EV Adoption Could Generate $11 Billion for DISCOMs: ASSOCHAM-EY
Distribution companies (DISCOMs) in India are likely to witness to a windfall once mass adoption of electric vehicles (EVs) begins across the country, predicted a new study titled, Electrifying India: ...
NLC India Announces its Foray into Power Trading Business
In a bid to diversify its portfolio, the state-owned Neyveli Lignite Corporation India Limited (NLCIL), has announced its foray into power trading business. In a statement issued by the company, ...
Solar Powered EV Charging Station Installed in Navi Mumbai
Magenta Power, a renewable energy solutions provider, has partnered with Exicom to install a solar-based DC charging station for electric vehicles (EV) in Turbhe, Navi Mumbai. The charging station called ...
States Urged to Make Universal Household Electrification a Priority
In order to discuss and review the numerous initiatives undertaken by the government for increasing electricity access across the country, the Minister for Power, R. K. Singh, recently chaired a ...
Spot Power Price Spikes to ₹4.67/kWh in May 2018
In May 2018, spot power price spiked to ₹4.67 (~$0.0695)/kWh. May’s spot power price was ₹1.76 (~$0.0262)/kWh higher than the spot price recorded in May 2017, registering an increase of ...
Tata Motors and Mahindra & Mahindra to Roll out EVs in Maharashtra
Tata Motors and Mahindra & Mahindra have signed Memoranda of Understanding (MoUs) with the Maharashtra government to roll out 1,000 Electric Vehicles (EV) in the state. These EVs will be ...
Ministry of Power Addresses Pass Through, Open Access in Amendments to Tariff Policy
The Ministry of Power has issued draft amendments to Tariff Policy 2016. The amendments have been proposed keeping in view the changes and dynamic nature of the power sector. These ...
Ministry of Power Launches PRAAPTI App to Bring Transparency in Electricity Payments
The Ministry of Power has launched a web portal and an app called PRAAPTI (Payment Ratification and Analysis in Power procurement for bringing Transparency in Invoicing of generators) in an ...
Clean Motion and Fortum Energy to Jointly Develop Battery Swap Systems for EVs
In a bid to propel the growth of electric vehicles (EVs) in the country, clean energy solutions provider Fortum Energy and Clean Motion have reached an agreement to develop battery ...
Draft Amendments to Qualify for Captive Power Generation Project Released
The Ministry of Power has amended the guidelines relating to captive generation projects in India. The Under Secretary to the Government of India, has penned a letter addressed to the ...
Wheeling Charges in Karnataka Increase Five-Fold
The Karnataka Electricity Regulatory Commission (KERC) recently levied 25 percent of the normal transmission charges as wheeling charges for open access consumers in the state. The current wheeling charges being ...
Four Companies Win Tender to Supply 2,000 EV Chargers for EESL
The tender floated by Energy Efficiency Services Limited (EESL) for the procurement of 2,000 Electric Vehicle (EV) chargers was bagged by four energy storage solutions companies, namely SBD Green Energy and Infra ...
Is India’s Electric Vehicle Push for Real This Time?
The shift from fossil-fuel powered vehicles to electric vehicles (EVs) has become more important than ever for India. The country has to embrace EVs quickly, if it wants to cut ...
Microgrids an Important Piece of the Puzzle for Energy Access in Frontier Markets
Microgrids are becoming important part of the frontier power markets for distributed energy systems. Advances in technology such as energy storage along with rising diesel prices, and favorable government policies ...
BESCOM Proposes a Tariff Separation for Open Access Consumers Above 1 MW in Karnataka
Bangalore Electricity Supply Company (BESCOM) has proposed a separate tariff for >1 MW open access consumers, as it causes the non-recovery of fixed costs. BESCOM has requested for an increase ...
Spot Power Price Remains High at ₹3.98/kWh in April 2018
In April 2018, the spot power price was ₹3.98 (~$0.0594)/kWh, ₹1.21 (~$0.0180)/kWh more than the ₹2.77 (~$0.0413)/kWh recorded in April 2017, an increase of approximately 44 percent. The key reasons ...
NTPC and Reliance Energy Commission EV Charging Stations for their Fleet
The domestic Electric Vehicle (EV) market is emerging out of its nascent stage in India and expanding rapidly as a means of intelligent and sustainable transportation. Along with the surge ...
Lack of Transmission Capacity a Growing Concern for Solar and Wind Companies
With more than 66 GW of renewable energy capacity connected to India’s national grid, the country’s renewable industry continues to grow at a fast pace but the transmission infrastructure needed ...
Government Likely to Amend Electricity Act to Ensure that DISCOMs Enter PPAs
The union government has proposed an amendment to the Electricity Act to ensure that the companies applying for power distribution rights also sign the requisite Power Purchase Agreements (PPAs). The ...
World Bank Approves $180 Million Fund to Support Kenya’s Energy Sector
The World Bank has approved $180 million in assistance to Kenya to strengthen the financial health of the Kenya Electricity Generation Company Limited (KenGen) and improve private sector financing in ...
Government Says 100% of Villages Now Have Access to Electricity
With the electrification of Leisang village in the Senapati district of Manipur, India has now achieved total electrification of its 597,464 inhabited villages. Though the success of DDUGJY sounds like ...
National Average Power Purchase Cost of ₹3.53/kWh Proposed for Open Access
The Central Electricity Regulatory Commission (CERC) has proposed to set the national average power purchase cost (APPC) at ₹3.53/kWh for the financial year (FY) 2018-19. The proposal of national APPC ...
IEX and JEPX Enter MoU for Cooperation in Electricity Market
The Indian Energy Exchange (IEX) and Japan Electric Power Exchange (JEPX) have entered into a Memorandum of Understanding (MoU) to jointly explore opportunities of cooperation in the electricity market. IEX ...
Spot Power Price Rose to ₹4.02/kWh in March 2018
The average spot power price recorded in March 2018 shot up by approximately 57 percent when compared to the price recorded in the same month last year. The increase in ...
JERC for Goa and Union Territories Issues Open Access Regulations for 2018
The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has come up with open access regulations for the intra-state transmission and distribution for the year ...
