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SECI Announces Winners of 6 GWh Peak Power Supply Auction

Melvin Mathew — Sat, 22 Aug 2026 12:06:03 GMT

The Solar Energy Corporation of India (SECI) has announced the winners of its auction to select developers for the assured peak supply of 6,000 MWh (1,500 MW X 4 hours) of firm and dispatchable renewable energy from interstate transmission system (ISTS)-connected projects with co-located energy storage systems (FDRE-IX).Waaree Forever Energies (Waaree Energies) won 700 MW at a tariff of ₹5.99/kWh (~$0.063/kWh), and NTPC Renewable Energy won 500 MW at a tariff of ₹6/kWh (~$0.063/kWh).

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

Melvin Mathew — Fri, 21 Aug 2026 19:44:50 GMT

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 ₹19.48 billion (~$203.6 million).Interest income, which comprised the largest share of revenue, rose 15.2% YoY to ₹21.99 billion (~$229.8 million) from ₹19.09 billion (~$199.5 million).

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

Melvin Mathew — Fri, 21 Aug 2026 19:36:15 GMT

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 includes the Sprng Energy group of companies.ABRen signed an agreement to acquire Sprng Energy from Shell Overseas Investment for an enterprise value of ₹172 billion (~$1.8 billion) in July this year.MUFG provided the sole underwritten facility and acted as the mandated lead arranger, underwriter, and bookrunner for the transaction.

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

Staff — Fri, 21 Aug 2026 19:17:15 GMT

Coal India (CIL) has invited bids for a rupee term loan of ₹7.134 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 10, 2026. The bids will be opened the next day.

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

Parth Shukla — Fri, 21 Aug 2026 18:59:16 GMT

Listen to this article Godavari Marathwada Irrigation Development Corporation (GMIDC) has invited expressions of interest (EoI) to set up a 150 MW floating solar project

GAIL Invites Bids to Augment 5 MW Solar Project in Rajasthan

Arjun Joshi — Fri, 21 Aug 2026 18:08:04 GMT

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.

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

Rakesh Ranjan — Fri, 21 Aug 2026 17:01:52 GMT

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 project in Gujarat.

PFC Consulting Tenders Transmission Project for 400 kV Substation in Rajasthan

Parth Shukla — Fri, 21 Aug 2026 14:17:22 GMT

Listen to this article PFC Consulting has invited bids to set up an intra-state transmission system (InSTS) for the 400 kV Bhojrajka (Khushkhera) grid substation in

Grid India Issues New Procedure for Secure Operation of National Grid

Rakesh Ranjan — Fri, 21 Aug 2026 12:54:19 GMT

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 responsibilities of the different agencies involved in grid operation.

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

Arjun Joshi — Fri, 21 Aug 2026 11:46:35 GMT

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.