Ministry of Power Proposes New Program to Liquidate the Past Dues of DISCOMs

Ministry of Power Proposes New Program to Liquidate the Past Dues of DISCOMs

The Ministry of Power (MoP) announced that it is working on a program to mitigate the financial woes of the Distribution Companies (DISCOMs) by liquidating their dues. The delay in ...
Tenders Issued to Develop ISTS Network for Evacuating 18 GW of Renewable Power in Gujarat

Tenders Issued to Develop ISTS Network for Evacuating 18 GW of Renewable Power in Gujarat

REC Power Development and Consultancy Limited (RECPDCL) has issued four global tenders to build interstate transmission systems (ISTS) on a build, own, operate, and transfer basis at Khavda pooling station ...
/ / Grid, T&D, Uncategorized
Electric Scooter Maker Ather Raises $128 Million from NIIFL and Hero MotoCorp

Electric Scooter Maker Ather Raises $128 Million from NIIFL and Hero MotoCorp

Indian electric two-wheeler company Ather Energy has raised $128 million from the National Investment and Infrastructure Fund’s (NIIF) Strategic Opportunities Fund (SOF) and Hero MotoCorp, in a Series E funding ...
DISCOMs' Legally Obligated to Supply 247 Uninterrupted Power to Mid-Sized Cities

DISCOMs Legally Obligated to Supply 24/7 Uninterrupted Power to Mid-Sized Cities

The Ministry of Power issued a gazette notification that distribution licensees must ensure 24/7 uninterrupted power supply to all the consumers residing in cities with 100,000 or more residents to ...
/ / Grid, Market & Policy
DISCOM Dues to Renewable Energy Generators Drops to ₹200.44 Billion in April

DISCOM Dues to Renewable Energy Generators Drops to ₹200.44 Billion in April

Distribution companies (DISCOMs) owed renewable generators ₹200.44 billion (~$2.63 billion) in overdue payments (excluding disputed amounts) at the end of April, according to the data released by the Ministry of ...
Peak Power Demand Touches All-Time High of 201 GW

Peak Power Demand Touches All-Time High of 201 GW

The all-India peak power demand touched an all-time high of 201.066 GW on April 26, 2022, surpassing the peak power demand of 200.539 GW met on July 7, 2021. According ...
/ / Demand Response, Grid
Tender Floated for Setting Up 810 EV Charging Stations Along Highways

Tender Floated for Setting Up 810 EV Charging Stations Along Highways

Convergence Energy Services Limited (CESL) has issued a request for proposal (RfP) from Charge Point Operators for the installation and maintenance of 810 electric vehicle (EV) charging stations for four-wheelers ...
/ / Electric Vehicles, Grid
Omega Seiki to Invest $250 Million for an Electric Three-Wheeler Plant in Karnataka

Omega Seiki to Invest $250 Million for an Electric Three-Wheeler Plant in Karnataka

The electric vehicle manufacturing wing of Anglian Omega Group, Omega Seiki Mobility (OSM), announced that it would set up the world's largest electric three-wheeler manufacturing unit in Karnataka with an ...
/ / Electric Vehicles, Grid
Government Warns of Heavy Penalties and Mass Recall of EVs Following Battery Fires

Government Warns of Heavy Penalties and Mass Recall of EVs Following Battery Fires

Minister of Road Transport and Highways of India Nitin Gadkari has warned that any electric vehicle (EV) company found to be negligent in its manufacturing process will face heavy penalties, ...
/ / Electric Vehicles, Grid
Honda to Invest $39 Billion Investment With Focus on EVs, Batteries

Honda to Invest $39 Billion With Focus on EVs, Batteries

Honda Motors has announced that it will invest approximately 5 trillion yen (~$39.84 billion) in electrification and software technologies to accelerate its business globally in the next ten years. The motor ...
/ / Electric Vehicles, Grid
Andhra Issues Tariff Order for FY 2023, Introduces A Separate Grid Support Charge

Andhra Issues Tariff Order for FY 2023, Introduces A Separate Grid Support Charge

Andhra Pradesh Electricity Regulatory Commission (APERC) has announced tariffs for commercial and industrial consumers for the financial year (FY) 2022-23. The state regulatory body for individual states issues a yearly ...
/ / Grid, Market & Policy
CERC Orders Power Exchanges to Cap Market Clearing Price at ₹12kWh

CERC Orders Power Exchanges to Cap Market Clearing Price at ₹12/kWh

Central Electricity Regulatory Commission (CERC) directed the power exchanges to re-design their bidding software so that members can submit their buy bids at the maximum price of ₹12 (~$0.16)/kWh for ...
/ / Grid, Market & Policy
EV Ride-Hailing Platform BluSmart Secures ₹2.6 Billion from IREDA for Electric Cars

