EESL Invites Bids to Supply ABT Meters for Decentralized Solar Projects

EESL Invites Bids to Supply ABT Meters for Decentralized Solar Projects

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids for the supply and installation of 300 availability-based tariff (ABT) meters for remote monitoring of ...
/ / Grid, Market & Policy
DISCOMs Owed Renewable Generators ₹113.34 Billion at the End of April 2021

DISCOMs Owed Renewable Generators ₹113.34 Billion at the End of April 2021

Distribution companies (DISCOMs) owed ₹113.34 billion (~$1.56 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 200 pending invoices at the end of April 2021, according to ...
CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021. The guidelines aim to provide for power procurement through the administered process as well as from the ...
Punjab Reduces Retail Residential Power Tariffs in the Wake of Covid-19

Punjab Reduces Retail Residential Power Tariffs in the Wake of Covid-19

The Punjab State Electricity Regulatory Commission (PSERC) has issued the tariff order for the financial year (FY) 2021-22. The new tariffs will be applicable from June 1, 2021, and will ...
Maharashtra Allows Twice a Month Revisions in Contract Demand for C&l Customers

Maharashtra Allows Twice a Month Revisions in Contract Demand for C&l Customers

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, allowed for revisions in contract demand up to two occasions for high-tension (HT) commercial and industrial (C&I) consumers and up ...
Electricity Regulators Suggest Measures to Reduce Retail Power Tariff

Electricity Regulators Suggest Measures to Reduce Retail Power Tariff

In a recent meeting, the Forum of Regulators discussed factors affecting the cost of power and stressed the need to analyze and evolve measures to reduce or contain the retail ...
CERC Approves Registration of India’s Third Power Exchange

CERC Approves Registration of India’s Third Power Exchange

The Central Electricity Regulatory Commission (CERC) has granted Pranurja Solution Limited (PSL) registration right to establish and operate a power exchange. It would make PSL the third power exchange in ...
/ / Grid, Market & Policy
IEX

Indian Energy Exchange’s Revenues Up by 20% YoY in FY 2021

The Indian Energy Exchange's (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ₹3.56 billion (~$48.48 million) compared to ₹2.97 billion (~$40.45 million) in ...
DISCOM Dues to Renewable Generators Slide to ₹120.25 Billion in March 2021

DISCOM Dues to Renewable Generators Slide to ₹120.25 Billion in March 2021

Distribution companies (DISCOMs) owed ₹120.25 billion (~$1.62 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 283 pending invoices at the end of March 2021, according to ...
Punjab Reduces Additional Surcharge Payable by Open Access Consumers to ₹1.16/kWh

Punjab Reduces Additional Surcharge Payable by Open Access Consumers to ₹1.16/kWh

The Punjab State Electricity Regulatory Commission (PSERC) has set additional surcharge payable by consumers availing power through open access sources in the state. For open access consumers (partial and full) ...
Ministry Directs Electricity Regulators to Ensure Timely Issue of Tariff Orders

Ministry Directs Electricity Regulators to Ensure Timely Issue of Tariff Orders

The Ministry of Power has issued a notification directing the state electricity regulatory commissions (SERCs) to issue tariff orders for the financial year (FY) 2020-21 at the earliest. The Ministry ...
Maharashtra Defers Levying State Periphery Charges on Renewable Generators

Maharashtra Defers Levying State Periphery Charges on Renewable Generators

The Maharashtra Electricity Regulatory Commission (MERC) has accepted the recommendations of the deviation settlement mechanism (DSM) working group and deferred the levy of state periphery charges until further notice. The ...
/ / Grid, Market & Policy
IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

To expand power markets beyond India, the Indian Energy Exchange (IEX) has introduced cross-border electricity trade (CBET) on its platform. The initiative is a step towards building an integrated South ...
/ / Grid, Market & Policy
IEX's Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

IEX’s Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

Driven by an increasing electricity demand across Indian states, the electricity market at the Indian Energy Exchange (IEX) witnessed an all-time high volume of 8,249 million units (MU) in March ...
/ / Grid, Market & Policy
The Role of DISCOMs in India's Transition to a Clean Energy Regime

