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Power Ministry expands financial options in transmission bidding norms
The Ministry of Power has revised the Standard Bidding Documents (SBDs) for the procurement of Inter-State Transmission Services under the Tariff-Based Competitive Bidding (TBCB) framework. The amendments, which took effect on 5th June 2025, expand the financial instruments that developers can use to meet bid security and performance guarantee requirements. These changes were driven by…
Can BESS be added to operational solar projects? UPERC examines
Uttar Pradesh Electricity Regulatory Commission (UPERC) has admitted a petition filed by Fourth Partner Energy Private Limited and two affiliated companies seeking regulatory clarifications on the installation of Battery Energy Storage Systems (BESS) behind the meter at already commissioned renewable energy generating stations (REGS). The petition, heard on May 14, 2026, highlights regulatory gaps related…
SJVN commissions 100 MW segment of Bikaner solar project
SJVN Limited has announced the commercial operation of a new 100.56 MW segment of its large-scale solar project in Rajasthan. The capacity has been added to the national grid by SJVN Green Energy Limited, which is the company’s wholly owned renewable energy subsidiary. In a filing dated 13 December 2025, the company informed the National…
Bajaj Electricals posts Rs 34 crore loss in Q3 FY26
Bajaj Electricals Limited reported a consolidated net loss of Rs 34 crore for the third quarter ended December 31, 2025, reversing a profit of Rs 33 crore recorded in the same quarter last year. The performance reflected an 18.5% year-on-year decline in revenue and the impact of exceptional charges linked to newly implemented labour codes….
Avaada Energy to raise Rs 84 billion for renewable projects
Avaada Energy Private Limited plans to raise Rs 84 billion (USD 1 billion) in debt by March 2025 to fund its wind, solar, and other renewable projects. Equity for these projects has already been secured. The company also intends to develop pumped storage projects (PSPs) in Rajasthan and Odisha.
Indonesia announces plans for 75GW renewable energy expansion over 15 years
Indonesia has revealed plans to attract international investment for the development of 75GW of renewable energy within the next 15 years. The announcement, made at COP29 in Baku by Indonesia’s climate envoy, Hashim Djojohadikusumo, underscores the new administration’s goal to implement 100GW of new energy, with 75% dedicated to renewables like solar, hydro, geothermal, and…
