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Indian market

‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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EV Makers, Utilities Joining Hands for Charging Infra in India

In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […]

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IESA, C-MET Conducted India’s 1st Li-Ion Cell Fabrication, Battery Testing Workshop

With an aim to initiate the process of starting Li-Ion battery manufacturing in the country, India Energy Storage Alliance (IESA), India’s one of the leading alliance on energy storage and e-mobility, jointly with Centre for Materials for Electronics Technology (C-MET) has organized India’s first 2-day training workshop for Lithium Ion (Li-Ion) cell fabrication and battery […]

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Total to Develop 25 MW of Solar Rooftop Projects in Thailand

Total has signed a binding contract to provide 25 MW of solar rooftops for 24 facilities of one of the largest food companies in Thailand, Betagro. Total through its affiliate Total Solar Distributed Generation has signed a binding contract to provide 25 megawatt-peak (MW) of solar rooftops for 24 facilities of one of the largest […]

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GERC Cautioned for Delaying Open Access Regulations by APTEL

  The Indian Captive Power Producer’s Association, which had filed a complaint at APTEL (Appelate Tribunal for Electricity) against the stat regulator in Gujarat, earned a moral victory with the APTEL bench agreeing with them. Their key contention? That the Gujarat power regulator or Gujarat Electricity Regulatory Commission (GERC) had been amiss in its failure […]

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DGTR Begins Review for Extension of Safeguard Duty on Solar Cells

DGTR has begun a probe on whether to continue with the imposition of safeguard duty on solar cells following an application made by domestic companies The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has notified that it has begun a probe on whether to continue with the imposition of […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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India EV Battery Swapping Propelled by low Penetration of Charging Stations: P&S Intelligence

Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for EV battery swapping is rising in India Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India, a new report by market research and consulting services […]

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What India’s Large Storage Tender Means for Its Coal Thermal Sector

Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […]

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