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Rooftop Solar Gets Cheaper as GST Cut Shortens Payback Period for Consumers

Rooftop Solar Gets Cheaper as GST Cut Shortens Payback Period for Consumers

GST cut on rooftop solar components reduces installation costs by 7-10%, saving ₹8,000-₹12,000 for 2-3 kW systems. This boosts PM Surya Ghar adoption, with India targeting 3.5 million households by FY26.
GUVNL Issues 335 MW/670 MWh Standalone BESS Tender

GUVNL Issues 335 MW/670 MWh Standalone BESS Tender

GUVNL tenders 335 MW/670 MWh standalone BESS in Gujarat (Phase VIII). Bids due Jan 22, 2026. Requires ₹500,000/MW EMD, ₹29,500 fee. Offers ₹1.8 million/MWh VGF. Minimum 130 MWh bid, 20% local content. Commissioning in 18 months.
CERC Approves Tariffs for NHPC’s 2 GW Solar Projects

CERC Approves Tariffs for NHPC’s 2 GW Solar Projects

CERC approved tariffs (₹2.56-₹2.57/kWh) for NHPC’s 2 GW solar projects, including 800 MW greenshoe. Avaada Energy’s greenshoe capacity was limited to 350 MW. A ₹0.07/kWh trading margin was approved conditionally.
Daily News Wrap-Up: Key Policies Steering India’s BESS Market in 2025

Daily News Wrap-Up: Key Policies Steering India’s BESS Market in 2025

India's BESS market surged 6x to 341 MWh in 2024, driven by policies and renewable growth. Major tenders for solar, storage, and manufacturing, alongside significant investments, position India as a global clean energy leader, forecast to add 6.2 GW wind in 2025.
MNRE Issues Revised BIS Series Approval Guidelines for Solar Modules

MNRE Issues Revised BIS Series Approval Guidelines for Solar Modules

MNRE revised BIS guidelines for solar module series approval. Testing requires 2 modules each from lower, median, higher power classes. Modules 0.2W-20W are excluded from series guidelines. Efficiency and marking rules updated, BOM changes require retesting.
RRECL Issues Tender for 33 MW Rooftop Solar Projects on Government Buildings

RRECL Issues Tender for 33 MW Rooftop Solar Projects on Government Buildings

RRECL issued a tender for 33 MW rooftop solar projects on government buildings across five districts, including a 25-year O&M. Bids are due by Jan 27, 2026, with a ₹41.64 million/MW benchmark cost and 12-month commissioning.
Top Five States for Rooftop Solar Installations in 2025 [Infographics]

Top Five States for Rooftop Solar Installations in 2025 [Infographics]

India's rooftop solar capacity surged 161% YoY to 4.9 GW in 9M 2025, reaching 18.6 GW cumulative. PM Surya Ghar drove growth. Gujarat led additions (16.2%), followed by Maharashtra (15.6%), UP (14.6%), Kerala (8.4%), and Rajasthan (7.7%).
CERC Rejects SJVN’s Request To Allocate 316 MW Of Unallocated Renewable Energy Capacity

CERC Rejects SJVN’s Request To Allocate 316 MW Of Unallocated Renewable Energy Capacity

CERC rejected SJVN's plea to allocate 316 MW of unallocated renewable energy capacity from a 1,500 MW tender. Citing regulatory limits, it denied awarding it to existing bidders, emphasizing strict adherence to legal frameworks.
Global Steel Production Slides in Nov’25 as China Curbs Output; Gradual Recovery Eyed in 2026

Global Steel Production Slides in Nov’25 as China Curbs Output; Gradual Recovery Eyed in 2026

Global steel output fell 5% in Nov 2025, driven by China's 11% cut to 69.9M tons. India, Türkiye, Iran increased production. A modest 1.3% global recovery is projected for 2026, indicating a slow rebound.
Weak Feedstock Support and Sluggish Downstream Keep US PET Prices Stable in December H1

Weak Feedstock Support and Sluggish Downstream Keep US PET Prices Stable in December H1

US PET prices remained stable in December H1 due to weak feedstock support (MEG declined) and sluggish downstream demand. Ample supply, coupled with new tariffs on all PET/rPET imports, influenced market sentiment.

Mild Steel Prices

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