Maharashtra Approves New Solar Tariffs to Boost Green Energy

In a significant move toward renewable energy transition, the Maharashtra Electricity Regulatory Commission (MERC) today approved the new generic tariff for surplus rooftop solar power for the financial year 2026–27. The tariff has been set at ₹2.82/kWh, remaining largely consistent with the previous year’s rates. This decision is aimed at providing a stable investment climate for residential and commercial consumers who are increasingly shifting toward solar installations to offset rising electricity costs.

Additionally, the Commission set variable charges for biomass projects at ₹6.85/kWh and co-generation projects at ₹5.29/kWh. These rates will come into effect from tomorrow, April 1, 2026. This policy update coincides with the announcement that major infrastructure firms like G R Infraprojects and Solarworld Energy Solutions have secured massive energy storage contracts at thermal stations in Mouda and Solapur. These battery energy storage systems (BESS) are crucial for balancing the state’s power grid as more intermittent renewable energy is added.

The push for solar is part of Maharashtra’s larger goal to reduce its carbon footprint and meet national green energy targets. By keeping the surplus tariff stable, the state government hopes to encourage “prosumers”—consumers who also produce energy—to contribute more to the state grid. However, some industry experts argue that while the ₹2.82 rate is sustainable for large-scale players, smaller household units might see a longer payback period. Nevertheless, the announcement reinforces Maharashtra’s position as a leader in the Indian renewable energy sector.