📷 Image: Wikimedia Commons / Suresh Khole
Business
Maharashtra Proposes New Banking Guidelines and Mandates Storage for Rooftop Solar
✍️ Mercomindia.com
🗓 23 Sep 2026, 10:16 AM
👁 10
The state government has released a draft outlining revised banking regulations and a requirement for energy storage systems on rooftop solar installations.
Maharashtra’s finance department has circulated a draft that seeks to overhaul existing banking norms for entities operating within the state. The proposal aims to tighten oversight, enhance credit monitoring and align lending practices with the state’s broader financial stability goals.
In parallel, the draft introduces a mandatory storage component for all new rooftop solar projects. Installers will be required to integrate battery systems capable of storing a defined portion of the generated electricity, ensuring greater reliability and grid support.
Officials say the combined measures are intended to boost investor confidence while promoting a more resilient renewable energy ecosystem. The draft will be open for public comment before the state cabinet finalises the rules.
If approved, the banking reforms could reshape credit access for small and medium enterprises, and the storage mandate is expected to accelerate adoption of hybrid solar‑battery solutions across residential and commercial rooftops.
In parallel, the draft introduces a mandatory storage component for all new rooftop solar projects. Installers will be required to integrate battery systems capable of storing a defined portion of the generated electricity, ensuring greater reliability and grid support.
Officials say the combined measures are intended to boost investor confidence while promoting a more resilient renewable energy ecosystem. The draft will be open for public comment before the state cabinet finalises the rules.
If approved, the banking reforms could reshape credit access for small and medium enterprises, and the storage mandate is expected to accelerate adoption of hybrid solar‑battery solutions across residential and commercial rooftops.