The Role of DISCOMs in India’s Transition to a Clean Energy Regime

Distribution companies (DISCOMs) should ideally be at the forefront of fulfilling the country's clean energy commitments. However, DISCOMs have remained the weakest link in India's power system. The poor financial ...
/ / Grid, Market & Policy
National Average Power Purchase Cost of ₹3.85/kWh Set for Open Access Solar Projects

National Average Power Purchase Cost of ₹3.85/kWh Set for Open Access Solar Projects

The Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85 (~$0.052)/kWh. The APPC would be applicable during the financial year ...
/ / Grid, Market & Policy
DISCOMs’ Outstanding Payments to Renewable Generators Cross ₹123 Billion in February

DISCOMs’ Outstanding Payments to Renewable Generators Cross ₹123 Billion in February

Distribution companies (DISCOMs) owed ₹123.45 billion (~$1.68 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 206 pending invoices at the end of February 2021, according to ...
/ / Grid, Market & Policy
Unfit 20-Year Old Private Vehicles to Be Deregistered Under 'Vehicle Scrapping Policy'

Unfit 20-Year Old Private Vehicles to be Deregistered Under ‘Vehicle Scrapping Policy’

Speaking in the Lok Sabha, the Minister of Road Transport & Highways, Nitin Gadkari, announced the 'Vehicle Scrapping Policy.' "In the interest of a clean environment and rider and pedestrian ...
/ / Grid, Market & Policy
Letter of Credit Order Ignored, Andhra DISCOMs Allowed to Buy Power from Spot Market

Letter of Credit Order Ignored, Andhra DISCOMs Allowed to Buy Power from Spot Market

The Andhra Pradesh High Court, in a recent order, has allowed the distribution companies (DISCOMs) of the state to operate through power exchanges and to secure power through open access ...
/ / Grid, Market & Policy
Emphasis on Electric Vehicles and Solar Projects to Fight Pollution in Delhi Budget

Emphasis on Electric Vehicles and Solar Projects to Fight Pollution in Delhi Budget

The Delhi Government presented its budget for 2021-22, highlighting several sops for electric vehicles, electric public transportation, and solar projects. The Delhi Government has allocated ₹ 32.27 billion (~$442.18 million) ...
Andhra Pradesh Invites Bids to Procure Electric Two-Wheelers for Government Employees

Andhra Pradesh Invites Bids to Procure Electric Two-Wheelers for Government Employees

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has invited expressions of interest for electric two-wheelers for use by state government employees. Bidders must pay a non-refundable ...
Bombay High Court Stays DISCOM Privatization Auction Won by Torrent Power

Bombay High Court Stays DISCOM Privatization Auction Won by Torrent Power

The Bombay High Court has suspended the auction for a 51% equity stake in the power distribution company (DISCOM) for the Union Territory of Dadra and Nagar Haveli and Daman ...
/ / Grid, Market & Policy
NSEFI Seeks Interest Waiver to Help Solar Developers Clear Unpaid Safeguard Duty Dues

NSEFI Seeks Interest Waiver to Help Solar Developers Clear Unpaid Safeguard Duty Dues

The National Solar Energy Federation of India (NSEFI) has requested the Central Board of Indirect Taxes and Customs (CBIC) to introduce a 'Legacy Dispute Resolution/Settlement Program to help eligible safeguard ...
Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters

Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters

The Transport Department of the Government of Meghalaya has issued the 'Meghalaya Electric vehicle Policy, 2021', which aims to see electric vehicles (EV) representing 15% of the state's overall vehicle ...
Karnataka’s Renewable Energy Policy for 2021-2026 Aims at Adding 2 GW of Rooftop Solar

Karnataka’s Renewable Energy Policy for 2021-2026 Aims at Adding 2 GW of Rooftop Solar

Karnataka Renewable Energy Development Limited (KREDL) has issued the ‘Draft Karnataka Renewable Energy Policy 2021-2026” aimed at developing 20 GW of renewable energy projects with and without energy storage. According ...