Daily News Wrap-Up: Government Announces Changes to Captive Power Policy
MNRE mandates Aadhaar authentication for PM Surya Ghar subsidy
March 17, 2026
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The Ministry of Power notified the Electricity (Amendment) Rules, 2026, introducing changes to Rule 3 of the Electricity Rules, which govern captive generating projects in India. The provisions relating to proportionate consumption rules for group captive users and the verification process will come into force on April 1, 2026. Compared with the earlier draft version, the final rules retain the requirement to meet the 26% ownership and 51% consumption thresholds on a financial-year basis.
The Ministry of New and Renewable Energy (MNRE) notified that beneficiaries seeking financial assistance under the PM Surya Ghar: Muft Bijli Yojana must undergo Aadhaar authentication or provide proof of possession of an Aadhaar number to receive benefits. Applicants who do not yet have an Aadhaar number must apply for enrolment.
The Ministry of Heavy Industries amended the Phased Manufacturing Program (PMP) requirements for electric buses and electric trucks under the PM Electric Drive Revolution in Innovative Vehicle Enhancement Scheme, mandating domestic manufacturing of key electric vehicle components. The amendments were issued through two notifications. The first order introduces an amendment to the PMP requirements applicable to electric buses in the M2 and M3 categories.
The Rajasthan Electricity Regulatory Commission released draft amendments to its Renewable Energy Tariff Regulations, proposing to extend the validity of the current framework until March 31, 2028, while introducing several changes affecting biomass power projects, energy storage systems, payment discipline, and open access provisions. Stakeholders can submit their feedback by March 27, 2026.
The Uttar Pradesh Electricity Regulatory Commission approved tariffs of ₹6.64 (~$0.07)/kWh and ₹6.65 (~$0.07)/kWh for NTPC Vidyut Vyapar Nigam’s (NVVN) 250 MW/1,000 MWh standalone battery energy storage projects. The Commission also approved a trading margin of ₹0.07(~$0.0007)/kWh. The petitioner, NVVN, issued a tender to supply energy from 250 MW/1,000 MWh interstate transmission system- connected battery energy storage projects.
NHPC invited bids to set up 23.34 MW of grid-connected rooftop solar projects on government buildings across the Union Territory of Jammu and Kashmir. The tender will be implemented through the Jammu and Kashmir Energy Development Agency under the PM Surya Ghar: Muft Bijli Yojana. Bids must be submitted by April 11, 2026. Bids will be opened on April 16.
Chennai Port Authority invited bids to set up a 2 MW grid-connected rooftop solar project at its export-import godown under the renewable energy service company model. The scope of work includes the feasibility of installation on the identified rooftop on the shed; obtaining a no-objection certificate from the distribution company for grid connectivity; execution of the power purchase agreement; and the complete design, engineering, erection, and commissioning of the project, including operation and maintenance for 25 years.
ITI, a public sector undertaking under the Department of Telecommunications, invited bids to set up an automatic 500 MW/250 MW/100 MW solar module manufacturing line on a turnkey basis at Naini, Prayagraj, in Uttar Pradesh. The last date to submit bids is April 4, 2026. Bids will be opened on the same day.
A packaging unit of Senores Pharmaceuticals reduced its electricity expenditure by 70-80% by installing a 130.98 kW rooftop solar project in Ahmedabad, Gujarat. Senores Pharmaceuticals is a global, research-driven pharmaceutical company that develops and manufactures a wide range of pharmaceutical products, predominantly for the U.S., Canada, across various therapeutic areas and dosage forms.
Union Bank of India announced it will issue green/sustainable bonds of up to ₹50 billion (~$541.35 million) in one or more tranches. According to Union Bank’s Business Responsibility & Sustainability Report for 2024-2025, the bank has extended credit facilities of ₹276.68 billion (~$3 billion) to the renewable energy sector as of March 31, 2025. As of the same date, Union Bank sanctioned ₹7.79 billion (~$84.33 million) in loans under the Union Green Miles program for the purchase of electric two and four-wheelers.
Mumbai-based Bajel Projects, an engineering, procurement, and construction company specializing in power transmission and distribution infrastructure, secured an order to set up a 2×500 MVA, 400/220 kV air-insulated switchgear substation at Saswad, Pune district, Maharashtra, from Maharashtra State Electricity Transmission Company. The order’s value is over ₹7 billion (~$75.8 million).
Waaree Energies broke ground on a 10 GW integrated solar ingot and wafer manufacturing facility in Nagpur, Maharashtra. The facility, with an investment of approximately ₹62 billion (~$671.60 million), will house 10 GW capacity each for solar ingots and wafers. The Nagpur facility is part of Waaree’s broader transition from a solar manufacturer to a fully integrated renewable energy company covering multiple segments across the clean energy value chain.
Germany’s total installed grid-connected photovoltaic systems installed on roofs and properties stood at nearly 4.8 million units, with a total capacity of about 106.2 GW at the end of 2025. Compared with the end of 2024, the number of rooftop systems rose by 17.6%, and installed capacity increased by 11.8%, marking a new record, according to the Federal Statistical Office (Destatis).
