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UPEX 2026

Top Stories Of The Day: Solex Plans ₹4,000 Cr Solar Push; Clean Max Sells Yuhdul Stake; Premier Energies Buys Hexa Stake and More…

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Solex Energy Plans ₹4,000 Crore Solar And Storage Push

Solex Energy will invest nearly ₹4,000 crore in Gujarat to develop a 5 GW solar cell manufacturing facility and a 10 GW battery energy storage project. The solar cell plant will be built in phases, boosting domestic manufacturing capacity and supporting India’s clean energy and storage ambitions.

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Clean Max Divests Stake In Yuhdul Subsidiary

Clean Max Enviro Energy Solutions has approved the sale of its stake in Clean Max Yuhdul Private Limited to TATA Communications. The transaction will end its wholly owned status and is expected to close by June 2026, marking a strategic restructuring move by the renewable energy company.

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Premier Energies Invests ₹68.7 Crore In Hexa Energy SPV

Premier Energies will acquire a minimum 26% stake in Hexa Energy BH Five through a ₹68.7 crore investment. The move aims to secure captive renewable power for its solar manufacturing unit in Andhra Pradesh, aligning with its strategy for sustainable and cost-efficient operations.

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NTPC REL Floats 900 MW Solar BOS Tender

NTPC Renewable Energy Limited has invited bids for balance of system works for 900 MW of solar projects in Andhra Pradesh. The tender includes two project blocks and covers construction and operations, excluding module supply, reinforcing NTPC’s large-scale solar expansion pipeline.

Also Read  Mahindra & Mahindra Limited Recognised as Leader in Renewable Energy and Energy Transition

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BERC Opens Applications For Tariff Advisor Role

The Bihar Electricity Regulatory Commission has invited applications for a part-time Advisor role focused on tariff and regulatory functions. The position requires strong sector expertise and will support policy development, tariff determination, and regulatory oversight within the state’s power sector.

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CSERC Approves Revised Load Management Plan

The Chhattisgarh Electricity Regulatory Commission has approved a revised load management plan to strengthen grid stability. The framework reorganizes feeders and enables automated control through advanced systems, helping manage demand during peak load and improving power distribution efficiency.

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DERC Introduces Automatic Fuel Surcharge Mechanism

The Delhi Electricity Regulatory Commission has introduced new tariff amendment rules with an automatic fuel surcharge mechanism. Starting June 2026, DISCOMs can adjust tariffs monthly based on cost variations, enhancing financial transparency while maintaining annual regulatory review processes.

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HERC Approves 126.8 MW Solar Under PM-KUSUM

The Haryana Electricity Regulatory Commission has approved 126.8 MW of solar projects under PM-KUSUM. The decision includes multiple small-scale PPAs and highlights the regulator’s push for decentralized renewable energy, while also cautioning utilities against delays in approvals.

Also Read  SECI Signs MoU with Mumbai Port Authority to Solarise Port Infrastructure

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HERC Imposes ₹1.37 Per Unit Open Access Surcharge

HERC has imposed an additional surcharge of ₹1.37 per unit on open access consumers. The move aims to compensate distribution companies for fixed costs amid rising migration of large consumers to alternative power sources.

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MPERC Proposes Captive Power Rule Amendment

The Madhya Pradesh Electricity Regulatory Commission has proposed amendments to align captive power verification rules with national regulations. The draft introduces updated compliance measures and reflects efforts to standardize captive generation policies across states.

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NTPC Seeks Forecasting Services For Bikaner Solar Project

NTPC Renewable Energy has invited bids for forecasting and scheduling services for its 500 MW solar project in Bikaner. The move aims to improve generation accuracy and grid integration for one of Rajasthan’s major solar installations.

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BHEL Invites Rooftop Solar And BESS Bids

BHEL has floated a tender for a rooftop solar project with integrated battery storage at its Hyderabad facility. The project will operate under a long-term PPA and highlights the growing adoption of hybrid solar-plus-storage systems in industrial applications.

Also Read  APTEL Allows HVPNL Appeal, Rules NTPC Solar Project Must Pay State Transmission Charges

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MSERC Notifies DRES Regulations 2026

The Meghalaya Electricity Regulatory Commission has introduced new distributed renewable energy regulations. The framework enables various metering mechanisms and supports renewable installations up to 10 MW, encouraging wider adoption of decentralized clean energy solutions.

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ACME Solar Commissions Rajasthan Battery Storage Capacity

ACME Solar has commissioned additional battery storage capacity in Rajasthan, boosting its total installed storage portfolio significantly. The development strengthens grid reliability and supports the integration of renewable energy into the power system.

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