DISCOMs in the Top Renewable States are the Biggest Defaulters as Dues Reach ₹69 Billion
Distribution companies (DISCOMs) in the top renewable energy generating states of the country are the biggest defaulters when it comes to paying dues for the power procured from renewable projects ...
After June’s Dip, Spot Power Price Rises Slightly to ₹3.38/kWh in July 2019
In July 2019, the spot power prices witnessed a surge, rising to ₹3.38 (~$0.048)/kWh. This was a 15% increase month-over-month (MoM) when compared to June 2019, in which spot power ...
CERC Proposes New Regulations for Granting Electricity Trading License
The Central Electricity Regulatory Commission (CERC) has issued a notification to address the procedure, terms, and conditions for the grant of licenses for electricity trading. The draft notification sets the ...
In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%
In a positive development towards increasing electric mobility in the country, the government has cut the applicable rate of Goods and Services Tax (GST) on electric vehicles (EVs). The 36th ...
Government’s Advisory on How to Avail ISTS Waiver for Solar & Wind Projects
The Government of India has issued an advisory for submitting required documents for the waiver of interstate transmission system (ISTS) charges and losses on the transmission of electricity generated from ...
DISCOMs Feel the Heat: No Letter of Credit, No Advance Payment, No Power
The Ministry of Power has issued procedural guidelines for the scheduling of power to distribution companies in case of non-maintenance of the line of credit under the payment security mechanism. Recently, Minister ...
Vakrangee to Establish Electric Vehicle Charging Stations Across India
Vakrangee Limited, a technology-oriented company, has announced that it will establish charging infrastructure units for electric vehicles (EV) across India. The facilities will be set up at the company’s Nextgen ...
NTPC Gets Category I License for Inter-State Trading of Electricity
In a significant development for the country’s power sector, the Central Electricity Regulatory Commission (CERC) has granted a ‘Category I Electricity Trading License’ to the National Thermal Power Corporation (NTPC) ...
Spot Power Price Dips Slightly in June 2019 at 3.32/kWh as Solar Generation Rises
In June 2019, the spot power price was recorded at ₹3.32 (~$0.0483)/kWh. After soaring high for four consecutive months in 2019, the spot power price has now declined slightly by ...
National Electric Mobility Plan 2020 Targets Deployment of Up to 7 Million EVs Across India
The National Electric Mobility Mission Plan (NEMMP) 2020 targets the deployment of up to 7 million hybrid and electric vehicles (EVs) in India by 2020. This is a ‘national mission’ ...
Kerala Automobiles to Manufacture 8,000 Indigenous Electric Autorickshaws
The Kerala Automobiles Limited (KAL) is set to roll out indigenous three-wheeler eco-friendly autorickshaws in the state. According to the company, it has recently received the clearance certificate from Pune-based ...
Ola Electric Raises $250 Million from SoftBank
Ola Electric Mobility (OEM), a company backed by Ola, has raised ₹17.25 billion (~$250 million) from Tokyo-based SoftBank. SoftBank’s Cayman’s Islands entity, SB Topaz (Cayman) Ltd was allotted 4,326 compulsorily ...
Himachal Pradesh Amends its Regulation for Deviation Settlement Mechanism
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalized the amendments to its regulation on deviation settlement mechanism (DSM). The state commission had proposed the amendments in May 2019 and ...
DISCOMs Mandated to Maintain Letter of Credit as Payment Security Mechanism to Buy Power
In a bold move, RK Singh, Union Minister of State for Power and New & Renewable Energy has announced the approval of a proposal to make it mandatory for distribution ...
NITI Aayog Gives Two-Wheeled Vehicle Makers 2 Weeks to Create EV Adoption Blueprint
In a recent meeting held by NITI Aayog, two-wheeler industry stakeholders, and the Society of Indian Automobile Manufacturers (SIAM), the government think tank has asked the traditional two-wheeler players to ...
Andhra Pradesh to Deploy 350 Electric Buses In Five Cities
The Andhra Pradesh State Road Transport Corporation (APSRTC) has come up with a proposal to deploy 350 electric buses in five cities in the state. Overall, the project is likely ...
Jammu and Kashmir to Soon Add 30 Electric Buses in Srinagar’s Fleet
The Jammu and Kashmir (J&K) government has decided to deploy electric buses in the state’s summer capital Srinagar. Tata Motors has already supplied ten electric buses to the Jammu and ...
NITI Aayog Charts New Plan for Complete Transition to Electric Vehicles by 2030
The National Institute of Transforming India (NITI) Aayog has put out a bold proposal which states that after 2030, electric vehicles (EVs) have to be exclusively sold in the country ...
RK Singh Advises Generation Companies to Utilize Renewables to Meet Commitments
The Union Power Minister R.K. Singh held a meeting recently in the national capital to discuss the implementation issues regarding the mechanism issued by Ministry of Power for providing flexibility ...
Electric Vehicles Likely to Get Registration Fee Exemption
The Ministry of Road Transport and Highways (MORTH) has put forward a proposal to relieve electric and battery-operated vehicles from registration charges. This move comes at a time when the ...
BESCOM Readies Blueprint to Set Up 678 EV Charging Stations in Karnataka
The Bangalore Electricity Supply Company (BESCOM) has drawn a plan for setting up 678 electric vehicles (EV) charging stations across the state of Karnataka. The proposed plan has 100 charging ...
Uttar Pradesh Releases Blueprint for Open Access Power Regulations
As the share of renewable energy in the generation mix is increasing in the Indian states, an increasing number of state regulatory commissions are now either coming up with new open access regulations ...
Industry-Wide Consultation Necessary Before Launching a Plan for Transition to EVs: CII
The Confederation of Indian Industry (CII) has called stakeholders from across the transportation and renewable energy sectors for a consultation on the future of intelligent mobility in the country. CII ...
Uttar Pradesh Floats Expression of Interest for EV Charging Stations
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has issued an expression of interest (EoI) to set up charging stations for electric vehicles (EVs) in cities, highways, and expressways across ...
Madhya Pradesh Proposes EV Charging Tariff of ₹6 and ₹5.90 for LT and HT consumers
The Madhya Pradesh Power Management Company Limited (MPPMCL) has proposed the tariff for electric vehicle (EV) and electric rickshaw charging infrastructure in the state. This has been passed in a ...
