Daily News Wrap-Up: New Banking Rules May Hit Maharashtra’s Open Access Solar
India’s solar growth shifts focus to storage, land readiness, and grid connectivity
May 28, 2026
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Maharashtra’s revised Multi-Year Tariff (MYT) order has reset the rules for commercial and industrial solar in the Maharashtra State Electricity Distribution Company territory. With banking restricted to the same Time of Day slot, the Internal Rate of Return for existing solar projects will take a sharp hit, as the post-investment savings assumptions are altered.
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Mercom Staff
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