Former President of Tata Motors Backs E-Scooter Startup BattRE

Former President of Tata Motors Backs E-Scooter Startup BattRE

BattRE, a technology-driven startup manufacturing electric scooters, has received an undisclosed amount of funding from Tata Motors’ former President Gajendra Chandel. The funds will be utilized for the launch of ...
/ / Electric Vehicles, Grid
IIT Hyderabad-Incubated Electric Vehicle Startup PURE EV Raises Funding

IIT Hyderabad-Incubated Electric Vehicle Startup PURE EV Raises Funding

PURE EV, an Indian Institute of Technology (IIT) Hyderabad-incubated startup, has raised an undisclosed amount of funding. The new round of funding is expected to enhance the company’s operations and ...
Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax incentives to speed ...
NTPC Gets Category I License for Inter-State Trading of Electricity

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) ...
/ / Grid, Market & Policy
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

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 ...
/ / Grid, Market & Policy
National Electric Mobility Plan 2020 Targets Deployment of Up to 7 Million EVs Across India

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

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 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

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

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 ...
/ / Grid, Market & Policy
NITI Aayog Gives Two-Wheeled Vehicle Makers 2 Weeks to Create EV Adoption Blueprint

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

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

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

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

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 ...
/ / Grid, Market & Policy
Electric Vehicles Likely to Get Registration Fee Exemption

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

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 Regulations

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 ...
/ / Grid, Market & Policy
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise. In April ...
/ / Demand Response, Grid
Industry-Wide Consultation Necessary Before Launching a Plan for Transition to EVs: CII

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

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

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 ...
Andhra Pradesh to Deploy 350 Electric Buses In Five Cities

Government Seeks Proposals from States for 5,000 Electric Buses

The Department of Heavy Industries (DHI) under the Ministry of Heavy Industry and Public Enterprises has invited expressions of interest from state transport departments for the deployment of 5,000 electric ...
Tariff for EV Charging in Chandigarh Set at ₹4/kWh

Tariff for EV Charging in Chandigarh Set at ₹4/kWh

In a bid to encourage the adoption of intelligent mobility among residents, the Joint Electricity Regulatory Commission has set the tariff for electric vehicle (EV) charging in Chandigarh. The commission ...
Court Upholds Deviation Settlement Mechanism Order Passed by Rajasthan Commission

Court Upholds Deviation Settlement Mechanism Order Passed by Rajasthan Commission

Recently, a petition filed by the Indian Wind Power Association (IWPA) had challenged the validity of the deviation settlement mechanism (DSM) regulations passed by the Rajasthan Electricity Regulatory Commission (RERC) ...