Implementation of Revisions to EV Battery Testing Standards Postponed

Implementation of Revisions to EV Battery Testing Standards Postponed

The Ministry of Road Transport and Highways (MoRTH) has extended the implementation of amendments to Electric Vehicle (EV) battery testing standards from October 1, 2022, to December 2022 and March ...
Market Clearing Price Cap of ₹12/kWh in Power Exchanges Valid Until December-end

Market Clearing Price Cap of ₹12/kWh in Power Exchanges Valid Until December-end

The Central Electricity Regulatory Commission (CERC) has ruled that the power exchanges should continue to allow members to quote a price in the range of ₹0/kWh to ₹12(~$0.15)/kWh in the ...
/ / Grid, Market & Policy
Uttar Pradesh DISCOM to Tender 10 MW40 MWh Battery Energy Storage Project

Uttar Pradesh DISCOM to Tender 10 MW/40 MWh Battery Energy Storage Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved a request by the Uttar Pradesh Power Corporation (UPPCL) to issue a tender to install five battery energy storage systems (BESS) ...
Punjab Aims 25% EV Registrations by 2027, Incentivizes Giga Battery Manufacturing

Punjab Aims 25% EV Registrations by 2027, Incentivizes Giga Battery Manufacturing

The draft Punjab Electric Vehicle Policy 2022 has targeted 25% of annual vehicle registrations to be electric vehicles (EVs) by 2027. The draft policy issued by the Punjab Department of ...
Regulator Allows DISCOMs to Buy Green Power from Exchange-Linked Contracts

Regulator Allows DISCOMs to Buy Green Power from Exchange-Linked Contracts

The Maharashtra Electricity Regulatory Commission (MERC) recently directed three distribution companies (DISCOMs) to tie up the medium-term and short-term power for their base load at the earliest. It also allowed ...
/ / Grid, Market & Policy
Husk Power Secures $6 Million Debt Facility to Implement Solar Microgrids

Husk Power Secures $6 Million Debt Facility to Implement Solar Microgrids

Husk Power Systems, which operates solar-hybrid microgrids across rural Asia and Africa, has signed a debt facility of $6 million from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). The ...
/ / Grid, Market & Policy
A Smarter Grid Imperative for Efficient Clean Energy Transition GE Interview

A Smarter Grid Imperative for Efficient Clean Energy Transition: GE Interview

Maintaining grid stability is critical to transmitting the required power to consumers with increasing energy demands. Due to their intermittency, renewable assets require greater flexibility to incorporate distributed energy resources ...
/ / Grid, Market & Policy
Rajasthan Lays Thrust on Electric Vehicle Manufacturing in its EV Policy 2022

Rajasthan Lays Thrust on Electric Vehicle Manufacturing in its EV Policy 2022

The Rajasthan EV policy 2022 lays out financial and non-financial incentives and initiatives that would support the adoption of electric vehicles (EV) and seeks to promote EV manufacturing and related ...
Chhattisgarh’s EV Policy Targets 15% of all Vehicles to be Electric by 2027

Chhattisgarh’s EV Policy Targets 15% of All Vehicles to Be Electric by 2027

The Chhattisgarh State Electric Vehicle Policy, 2022 aims to accelerate the adoption of electric vehicles (EV), especially in the two-wheeler, public/shared transport, and goods carrier segments. It has targeted 15% ...
Sterlite Commissions 400 kV Transmission Line to Evacuate 1 GW of Renewables from Gujarat

Sterlite Commissions 400 kV Transmission Line to Evacuate 1 GW of Renewables From Gujarat

Mumbai-based integrated power transmission developer Sterlite Power's Mumbai Urja Marg Transmission (MUML) commissioned a 400 kV transmission line in the Banaskantha, Kansari, and Vadavi regions of Gujarat, four months ahead ...
/ / Grid, Market & Policy
POSOCO Forbids 15 DISCOMS in Seven States from Trading in Power Exchanges

POSOCO Forbids 15 DISCOMS in Seven States from Trading in Power Exchanges

Power System Operation Corporation (POSOCO) has debarred 15 distribution companies (DISCOMs) in six states and a Union Territory from buying or selling electricity at power exchanges as a penalty for ...
/ / Grid, Market & Policy
Power Ministry Proposes Renewable Energy Central Pool with Uniform Tariffs

Power Ministry Proposes Renewable Energy Central Pool with Uniform Tariffs

The Ministry of Power (MoP) has suggested creating a central pool of interstate transmission systems (ISTS)-connected renewable energy sources from which an intermediary company will procure power to be supplied ...
/ / Grid, Market & Policy
Power Exchanges Allowed Time to Implement Clearing and Settlement Mechanism

