Daily News Wrap-Up: Tamil Nadu Hikes Retail Electricity Tariffs for C&l Consumers

Haryana to offer up to 75% subsidies on solar pumps installed under the KUSUM program

July 5, 2023


The Tamil Nadu Electricity Regulatory Commission, in its new tariff order, has increased the retail tariffs for the financial year 2023-24. The Commission has increased the retail electricity tariff for high-tension industrial consumers by 2.2% to ₹6.90 (~$0.084)/kWh from the earlier ₹6.75 (~$0.082)/kWh. Similarly, the retail tariff for commercial consumers has been increased by 2.4% to ₹8.70 (~$0.11)/kWh from ₹8.50 (~$0.10)/kWh.

Haryana’s Department of New and Renewable Energy has announced subsidies of up to 75% for solar pumps ranging from 3 HP to 10 HP capacities under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan for the year 2023-24. Under the program, for solar pumps with a capacity between 3 HP and 7.5 HP, the farmer’s share of the cost will be 25%, while the MNRE will provide a subsidy of 30% of the total cost, and the state government will provide a subsidy of 45% of the cost.

Electric vehicle (EV) sales in India reached 371,340 units in the second quarter of 2023, a year-over-year increase of 66% compared to 223,293 units sold in the same period last year. Sales increased by 6% compared to 349,676 units sold in the previous quarter. EVs accounted for 7.2% of overall automobile sales, according to data released by the Ministry of Road Transport and Highways through its Vahan Dashboard. India has over 2.4 million registered EVs as of June 2023.

The Jodhpur Vidyut Vitran Nigam has floated two tenders for installing and commissioning 40 grid-connected solar power projects with a total capacity of 108.68 MW in various subdivisions of Jodhpur Circle under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan program for feeder level solarization. The projects will be developed under the renewable energy service company model.

Clean Energy jobs increased by 3.9% in the United States, adding 114,000 jobs in 2022, accounting for 40% of the total energy jobs, according to the 2023 Energy and Employment Report published by the Department of Energy. In 2022, the energy sector as a whole saw an increase of 3.8%, adding approximately 300,000 jobs compared to the previous year.