The Central Electricity Regulatory Commission (CERC) expanded the scope of the Renewable Energy Certificates (REC) mechanism by allowing more entities, including certain captive power producers, to participate. The Commission’s amendments also introduce new definitions related to renewable consumption and market instruments.

The Supreme Court ruled that the generation-based incentive granted to wind power generators must be disbursed in addition to the tariff and cannot be adjusted in a manner that would defeat the program’s purpose. The ruling came while dismissing an appeal filed by the Andhra Pradesh distribution companies against an order of the Appellate Tribunal for Electricity.

CERC approved tariffs of ₹3.35 (~$0.0356)/kWh and ₹3.36 (~$0.0357)/kWh for NTPC’s 1,200 MW wind-solar hybrid projects. The Commission allowed NTPC to approach it later for tariff approval for the additional 600 MW greenshoe capacity. In October 2024, NTPC issued a request for selection to set up 1,200 MW of wind-solar hybrid projects, with a greenshoe option of up to 600 MW.

CERC adopted a tariff of ₹3.19 (~$0.0339)/kWh, discovered by SJVN, for 1,200 MW of interstate transmission system-connected wind-solar hybrid power projects. The Commission directed SJVN to complete the execution of power purchase agreements with developers and power sale agreements with distribution companies. It also instructed that copies of these agreements be placed on record once finalized.

The Delhi Electricity Regulatory Commission notified a phased reduction of the additional surcharge applicable to consumers availing open access and general network access, setting out a four-year sunset for the levy. Under the amendment to the Terms and Conditions for Open Access Regulations, the additional surcharge payable by such consumers will be reduced linearly starting in the year access is granted.

The Andhra Pradesh Electricity Regulatory Commission notified that the existing Low Tension (LT) and High Tension (HT) power tariffs and structure approved for the financial year (FY) 2025-26 will continue for FY 2026-27. For HT domestic consumers, the fixed charge is ₹75 (~$0.79)/kVA, with an energy charge of ₹7 (~$0.074)/kWh across all voltage levels. LT consumers will have a fixed charge of ₹75 (~$0.79)/kW.

REC Power Development and Consultancy invited bids to establish an interstate transmission system to augment the Bhadla-III, Ramgarh pooling station, and Kanpur substation to evacuate 20 GW of renewable power in Rajasthan. The last date to submit bids is May 28, 2026. Bids will be opened on the same day.

Polyester film company Polyplex will procure power from solar projects of Clean Max Neht, a special purpose vehicle (SPV) of Clean Max Enviro Energy Solutions, and projects of BECIS Solar 1, an SPV of Berkeley Energy Commercial Industrial Solutions, for its plants in Khatima and Bazpur, Uttarakhand. Polyplex will invest ₹110 million (~$1.17 million) to acquire 49% equity stake in Clean Max Enviro Energy Solutions, and the same amount to acquire roughly a 26% equity stake in BECIS Solar 1.

The Competition Commission of India approved Singapore-based Global Infrastructure Partners (GIP) EM Star‘s subscription to Aditya Birla Renewables’ equity shares worth $335 million. ABREN is the clean energy arm of the Aditya Birla Group. GIP EM Star is owned by certain funds managed by GIM EM Manager, which in turn is owned by Global Infrastructure Management, a subsidiary of BlackRock.

The Solar Energy Corporation of India (SECI) announced the commissioning of the first green hydrogen production facility under the National Green Hydrogen Mission, with SECI serving as the implementing agency for green hydrogen production (Mode-1, Tranche-I). The project has been developed by JSW New Energy (Vijayanagar) and is located at the JSW Vijayanagar Steel complex in Ballari, Karnataka.

Exide Industries made an additional investment of ₹4.5 billion (~$47.86 million) in its wholly owned subsidiary, Exide Energy Solutions (EESL), through a rights issue of equity shares. EESL is developing a facility in Bengaluru to develop lithium-ion battery cells and related products. With this infusion, Exide’s total investment in EESL has increased to ₹48.02 billion (~$510.78 million), while its shareholding remains unchanged at 100%.

Singapore-based Blueleaf Energy commissioned its 300 MW Pachora wind-solar hybrid power project in Madhya Pradesh. The project is positioned as a merchant power model with an annual output of nearly 600 million units. Valued at approximately ₹19 billion (~$202.19 million), the project is estimated to power more than 550,000 Indian households annually.