Guidelines Revised for EV Charging Infrastructure
The Ministry of Power (MoP) has issued an amendment to its guidelines and standards for the charging infrastructure of electric vehicles (EVs). The guidelines were issued by the Ministry in ...
Maharashtra Postpones Implementation of Deviation Settlement Regulations
The Maharashtra Electricity Regulatory Commission (MERC) has rescheduled the implementation of its deviation settlement mechanism (DSM) regulations from June 1, 2020, to October 5, 2020. Reason for the delay Initially, ...
746 MW of Solar, 3.4 GW of Wind Installations in the Way of Cyclone Nisarga in Maharashtra
The Maharashtra State Electricity Transmission Corporation Limited (MAHATRANSCO) has issued an advisory for power generators and distribution licensees in the state because of the cyclone Nisarga, which is bound to ...
Tata Power Takes Charge of Power Distribution in Odisha
Tata Power has announced that it has taken over the management of Central Electricity Supply Utility of Odisha (CESU) for the distribution and supply of power in Odisha’s five circles ...
R.K. Singh Seeks ₹3 Trillion to Revamp Power Sector and DISCOMs Over the Next 5 Years
The Union Minister of Power, R.K. Singh, has sought for the Finance Commission’s support to revamp the Indian power sector at the state level and has asked for ₹3 trillion (~$40.05 billion) ...
PXIL and IEX Launch Real-Time Market for Electricity Transactions
The Power Exchange India Limited (PXIL) and Indian Energy Exchange (IEX) have started their real-time market (RTM) trading platforms for electricity transactions on June 1, 2020. The real-time market is ...
MNRE Seeks to Engage Consultants For Its One Sun One World One Grid Program
The Ministry of New and Renewable Energy (MNRE) has issued a request for proposal (RfP) for developing a long-term vision, implementation plan, road map, and institutional framework for its One ...
Tata Power to Expand its EV Charging Stations to over 700 by FY 2021
Tata Power has announced its plans to expand its electric vehicle (EV) charging network in the country to over 700 by the end of the financial year 2021. The company ...
PFC Readies to Set Up Transmission Systems to Evacuate 35.9 GW of Solar Power
The Power Finance Corporation (PFC), the financial backbone of the Indian power sector, announced the incorporation of five of its special purpose vehicles (SPV) as wholly-owned subsidiaries of PFC Consulting ...
PGCIL Extends Bidding Deadline for Transmission Systems of Solar Projects in Rajasthan
State-owned power transmission company, the Power Grid Corporation of India Limited (PGCIL), has extended the bid submission deadline for its tender to establish transmission systems to evacuate power from solar ...
Electric Vehicle Maker Euler Motors Raises ₹200 Million from Inventus Capital India
Euler Motors, a New Delhi-based electric vehicle (EV) manufacturer, has announced that it has raised ₹200 million (~$2.66 million) as part of its ongoing Series A funding led by Inventus Capital ...
Ola Electric Acquires Amsterdam-Based Electric Two-Wheeler Maker Etergo BV
Ola Electric Mobility Private Limited, a subsidiary of Indian cab aggregator Ola Cabs, announced that it has acquired Etergo BV, an Amsterdam-based electric scooter maker. The value of the transaction remained ...
Government Notifies Eligibility Criteria for EV Components Under FAME Program
The Ministry of Heavy Industries and Public Enterprises (MHIPE) has issued a notification to all the testing agencies under the second phase of the Faster Adoption and Manufacturing of Electric ...
REC Releases Details for Bailing Out Power Distribution Companies Amid Coronavirus Crisis
The Rural Electrification Corporation Limited (REC) has announced an opportunity for the distribution companies (DISCOMs) to avail loans to clear their dues. The loans under this program will be co-funded ...
MNRE Asks State Electricity Regulators to Hear Petitions Online Amid COVID-19
The Ministry of New and Renewable Energy (MNRE) has requested all the State Electricity Regulatory Commissions (SERCs) to allow the online listing of petitions and hear urgent matters through video ...
Government Asks PGCIL to Offer 20-25% Rebate to DISCOMs on ISTS Charges
The Power Grid Corporation of India Limited (PGCIL), a state-owned power transmission company, recently received a letter from the Ministry of Power to consider offering a rebate of about 20-25% ...
DISCOMs in Union Territories to be Privatized, New Tariff Policy in the Making
In the fourth tranche of the economic stimulus package, Finance Minister Nirmala Sitharaman announced several significant power sector reforms. The latest announcement comes on the heels of the announcement made ...
CERC Approves Construction of Transmission Systems for 20 GW of Solar in Rajasthan
The Central Electricity Regulatory Commission (CERC) has passed an order granting regulatory approval to the Power Grid Corporation of India Limited (PGCIL) for setting up transmission systems under the second ...
Government to Inject ₹900 Billion to Help Ailing Power DISCOMs Amid Coronavirus Crisis
In a press conference in New Delhi, Finance Minister Nirmala Sitaraman announced that power distribution companies (DISCOMs) would receive ₹900 billion (~$12.03 billion) as part of the Government of India’s ...
Karnataka Power DISCOMs to Pay Lower Late Payment Surcharge Amid Coronavirus Crisis
The Karnataka Electricity Regulatory Commission (KERC) has issued an order lowering the late payment surcharges (LPS) by distribution companies (DISCOMS) to generation companies and transmission licensees in light of the ...
Chhattisgarh Revises Late Payment Surcharge for C&I Electricity Consumers
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued an order through a suo moto petition revising the late payment surcharges (LPS) for fixed electricity bills payable by industrial and ...
ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra
The Asian Development Bank (ADB) announced that it had approved a $346 million (~₹26.92 billion) loan to India to help provide efficient and reliable power to rural agriculture customers in ...
China Likely to Improve its Subsidy Policy for Electric Vehicles
The Ministry of Finance of the People’s Republic of China has issued a notice on ways to promote financial subsidies for new electric vehicles. The ministry said it had issued ...
Chhattisgarh Cuts Late Payment Surcharge to 0.75% to Help DISCOMs
To deal with the ongoing COVID-19 pandemic, which has caused economic disruptions across the board, the Chhattisgarh Electricity Regulatory Commission (CSERC) has issued an order reducing the payment of the ...
Ministry of Power Permits Laying of Transmission Lines During COVID-19 Lockdown
The Ministry of Power (MOP) has issued a notice asking the states and union territories to allow the Power Grid Corporation of India Limited (PGCIL) and other private interstate transmission ...
