We welcome the 2026 Electricity Amendment Rules, they provide the clarity the industry had been waiting for. It has come at the right time. With utility bid volume reducing and C&I PPAs, led by demand from datacentres, increasing, this will help all the stakeholders. The alignment of ownership definitions with holding, subsidiary structures will allows us, developers, to focus on execution rather than navigating interpretational hurdles. Specifically, the decision to streamline the verification process and defer surcharges will improve our liquidity position and will make our project economics much more steady and predictable.
In the open access segment, the added flexibility for group captive arrangements through the Association of Persons (AoP) model will allow industrial consumers to scale their renewable energy intake according to actual operational needs. It will thus remove a major layer of risk for investors and will make the transition to green power more viable for India’s private sector.
From the investors and lenders’ perspective, I see these rules as enabling a stable and transparent regulatory framework….exactly what is needed to attract long-term capital in our energy security and transition targets.
We have been championing the cause of working hand-in-hand with the government to improve the RE upstream and downstream policies and regulations. Happy to note that the industry’s voices are being heard, and suitable changes made. This directive is indeed a welcome step.
