Centre Scraps Renewable Pricing Pools to Unlock Faster Power Deals
By Newscript News Network
August 20, 2025
In a significant policy reversal, the Ministry of Power has scrapped the central renewable energy pricing pools established in February 2024. The pools, designed to aggregate tariffs for solar and hybrid projects, were intended to simplify procurement. Instead, developers complained they slowed contract closures.
By dismantling the centralised mechanism, the government is giving developers and buyers more freedom to negotiate bilateral power purchase agreements (PPAs). “This will allow deals to be structured faster and on more competitive terms,” said an official from the Solar Developers Association.
For developers, the policy shift reduces administrative bottlenecks that often delayed projects by months. Analysts believe the move coul...