Summary: —- **Key Business Impacts:** 1. **Group Entity Clarification:** The rules explicitly allow a company, along with its holding and subsidiary companies, to be treated as a **single captive user**. This resolves a major industry ambiguity and enables corporate groups to collectively own and consume power from a captive plant, facilitating investment in non-fossil fuel […]
EA amendment 2026 (Captive requirements) – EQ
Summary: —- ### Key Provisions and Business Implications #### 1. **Definition of “Captive User”** – **Provision:** A captive user is the end-user of the electricity generated. This now explicitly includes consumption directly or through an **Energy Storage System (ESS)**. This clarifies that storing power for later use is still considered captive consumption. – **Group Entities:** […]
Extension of the Timeline for Submission of Comments and Suggestions on Draft National Electricity Policy, 2026 – EQ
Summary: —- **Key Details:** 1. **Background:** The Ministry of Power initially circulated the Draft National Electricity Policy, 2026, to all stakeholders on January 20, 2026. The original deadline for submitting comments and suggestions was set for thirty days later, on February 19, 2026. 2. **Reason for Extension:** The Ministry received multiple requests from various stakeholders […]
World Economic Forum 2026 Engagements Strengthen Global Partnerships for India’s Renewable Energy Transition: Union Minister Pralhad Joshi – EQ
In Short : At the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Union Minister for New & Renewable Energy Pralhad Joshi led high-level engagements with global leaders and investors, reinforcing India’s renewable transition roadmap and scaling international partnerships. He pitched India’s large clean energy market and long-term investment opportunities, attracting strong support to […]
VinFast to Enter India Market with India-Specific E-Scooters in 2026 – EQ
In Short : Vietnamese EV manufacturer VinFast has announced plans to enter the Indian market in 2026 with a range of India-specific electric scooters. The company aims to cater to local consumer preferences, strengthen India’s EV ecosystem, and capitalize on the growing demand for sustainable mobility solutions. VinFast’s entry is expected to intensify competition and […]
DRAFT NATIONAL ELECTRICITY POLICY (NEP), 2026 RELEASED FOR PUBLIC CONSULTATION WITH STAKEHOLDERS – EQ
In Short : The Ministry of Power has released the Draft National Electricity Policy (NEP) 2026 for public consultation, initiating a comprehensive review of India’s power sector framework. The draft seeks to replace the 2005 policy, focusing on affordability, reliability, financial sustainability of DISCOMs, clean energy integration, and long-term alignment with India’s development and climate […]
Union Minister Pralhad Joshi Urges Global Investors to Partner in India’s Rapid Clean Energy Expansion at World Economic Forum 2026, Davos – EQ
In Short : At the World Economic Forum 2026 in Davos, Union Minister Pralhad Joshi called on global investors to collaborate in India’s fast-growing clean energy sector. He highlighted India’s ambitious renewable targets, policy stability and large-scale opportunities across solar, wind, green hydrogen and storage, positioning the country as a reliable, long-term destination for sustainable […]
Seeking comments on Draft National Electricity Policy, 2026 – Reg. – EQ
Summary: —- ### **1. OVERVIEW & CONTEXT** * **Purpose:** A comprehensive revision of the 2005 National Electricity Policy, mandated by the Electricity Act, 2003. * **Vision:** To support India’s goal of becoming a **”Viksit Bharat @ 2047″** (Developed India by 2047) by ensuring a **financially viable, environmentally sustainable, and competitive power sector**. * **Core Vision […]
Onix Renewable Ltd Strengthens Gujarat’s Green Energy Vision with Strategic MoU Signing and First Winner Recognition under PM-KUSUM-C at Vibrant Gujarat 2026 – EQ
Onix Renewable Ltd further reinforced its commitment to India’s clean energy transition by signing a landmark Memorandum of Understanding (MoU) at Vibrant Gujarat 2026, held at Marwadi University, Rajkot. The MoU was signed by Mr. Divyesh Savaliya, Chairman & Managing Director, Onix Renewable Ltd, in the presence of Shri Rushikesh Patel, Honorable Minister for Energy […]
India Set to Surpass the US to Become the World’s Second-Largest Solar Market in 2026 – EQ
In Short ; India is poised to overtake the United States as the world’s second-largest solar market in 2026, reflecting the country’s accelerating clean energy momentum. Rapid capacity additions, supportive policies, and rising demand for clean power are driving growth, positioning India as a global solar powerhouse and reinforcing its central role in the global […]