What changed since 2025
| Date | Change | Effect | Source |
|---|---|---|---|
| 22 Sep 2025 | GST on renewable energy devices cut to 5% | GST on renewable energy devices and parts for their manufacture fell from 12% to 5%, lowering the cost of solar and wind equipment. | PIB (56th GST Council), Sept 2025 |
| 21 Dec 2025 | SHANTI Act receives assent | Private participation in nuclear power allowed under a central licence and AERB authorisation; nuclear liability aligned with the international regime. FDI in atomic energy remains prohibited. | PIB (DAE) 1 Apr 2026; RBI Master Direction, June 2026 |
| 1 Feb 2026 | Budget 2026-27 | Proposed ₹20,000 crore for CCUS over five years and rare-earth corridors in four states; customs exemptions for BESS cell machinery and solar-glass input took effect on 2 February. | Budget speech 2026-27 |
| 31 Mar 2026 | Record FY2025-26 additions | Non-fossil capacity rose by 55.29 GW in FY2025-26, including a record 6.05 GW of wind, to 283.46 GW. | PIB (MNRE) 8 Apr 2026 |
| 31 Jul 2026 | New solar and offshore schemes | Approval of PM Surya Sarovar Yojana (₹5,070 crore, floating solar with storage) and Samudra Manthan (₹84,084 crore, offshore exploration). | PIB factsheet, Aug 2026 |
| 31 Jul 2026 | 300 GW of non-fossil capacity | Non-fossil capacity reached 300.50 GW, over 54% of installed capacity. Brookfield launched Lumara, planning to deploy about USD 600 million, the same day. | PIB factsheet, Aug 2026; ESG News, 31 Jul 2026 |
Other dated changes in the brief
These dates appear elsewhere in the brief and complete the picture:
| Date | Change | Effect | Source |
|---|---|---|---|
| June 2025 | Second battery storage VGF scheme approved | 30 GWh at up to ₹18 lakh per MWh, from ₹5,400 crore of the Power System Development Fund. | PIB (MoP) 3 Feb 2026 |
| June 2025 | 50% non-fossil share reached | India reached a 50% non-fossil share of installed capacity, five years ahead of its 2030 commitment. | PIB factsheet, Aug 2026 |
| 31 Jul 2025 | ALMM List-II (cells) issued | Covered projects must use listed solar cells. | PIB (MNRE) 29 Dec 2025 |
| Aug 2025 | Offshore wind tenders cancelled | Both tenders under the ₹7,453 crore offshore wind VGF scheme cancelled for want of bids. | IMPRI, 30 Aug 2026 |
| 29 Oct 2025 | ALMM-Wind procedure (SOP) issued | Wind turbines and components brought under an approved list. | PIB (MNRE) 29 Dec 2025 |
| 9 Feb 2026 | RBI ECB rules | ECB up to the higher of USD 1 billion outstanding or 300% of net worth; 3-year minimum average maturity; cost ceiling removed for ECBs of three years or more. | RBI notification, 9 Feb 2026 |
| 1 Apr 2026 | Income-tax Act 2025 in force | Replaced the 1961 Act; tax year 2026-27 is the first year under it. MAT cut to 14%. | Finance Act 2026 |
| Apr 2026 | Nuclear FDI policy in consultation | An FDI policy approved by the Atomic Energy Commission was in inter-ministerial consultation. | PIB (DAE) 1 Apr 2026; Swarajya, 2026 |
| 2 May 2026 | Press Note 2 of 2026 effective | Land-border investors: up to 10% non-controlling automatic with prior reporting; 60-day decision target for up to 49% in listed manufacturing sectors. | DPIIT Press Note 2 (2026) |
| 12 Aug 2026 | Rare earth magnet scheme bids closed | Sintered Rare Earth Permanent Magnets scheme (₹7,280 crore): 20 bids received. | PIB factsheet, Aug 2026 |
| 12 Aug 2026 | PM Surya Ghar milestone | 5.16 million households benefiting from rooftop solar. | PIB factsheet, Aug 2026 |
Note: Later changes are recorded on the site-wide updates feed and the incentive tracker.