India's CERC introduces renewable energy relief and corrects solar tariffs

The Central Electricity Regulatory Commission (CERC) has introduced a standardized mechanism to provide renewable energy developers with additional time to meet land, financial, and commercial milestones by paying extension charges. Additionally, the CERC issued a corrigendum to correct typographical errors in a previous order regarding tariff adoption for 2,000 MW of solar photovoltaic projects integrated with 4,000 MWh of Energy Storage Systems (ESS).

The revised tariff allocation for these solar-plus-storage projects includes Shivalaya Construction Limited receiving 600 MW, Purvah Green Power Private Limited and SAEL Industries Limited receiving 300 MW each, and Welspun Renewable Energy Private Limited securing 200 MW. Other recipients include MB Power (Madhya Pradesh) Limited, Navayuga Green Energy Private Limited, Banyan Insolation Private Limited, and several others.

In broader renewable energy developments, the Ministry of New and Renewable Energy (MNRE) expanded its Approved List of Models and Manufacturers (ALMM) by adding 3,709 MW of solar cell capacity. The MNRE also advised agencies to consider granting up to four months of extensions to projects impacted by disruptions in West Asia.