⚡ Quick Read What happened: The Supreme Court ruled that the Maharashtra government has the authority to withdraw or modify electricity duty exemptions for captive power, provided a one-year notice period is given. Why it matters: This verdict clarifies that fiscal concessions are not vested rights, potentially impacting the long-term ROI calculations for industrial captive…
⚡ Quick Read What happened: The Union Cabinet has eased FDI norms for land-bordering nations, allowing up to 10% non-controlling beneficial ownership via the automatic route for solar, electronic, and capital goods manufacturing. Why it matters: This policy shift aims to bridge critical upstream gaps in polysilicon, ingot, and wafer production, reducing India’s structural dependence…
⚡ Quick Read What happened: The Karnataka Electricity Regulatory Commission (KERC) has expanded the Discounted Energy Rate Scheme (DERS) to include open access consumers, effective until FY 2028. Why it matters: This policy shift allows C&I consumers to leverage seasonal tariff discounts, potentially influencing the financial viability of captive and open-access renewable energy projects. Watch:…
⚡ Quick Read What happened: The GERC has extended the existing ₹1.50/kWh banking charge for green energy open access projects in Gujarat until June 30, 2026. Why it matters: This extension provides critical short-term regulatory stability for C&I developers and investors operating in one of India’s top solar open access markets. Watch: Future regulatory orders…
⚡ Quick Read What happened: The Ministry of Power notified amendments to Rule 3 of the Electricity Rules on March 13, 2026, expanding the definition of ‘captive user’ and shifting to collective fulfillment of consumption criteria. Why it matters: These changes remove long-standing legal ambiguities regarding group company structures and proportionality, significantly lowering compliance hurdles…