Market & Policy
The board of Power Grid Corporation of India (POWERGRID) has approved raising unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds for ₹9 billion...
The Union Government has launched a High Price Day-Ahead Market (HP-DAM) and surplus power portal (PUShP), aiming to ensure greater power availability during the peak...
The government has accepted the recommendations of a task force on modernizing India’s power transmission system, paving the way for real-time monitoring,...
The Central Electricity Regulatory Commission (CERC) has issued new guidelines to supplement the Deviation Settlement Mechanism (DSM) Regulations 2022 to maintain grid...
The Indian electric vehicle (EV) industry is hoping for the government to rationalize the indirect tax structure on EV components and extend the rollout of incentives...
The Ministry of Power has proposed to expand the security-constrained economic dispatch (SCED) program by including more state-owned thermal projects, which would run on...
Shell USA, a subsidiary of the oil major Shell, has acquired Volta, a U.S.-based Electric Vehicle (EV) Infrastructure company, in an all-cash transaction valued at...
The Supreme Court is likely to apprise itself of the status of the installation of bird flight diverters atop power transmission in the habitat of the endangered Great...
The Reserve Bank of India (RBI), in consultation with the government, has said it will issue the Sovereign Green Bonds (SGB) worth ₹160 billion (~$1.9 billion) in two...
Norway’s development finance institution Norfund and the country’s largest pension fund KLP have announced an investment of NOK109 million (~$10.85 million) for a 49%...
The Ministry of Power is considering changes in the tariff policy that will allow the state governments to provide subsidies to eligible categories of consumers directly...
Electric vehicle (EV) sales in India reached a record one million units in 2022, a jump of over 300% against the 322,877 units sold in 2021. EVs accounted for 4.7% of...
The Ministry of Power is considering cutting the tenure of prospective long-term power purchase agreements (PPAs) to 12-15 years from the extant 25 years to provide more...
The Central Electricity Regulatory Commission (CERC) passed a suo motu order retaining the ₹12 (~$0.14)/kWh price cap on power exchanges till further notice to ensure...
Less than three weeks after the Central Electricity Regulatory Commission’s (CERC) new regulation de-linked deviation charges and frequency, grid frequency swung...
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