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The Hon'ble Finance Minister presented the Union Budget 2025 on 01 February 2025 in the Lok Sabha.

One of the key issues before the Ld. Madhya Pradesh Electricity Regulatory Commission (“MPERC”) was whether MB Power was entitled to gross-up its Return on Equity (“RoE”) notwithstanding the fact that, at the corporate level, it had not paid income tax during certain years owing to losses and unabsorbed depreciation arising from its other businesses. MPPMCL opposed the claim, inter alia, on the grounds that the claim was barred by limitation and that grossing-up could not be permitted in the absence of actual tax payment by the corporate entity.

The Ministry of New and Renewable Energy by its office memorandum dated 14.07.2026 has issued a clarification with respect to the amendment to ‘Revised Guidelines for installation of prototype wind turbine models issued on 25.06.2026 (“Wind Turbine Model Guidelines”)’.

The Ministry of New and Renewable Energy (MNRE) has operationalised the Approved List of Models and Manufacturers (ALMM) framework for solar PV cells with effect from 1 June 2026, thereby completing the two-tier sourcing structure that the ALMM regime had originally envisaged. While the framework, when introduced in 2019, contemplated approved lists for both solar PV modules and solar PV cells, implementation was initially confined to only solar modules, due to limited domestic cell manufacturing capacity at that time.

The Tamil Nadu Electricity Regulatory Commission (“TNERC”), through its order dated 06.03.2026 in the matter of Tamil Nadu Generation and Distribution Corporation Limited v.

A momentous decision dated March 15, 2022 authored by the Hon'ble Chief Justice of High Court of Andhra Pradesh brings much-needed relief to renewable power generators suffering...

APTEL by its judgment dated 10.07.2025 in a batch of appeals in the matter of Punjab Energy Development Agency v. Punjab State Electricity Regulatory Commission & Ors., held that State Electricity Regulatory Commission are empowered to issue directions to State Nodal Agencies such as the Punjab Energy Development Agency under Electricity Act, 2003.

The dispute arose after SJVN claimed that under the RfS, Power Purchase Agreement (“PPA”), Implementation & Support Agreement (“ISA”), and connection agreements, the CTU substation has constituted the delivery point for energy supplied under the PPA.

CERC by way of its order dated 13.03.2026 in Petition No. 1/SM/2026 has proposed to revise the rate of congestion charges applicable in real-time operation of the inter-State transmission system and has also clarified that renewable energy generators cannot be exempted from such charges.

The Government has issued the Notification regarding Domestic Natural Gas Pricing Guidelines, 2014 on 10.01.2014.

The High Court of Bombay through its judgement dated 03.11.2025 in O2 Renewable Energy VII Private Limited v. Maharashtra Electricity Regulatory Commission & Anr. , held that the Maharashtra Electricity Regulatory Commission cannot amend or review a MultiYear Tariff Order without providing an opportunity of hearing to all affected stakeholders.

In this month's newsletter, we have analyzed key announcements for the infrastructure sector in this year's budget and their consequent impact on the sector.

MNRE, vide Office Memorandum dated 25.05.2026 (“ALMM OM”) has specified that there will be no extension of the requirement to mandatorily source solar cells and modules from Approved List of Models and Manufacturers (“ALMM”) by net metering and open access renewable power projects getting commissioned on or after 01.06.2026.

MNRE by Office Memorandum dated 18.07.2026 notified an extended limited window for Net-Metering and Open Access renewable projects, for exemption from Approved List of Models and Manufacturers List-II (for solar PV cells) till 31.12.2026.

As part of its effort to reduce burden and enhance liquidity of distribution licensee (Discoms) which in turn may reduce retail tariff for consumers, the Ministry of Power has proposed amendment...

The Ministry of New and Renewable Energy (“MNRE”), vide Notification dated 15.05.2026 , has conveyed administrative approval for implementation of the Small Hydro Power (“SHP”) Development Scheme (“SHP Scheme”) for SHP projects ranging from 1 MW to 25 MW capacity for the period FY 2026-27 to FY 2030-31, with a total financial outlay of INR 2,584.60 Crores.

The Rajasthan Electricity Regulatory Commission ("RERC"), by its order dated 21.01.2026 in Suo Motu Petition No. 2374/20257 , has issued the RERC (Electricity Supply Code and Connected Matters) (Third Amendment)...