EV Ride-Hailing Platform BluSmart Secures ₹2.6 Billion from IREDA for Electric Cars

The Indian Renewable Energy Development Agency Limited (IREDA) approved a loan of ₹2.68 billion (~$35.27 million) to BluSmart Mobility, an electric ride-hailing platform — to buy 3,000 electric cars. The ...
Highest Payment Overdue for Power Generators is from Tamil Nadu and Maharashtra DISCOMs

Highest Payment Overdue for Power Generators is from Tamil Nadu and Maharashtra DISCOMs

Distribution companies (DISCOMs) owed renewable generators ₹209.16 billion (~$2.74 billion) in overdue payments (excluding disputed amounts) at the end of March 2022, according to the data released by the Ministry ...
/ / Grid, Market & Policy
Karnataka Approves Carry Forward of Banked Renewable Energy Until August 2022

Karnataka Approves Carry Forward of Banked Renewable Energy Until August 2022

The Karnataka Electricity Regulatory Commission (KERC) recently ruled that the energy banked and unutilized as of March 31, 2021, including the carried forward banked energy for the financial year 2020 ...
/ / Grid, Market & Policy
Over 2,877 EV Charging Stations Approved under FAME-II Program MHI

Over 2,877 EV Charging Stations Approved Under FAME-II Program: MHI

The Ministry of Heavy Industries (MHI) has approved 2877 electric vehicle (EV) charging stations in 68 cities across 25 states and union territories under the second phase of faster adoption and ...
/ / Electric Vehicles, Grid
EverSource Capital Buys Majority Stake in EV Operator Lithium Urban

EverSource Capital Buys Majority Stake in EV Operator Lithium Urban

EverSource Capital, a climate impact fund, has announced an investment in Lithium Urban Technologies, an electric vehicles (EV) company, for a majority stake. Lithium Urban operates a fleet of four-wheeler ...
Tender Issued For Grid Modernization and Solar Power Integration in the Maldives

Tender Issued For Grid Modernization and Solar Power Integration in the Maldives

The Republic of Maldives Ministry of Finance, on behalf of the Ministry of Environment, Climate Change and Technology, has issued a request for bids (RfB) for infrastructure works to support ...
DISCOM Dues to Renewable Generators Mount to ₹205.7 Billion at the End of February

DISCOM Dues to Renewable Generators Mount to ₹205.7 Billion at the End of February

Distribution companies (DISCOMs) owed renewable generators ₹205.17 billion (~$2.68 billion) in overdue payments (excluding disputed amounts) at the end of February 2022, according to the data released by the Ministry ...
/ / Grid, Market & Policy
Green Energy Corridor To Evacuate 20 GW of Renewables To be Completed by FY26

Green Energy Corridor to Evacuate 20 GW of Renewables to be Completed by FY26

The Ministry of New and Renewable Energy (MNRE) has issued a notification granting approval to implement the Intrastate Transmission System Green Energy Corridor (GEC), Phase-II, in Gujarat, Himachal Pradesh, Karnataka, ...
/ / Grid, T&D
Transmission Networks Issues Rules to Plan Communication Systems for Transmission Networks

Ministry of Power Issues Rules to Plan Communication Systems for Transmission Networks

The Ministry of Power (MoP) has formulated guidelines for planning communication systems for new and existing inter-state transmission systems (ISTS) to help define their categories and the corresponding approval procedure ...
/ / Grid, Market & Policy
Bids Invited for Interstate Transmission System to Evacuate of 20 GW of Renewables

Bids Invited for Interstate Transmission System to Evacuate 20 GW of Renewables

PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation (PFC), has invited bids to develop an interstate transmission system (ISTS) to evacuate 20 GW of power from the renewable energy ...
/ / Grid, T&D
EV Charging Company ChargePoint’s Revenue Up 90% YoY in Q4 FY 2022

EV Charging Company ChargePoint’s Revenue Up 90% YoY in Q4 FY 2022

U.S.-based electric vehicle (EV) charging network company ChargePoint has released the financial results for the fourth quarter (Q4), and the fiscal year (FY) 2022 ended January 31, 2022. The company ...
Regulator Upholds APTEL Ruling, Directs DISCOM to Compensate Solar Developers

Regulator Upholds APTEL Ruling, Directs DISCOM to Compensate Solar Developers

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, asked the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to compensate two solar developers for the additional cost incurred due ...
/ / Grid, Market & Policy
Ministry of Power Issues Amendments to Short-Term Power Procurement Guidelines

Ministry of Power Issues Amendments to Short-Term Power Procurement Guidelines

The Ministry of Power has issued amendments to the short-term power procurement (for a period of more than one day to one year) by distribution licensees through tariff-based bidding process ...
/ / Grid, Market & Policy