Open Access Tools and Resources
RE Open Access Tool
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RE Waivers
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Additional information
As of December 2024, India’s installed RE capacity surpassed 209 GW, with solar energy contributing 97.8 GW. Of this, the PM-Surya Ghar rooftop solar component accounted for 15.6 GW. With the scheme’s total target set at 30 GW, more than 50% of the goal has already been achieved. In terms of installations, ~9% of the target of 1 crore households was met within the first year of launching the scheme.
Starting 1 June 2026, all solar PV cells used in PM Surya Ghar scheme installations must comply with List II of the ALMM. Consequently, solar cell prices are expected to , resulting in higher costs for rooftop solar installations. In light of this potential rise in costs, will the current financial assistance under PM Surya Ghar be adequate to maintain the momentum of rooftop solar installations?
Public-sector undertaking (PSU) lender, the Indian Renewable Energy Development Agency (IREDA), received board approval to raise INR 5000 crore by issuing shares through the qualified institutional placement (QIP) route. This comes amid a series of fundraising activities by the company in the last few years, including an initial public offering (IPO) in 2023 and fundraising worth INR 29,500 crore via a mix of debt and equity in 2024. This development reinforces the company’s commitment to upscaling lending towards low-carbon technologies.
Companies typically pursue the QIP route to rapidly raise capital to either fund expansion plans or repay debt. How does IREDA plan to utilise these funds? To what extent might this step lead to increased lending towards RE?
India reported a 7.93% decrease in GHG) emissions in 2020, per the BUR-4 submission to the UNFCCC); this submission updates its Third National Communication made in December 2023. BUR-4 also reports a 36% reduction in emissions intensity since 2005, indicating India’s efforts to lower carbon emissions per unit of GDP. This progress highlights the country’s commitment to sustainable growth and suggests that India is on track to achieving a 45% reduction in emissions intensity by 2030 compared to 2005 levels.
Electricity production continues to represent the largest share of GHG emissions in India, currently at 39%. Over the years, India has introduced several policy and regulatory reforms to promote non-fossil-fuel-based electricity, aiming to address the growing demand while controlling GHG emissions. As the country strives to achieve its NDC) by 2030, what other mitigation technologies, besides RE, can the government prioritise in the coming years to further reduce economy-wide emissions?
FAQ’s
- High-consuming industries: Large factories, malls, and commercial establishments with a minimum connected load as specified by the state regulatory commission.
- Captive power plants: Industries that generate their own electricity can use open access to purchase additional power from the grid or sell surplus power back to the grid.
- Cost savings: Consumers can potentially lower their electricity bills by choosing an open access supplier offering competitive rates.
- Choice of power source: Open access allows consumers to choose their electricity source, including renewable energy options. CEEW-CEF’s open access tool allows a consumer to select between solar, wind and hybrid as the sources of fuel for availing open access.
- Greater control: Based on their electricity consumption patterns, open access allows consumers with higher flexibility and allows them greater control over their energy requirements.
- Central Electricity Regulatory Commission (CERC): [https://cercind.gov.in/]
- Green Open Access website: [https://greenopenaccess.in/]
- Ministry of Power website: [https://powermin.gov.in/]