Covering 21 to 27 March 2026. The busiest week of the quarter for wind. Every item is checked against the issuing authority's own document.
1. CERC amends REC rules: offshore wind gets a 4.0 multiplier, hybrids 1.5
CERC · 24 March 2026
For projects commissioned after the amendment takes effect, Renewable Energy Certificate multipliers are set by a scoring method based on tariff, technology maturity and capacity credit. Onshore wind and solar get 1.0, hybrid RE 1.5, BESS charged only from renewables 3.0, and offshore wind 4.0. A multiplier lasts fifteen years from commissioning, after which one certificate is issued per MWh.
The amendment also brings in VPPAs (certificates pass to the buyer for RPO or RCO compliance), makes renewable plants with self-consumption that do not meet captive conditions eligible for certificates, and adds RCO and designated consumer definitions.
Why it matters for wind: A 4.0 multiplier gives offshore wind a meaningful extra revenue line on top of viability gap funding. For onshore projects, the 1.5 hybrid multiplier rewards pairing wind with solar or storage.
Source: CERC REC (First Amendment) Regulations, 2026
2. CEA plans transmission for over 900 GW of non-fossil capacity by 2035-36
CEA · March 2026
The plan sets out about 137,500 circuit km of transmission lines and 827,600 MVA of substation capacity, across inter-state and intra-state systems, to integrate additional wind and solar from 2026-27 to 2035-36, at an estimated cost of Rs 7,93,300 crore. It deliberately plans for more non-fossil capacity than the adequacy plan requires, given implementation challenges, with build decisions depending on how renewable development progresses.
Why it matters for wind: The plan shows where evacuation is coming and when, which bears directly on site selection, curtailment assumptions and connectivity strategy for new wind.
Source: MNRE Policy & Regulatory Updates, March 2026
3. CERC adopts three more 1,200 MW hybrid tenders, one at Rs 3.19/kWh
CERC · 24 March 2026 (Petitions 684, 771 and 774/AT/2025)
SJVN's HYBRID-3 tender awarded 1,200 MW at Rs 3.19/kWh to five bidders. CERC also adopted NTPC's HYBRID-02 and HYBRID-03 tenders. In NTPC's case, the awarded capacity was still to be tied up with distribution licensees, and in HYBRID-03 NTPC had held back letters of award while long-term power sale agreements were pending.
Why it matters for wind: Rs 3.19/kWh is a low benchmark for hybrid power. Unsigned power sale agreements remain the main risk between award and financial close for capacity procured through intermediaries.
Source: CERC order in 684/AT/2025 · CERC order in 774/AT/2025
4. No interim relief from GNA land document rules
CERC · 27 March 2026 (IA 17/2026 in Petition 75/MP/2026)
Hexa Climate Solutions, Adyant Power and Banyan Energy sought interim directions on connectivity held under the land route. CERC found no prima facie case and declined interim relief, holding that they must submit land documents as the GNA Regulations require. Their plea to convert connectivity to the LoA/PPA route using a sister company's PPA will be decided in the main petition.
Why it matters for wind: Land documentation deadlines under the GNA Regulations are being enforced strictly. Developers holding land-route connectivity need land rights in place, not just in progress.
Source: CERC order in IA 17/2026