Markets Policy Grid

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Renewable Energy Developers Must Comply with Connectivity Rules or Face Action

The Central Electricity Authority (CEA) has directed renewable energy developers who have applied for connectivity until April 30, 2023 to comply with CEA Connectivity...

June 6, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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ChargePoint’s Q1 Net Loss Narrows 11% YoY on the Back of Higher Income

Electric vehicle (EV) charging solution provider ChargePoint’s net loss narrowed by 11% year-over-year (YoY) to $79.4 million for the first quarter (Q1) of the financial...

June 2, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Karnataka Increases Average Retail Electricity Tariff by ₹0.70/kWh for FY24

The Karnataka Electricity Regulatory Commission (KERC) has increased the average retail electricity tariff for all low-tension (LT) and high-tension (HT) categories by...

May 31, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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Sheru’s Vehicle-to-Grid Station to Support Delhi DISCOM’s Peak Power Demand

New Delhi-based electricity distribution services company BSES Rajdhani Power (BRPL) has partnered with energy storage and software company Sheru to develop a...

May 24, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Siemens to Acquire Mass-Tech’s Electric Vehicle Division for ₹380 Million

Siemens, a German-based multinational conglomerate that is also involved in the transmission and generation of power, has signed an agreement to acquire the electric...

May 24, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Fixed Charge Waiver for Power Connections to Boost EV Charging Infra: Interview

While direct and indirect tax incentives have propelled the growth of electric vehicles in India, the government can augment electricity infrastructure to ensure the...

May 24, 2023

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Sumit Jha

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Electric Vehicles

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Market & Policy
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Battery Startup EMO Raises ₹100 Million in Seed Funding Round

Bengaluru-based energy startup EMO Energy, which builds battery packs for high-power applications, has raised ₹100 million (~$1.2 million) in a seed round led by...

May 23, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Government to Cut Electric Two-Wheeler Subsidy to ₹10,000 From June

At a time when the sales of electric vehicles, especially two-wheelers (e-2W), were seeing an upsurge, the government has slashed the subsidy for e-2Ws from ₹15,000...

May 22, 2023

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Gourav Mishra

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Electric Vehicles

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Market & Policy
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DISCOMs’ Inflexible Contracts Limiting Participation in Power Exchanges

A committee of experts constituted by the Ministry of Power has noted that the electricity market in India faces significant challenges that hinder the integration of...

May 17, 2023

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Arjun Joshi

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Grid

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Market & Policy
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Solar, Wind, BESS Projects Using Made-in-US Content Eligible for a 10% Bonus

Solar, wind, and battery energy storage systems (BESS) projects in the United States will be eligible for a bonus credit of 10% of the project cost if they meet domestic...

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Experts Panel Outlines Roadmap to Redesign Indian Electricity Market

A committee of experts constituted by the Ministry of Power to develop India’s electricity market has proposed comprehensive solutions to address key issues such...

May 15, 2023

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Arjun Joshi

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Demand Response

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Grid

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Market & Policy
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Strict Financing Rules & Penalties for Non-Payment Help Improve DISCOMs’ Performance

Stricter regulations around financing, severe penalties for non-payment of dues, mandatory energy accounting, and auditing are the driving factors behind the...

May 11, 2023

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Satish Shetty

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AT&C

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Grid

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Market & Policy
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CERC Approves Introduction of Ancillary Services Segment on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has approved the introduction of the Tertiary Reserve Ancillary Services (TRAS) market segment on all three power...

May 5, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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Experts Call for Subsidies to Foster Growth of EV Charging Infrastructure

Electric Vehicle (EV) sales in India have steadily grown in the last few years. In 2022, the sector witnessed a staggering 300% growth in sales compared to 2021, with...

May 2, 2023

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Rakesh Ranjan

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Electric Vehicles

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Grid

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Market & Policy
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Government Sets Norms for Auto Components Certification Under PLI Program  

The Ministry of Heavy Industries (MHI) has released standard operating procedures (SOPs) under the Production Linked Incentive (PLI) program for automotive companies and...

April 28, 2023

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Gourav Mishra

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Electric Vehicles

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Market & Policy

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