MERC Introduces Virtual Net Metering in Rooftop Solar Regulations

09 Sep 2024 CW Team

The Maharashtra Electricity Regulatory Commission (MERC) has introduced virtual net metering in its Grid Interactive Rooftop Renewable Energy Generating System (Second Amendment) Regulations, 2024. This move will benefit residents of multistorey buildings who face challenges installing rooftop solar in shared spaces.

To encourage early adoption, MERC has exempted Open Access Charges and Losses for virtual net metering installations until the rooftop solar capacity reaches 5,000 MW. Post that, new installations using the wheeling facility will incur these charges.

The Commission has also clarified that multiple residents within the same housing complex cannot jointly set up a renewable energy system. Other consumer groups must use net metering, group metering, or green energy open access.

Additionally, MERC redefined the term "renewable energy meter" as "renewable energy generation meter" in the updated draft regulations.

MERC may also introduce time-of-the-day tariffs to incentivize prosumers to install energy storage systems for efficient use of stored solar energy during peak demand

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..