Power Exchanges Allowed Time to Implement Clearing and Settlement Mechanism

The Central Electricity Regulatory Commission (CERC) has granted time for one more year from August 15, 2022, for power exchanges to align their clearing and settlement system to the Payment ...
/ / Grid, Market & Policy
Open Access Consumers in West Bengal to Pay Wheeling Charges of ₹0.99kWh for FY23

Open Access Consumers in West Bengal to Pay Wheeling Charges of ₹0.99/kWh for FY23

West Bengal Electricity Regulatory Commission (WBERC) has directed open access consumers to pay ₹0.99 (~$0.012)/kWh as wheeling charges to West Bengal State Electricity Distribution Company (WBSEDCL) for the use of ...
/ / Grid, Market & Policy
Additional Surcharge for Open Access Power Consumers in Punjab Reduced to ₹1.10/kWh

Additional Surcharge for Open Access Power Consumers in Punjab Reduced to ₹1.10/kWh

The Punjab State Electricity Regulatory Commission (PSERC) has set an additional surcharge of ₹1.10 (~$0.014)/kWh for full open access consumers and partial open access consumers beyond their contract demand within ...
/ / Grid, Market & Policy
25 State Power Utilities Downgraded in Annual DISCOM Ratings

25 State Power Utilities Downgraded in Annual DISCOM Ratings

The Ministry of Power has released its tenth annual integrated ratings for the state distribution companies (DISCOMs) for the financial year (FY) 2022. Out of the 71 DISCOMs covered, six ...
/ / Grid, Market & Policy
REC Approves ₹220 Billion for DISCOMs to Clear Dues to Power Generators

REC Approves ₹220 Billion for DISCOMs to Clear Dues to Power Generators

REC Limited, a public infrastructure finance company, has approved ₹220 billion (~$2.78 billion) for the power utilities of Jharkhand, Rajasthan, Chhattisgarh, and Jammu & Kashmir to clear their outstanding dues ...
/ / Grid, Market & Policy
Ministry Mulls Introducing High Price Day-Ahead Market in Power Exchanges

Ministry Mulls Introducing High Price Day-Ahead Market in Power Exchanges

The Ministry of Power (MoP) has proposed the introduction of a high price market segment for the day ahead market (HPDAM). The stakeholders have time until August 21, 2022, to ...
/ / Grid, Market & Policy
DISCOM Dues to Renewable Generators Inch Up to ₹237 Billion in July

DISCOM Dues to Renewable Generators Inch Up to ₹237 Billion in July

Distribution companies (DISCOMs) owed renewable energy generators ₹237.06 billion (~$3 billion) in overdue payments (excluding disputed amounts) at the end of July, according to Ministry of Power data. The figure ...
/ / Grid, Market & Policy
Haryana to Procure 150 MW of Renewable Power with Assured Peak Power Supply

Haryana to Procure 150 MW of Renewable Power with Assured Peak Power Supply

The Haryana Electricity Regulatory Commission (HERC) recently allowed  Haryana Power Purchase Center (HPPC) to procure 150 MW of renewable power with a guaranteed peak power supply from the Solar Energy ...
Hybrid Projects Can Ensure Higher Grid Stability and Solve Intermittency Issues

Hybrid Projects Can Ensure Higher Grid Stability and Solve Intermittency Issues

The intermittent nature of standalone wind and solar power sources has made wind-solar hybrid projects more attractive as they provide a longer-duration power supply and maximize resources. The renewable industry ...
/ / Grid, Market & Policy
Global Demand for EV Batteries to Rise to 3,500 GWh by 2030 IEA

Global Demand for EV Batteries to Rise to 3,500 GWh by 2030: IEA

Demand for electric vehicle (EV) batteries will increase from the current 340 GWh to over 3,500 GWh by 2030. The findings were published in the International Energy Agency’s (IEA) report, ...
DISCOM Dues to Renewable Generators Decline Marginally to ₹200.37 Billion in June

DISCOM Dues to Renewable Generators Decline Marginally to ₹200.37 Billion in June

Distribution companies (DISCOMs) owed renewable generators ₹200.37 billion (~$2.55 billion) in overdue payments (excluding disputed amounts) at the end of June, according to the data released by the Ministry of Power ...
Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

The Bangladesh government and the World Bank have signed a $515 million financing agreement for the country's Electricity Distribution Modernization Program that will support the digitization and modernization of 25 ...
Demand Incentives Key for Greater Adoption of Electric Two-Wheelers: NITI Aayog

Demand Incentives Key for Greater Adoption of Electric Two-Wheelers: NITI Aayog

Electric two-wheelers sales could touch 22.02 million in financial year (FY) 2031 if battery costs reduce by 8% CAGR, vehicle power increases by 20% by FY 2024, and demand incentives ...