ISTS)-connected wind power projects under Tranche XVIII. Torrent has won 300 MW at a tariff of ₹3.97 (~$0.046)/kWh. The tender was floated in March 2025 for 400 MW, which was later increased to 600 MW.
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2 weeks ago | 
mercomindia.com | Melvin Mathew
The Ministry of Power (MoP) has proposed an amendment to the Electricity Rules 2025 to permit the sale, lease, and renting of energy storage systems (ESS). The Ministry invited comments on the draft amendment from stakeholders to be sent by July 10, 2025. The amendment provides a wider regulatory framework for ESS in India to introduce it as an independent energy infrastructure. ESS can be utilized either as an independent project or as part of a generation, transmission, or distribution system.
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2 weeks ago | 
mercomindia.com | Melvin Mathew
The West Bengal Power Development Corporation (WBPDCL) has invited bids for biennial operation and maintenance (O&M) of 10 MW ground-mounted solar power projects at the Sagardighi Thermal Power Project for two years. Bids must be submitted by July 9, 2025. Bids will be opened on July 11. Bidders must submit an earnest money deposit of ₹244,760 (~$2858.9) and 10% of the payment as a security deposit.
