Market & Policy

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CERC Reiterates Procedure for Recovery of Legacy Dues in DSM Pool Account

The Central Electricity Regulatory Commission (CERC) has reiterated that the approved methodology in the National Load Despatch Centre’s (NLDC) detailed procedure...

January 14, 2025

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Arjun Joshi

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Grid

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Market & Policy
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E-Tractor Company Moonrider Secures $2.2 Million in Seed Funding

Bengaluru-based electric tractor technology company Moonrider has raised $2.2 million (~₹182.6 million) in a seed funding round co-led by AdvantEdge Founders and Micelio...

January 9, 2025

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Tina Freese

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Electric Vehicles

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Market & Policy
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Chhattisgarh Issues Draft Deviation Settlement Guidelines

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued the Draft Chhattisgarh State Electricity Regulatory Commission (Intra-State Deviation...

January 7, 2025

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Arjun Joshi

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Grid

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Market & Policy
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DISCOMs Owed Power Generators ₹673 Billion in December 2024

DISCOMs owed power generators ₹672.91 billion (~$7.84 billion) in total dues for the monthly billing cycle in December 2024, according to the Ministry of Power’s payment...

January 3, 2025

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Arjun Joshi

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Grid

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Market & Policy
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Electric Vehicle Sales Clock 27% Yearly Growth in 2024, Reach 1.9 Million Units

Electric vehicle (EV) sales in India reached a record 1.95 million units in 2024, an over 27% growth year-over-year against the 1.53 million units sold in 2023. EVs...

January 2, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Andhra Pradesh Launches Sustainable Electric Mobility Policy 4.0

Andhra Pradesh has unveiled its Sustainable Electric Mobility Policy 4.0 for the duration between 2024 and 2029. The policy aims to make the state a global hub for...

December 13, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Better Forecasting Tools Vital to Prevent Deviations by Renewable Energy Generators

The Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024 aim to bring precision and stability to India’...

December 13, 2024

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Parinay Deep Shah

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Grid

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Market & Policy
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France-based EDF Proposes 5 GW Pumped Hydro Storage Project in UAE

France-based energy company EDF has announced plans to explore the development of a 5 GW pumped hydro storage facility in Ras Al Khaimah, UAE. The proposed facility is...

December 9, 2024

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Baset Asaba

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Energy Storage

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Market & Policy
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DISCOMs Owe Power Generators ₹653 Billion in November

State power distribution companies (DISCOMs) owed power generators ₹653.51 billion (~$7.71 billion) in total dues for the monthly billing cycle in November 2024,...

December 3, 2024

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Arjun Joshi

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Grid

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Market & Policy
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Grid Controller of India Updates Rules for Electricity Late Payment Surcharge

The Grid Controller of India (POSOCO) has released an updated procedure to implement the Electricity (Late Payment Surcharge and Related Matters) Rules 2022 and...

November 29, 2024

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Arjun Joshi

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Grid

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Market & Policy
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CEA Approves Uniform Protection Protocol for Power Grid Stability

The Central Electricity Authority (CEA) has approved the Uniform Protection Protocol to ensure grid stability, reliability, and security and safely integrate 450 GW of...

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Karnataka Proposes 43.33% Renewable Energy Target by 2029-30

The Karnataka Electricity Regulatory Commission (KERC) has proposed new renewable energy targets for the state, aiming to reach 43.33% of total energy consumption from...

November 8, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Power Ministry Issues New Rules to Strengthen DISCOMs’ Financial Disclosure

The Ministry of Power has issued the Electricity Distribution (Accounts and Additional Disclosure) Rules, 2024, to enhance transparency in financial disclosures and...

October 28, 2024

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Arjun Joshi

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Grid

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Market & Policy
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Transmission Infrastructure Overhaul by 2027 to Cost ₹4.25 Trillion: CEA

The estimated expenditure for implementing the additional transmission system (including transmission lines, substations, and reactive compensation) during 2022-27 is...

October 22, 2024

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Arjun Joshi

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Grid

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Market & Policy
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US Energy Storage Market Surges 74% with 10,492 MWh Installed in Q2 2024

The second quarter of 2024 marked a milestone for the U.S. energy storage market, with total installations reaching 3,011 MW/10,492 MWh, a 74% increase from the same...

October 7, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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