Equity Lock-In Period Criteria Relaxed for Transmission Service Providers
The Ministry of Power (MoP) has issued amendments to the 'equity lock-in period' given in the standard bidding documents to select transmission service providers for interstate transmission system (ISTS) projects ...
ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System
The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized to support a ...
Shortfall in Supply of Bundled Renewable Power to Attract Penalty of 400%
The Ministry of Power (MoP) has amended its guidelines for tariff-based competitive bidding for power procurement from round-the-clock (RTC) power projects to allow them to be bundled with any non-renewable ...
GAIL Seeks Transaction Advisor to Evaluate Acquisition of Renewable Energy Assets
Gas Authority of India Limited (GAIL) has invited bids for the appointment of a transaction advisor for evaluating merger and acquisition (M&A) opportunities in the renewable energy space. The scope ...
Rajasthan: No Transmission Charges for Solar Projects Powering EV Charging Stations
The Rajasthan Electricity Regulatory Commission (RERC) has issued regulations for determining tariffs for renewable energy-based power sources for 2020. An important regulation included a 100% exemption of intra-state transmission and wheeling ...
Over ₹281 Billion Needed for Building Transmission Systems for Evacuating Renewables
The Central Electricity Authority (CEA), in its annual report for 2019-20, issued updates on the Green Energy Corridor program for the transmission and integration of renewable energy. To boost the ...
IEX’s Real-Time Market Trades 814 Million Units of Power in October
The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a total trade volume of 814 million units (MU) of power in October 2020, up 16% from ...
Central Regulator Introduces Amendments to Trading License Regulations
The Central Electricity Regulatory Commission (CERC) has issued amendments to its previous regulations for the payment of fees for electricity trading. The regulations will come into effect from April 01, ...
DISCOM Dues to Renewable Generators Decline Marginally to ₹106.7 Billion in September
Distribution companies (DISCOMs) owed over ₹106.7 billion (~$1.43 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 460 pending invoices, according to data from the Ministry of ...
Open Access Consumers Can Use Smart Meters As Interface Meters
The Central Electricity Authority (CEA), in a recent notification, said that in case of open access consumers connected to a distribution system, smart meters can be used as interface meters ...
Gujarat Seeks Manufacturers for 5,000 E-Rickshaws and 10,000 Electric Two-Wheelers
The Gujarat Energy Development Agency (GEDA) has invited bids for manufacturers to market and distribute 5,000 battery-operated three-wheelers with lithium-ion batteries in the state. The tender has been floated under ...
No Registration Fee or Road Tax for First 200,000 Electric Two-Wheelers in Telangana
The Government of Telangana has released its new Electric Vehicle (EV) and Energy Storage Policy for 2020-2030, announcing subsidies, policy measures, and other incentives to turn the state into an EV and ...
REC Trading Expected to Resume from November 25th
Power exchanges may resume trading renewable energy certificates (REC) on November 25, 2020, after a four-month halt following a stay order by the Appellate Tribunal for Electricity (APTEL) back in ...
MCX and IEX Sign Licensing Agreement to Launch Electricity Derivatives in India
The Multi-Commodity Exchange of India (MCX) announced that it has entered into a licensing agreement with the Indian Energy Exchange (IEX) to launch electricity derivatives in the country. Derivatives refer ...
13% of Indian Households Still Don’t Have Access to Grid-Connected Electricity: Survey
A recently-released survey suggests that nearly 87% of the country's population has access to grid-based electricity, while 13% either use non-grid sources for electricity and lighting or don't use any ...
Bids Invited to Set Up Charging Stations for 225 Electric Buses in Uttar Pradesh
The Construction and Design Services of Uttar Pradesh Jal Nigam has invited bids to set up charging stations for 225 electric buses at Prayagraj, Ghaziabad, Gorakhpur, and Kanpur. The last ...
India’s EESL to Invest $5 Million in Thailand’s Electric Vehicle Manufacturer
India’s Energy Efficiency Services Limited (EESL) would invest in SWAG EV, an electric vehicle (EV) manufacturer in Thailand, in a bid to drive convergence – an emerging concept bringing together electric mobility, ...
India’s Power Supply Deficit Shrunk to 0.3% in the First Half of FY 2020: CEA
India’s power supply deficit narrowed down to 0.3% in the first half (1H) of the financial year (FY) 2020-2021, according to data from the Central Electricity Authority (CEA). This was ...
Kerala DISCOM Keen on Purchasing Power from NHPC’s 200 MW Solar Project
The Kerala State Electricity Board Limited (KSEB) has decided to seek in-principle approval from the Kerala State Electricity Regulatory Commission (KSERC) to procure 200 MW of solar power from NHPC ...
Delhi Expands Applicability of Virtual Net Metering for Renewable Consumers
The Delhi Electricity Regulatory Commission (DERC) has amended its regulations on group net metering and virtual net metering for renewable energy. In the amendment, the regulator has modified its guidelines ...
Solar Developer in Uttar Pradesh Penalized for Not Complying with Commission’s Order
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has come down on a project developer for non-compliance with its previous order. The regulator has given Pinnacle Renewable Energy Private Limited four ...
PFC Approves Nearly ₹21 Billion for Sterlite’s ISTS Project Connecting West & Northeast
Mumbai-based power transmission company Sterlite Power secured the financial closure for its Vapi II North Lakhimpur Transmission Limited (VNLTL). Sterlite said that the total debt funding of ₹20.7 billion (~$281 ...
Uttar Pradesh Regulator Accepts Delay in Implementing Forecasting Rules Due to COVID-19
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued an order accepting delays by the state load despatch center (SLDC) in implementing its procedures for forecasting, scheduling, and deviation settlement ...
Haryana DISCOM’s Move to Procure Open Access Solar Power Lands in Court, Treated as PIL
A petition has been filed to quash the decision taken by the Haryana Power Purchase Centre (HPPC) to procure power from a 50 MW solar project of Amplus Sun Solutions ...
REC Earmarks ₹27.9 Billion Loan to Help Jammu and Kashmir DISCOM With its Dues
REC Limited has approved a ₹27.9 billion (~$380.9 million) loan to the Jammu Kashmir Power Corporation Limited (JKPCL) under the liquidity infusion program of the Indian Government’s Aatmanirbhar Bharat initiative. The ...
