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day ahead market

Proposed Amendment by Power Ministry To Power Corporate and Industrial RE Development

With 4 stakeholder consultations already held, the proposal by the power ministry to amend the Energy Conservation Act, 2001 is moving ahead. The amendments will have the twin objectives of enhancing demand for renewable energy at the end- use sectors such as Industry, buildings, transport etc, and also support the climate goals commitments of the […]

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ISTS Waiver Extended By 2 Years For Solar, Wind Energy

“The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […]

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The Case For Battery Storage- A UK View

A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […]

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PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth

Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […]

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Himachal Pradesh Issues Draft Amendment Regulations For Deviation Settlement

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments for its regulations on deviation settlement mechanism. In its notification, the commission noted that the proposed amendments have been introduced to align the state’s regulations with the Central Electricity Regulatory Commission’s (CERC) latest and fifth draft amendments to the principal deviation settlement mechanism regulation […]

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Green Stocks June 17: Uncertainty Drags Stocks Lower

It was one of those rare days when the small-cap and mid-cap indices moved in step with the larger indices. That meant a broad correction in green energy stocks, even as some bucked the trend thanks to the good news that is always around the corner for the sector. The good news in this case […]

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GIFT City To Continue Getting Green Power For Short-Term

The Gujarat Electricity Regulatory Commission (GERC) has approved a petition filed by GIFT Power Company Ltd (GIFTPCL), a subsidiary of Gujarat International Finance Tec-City Company Ltd, seeking to extend its short-term power purchase agreement (PPA) with M/s PCBL for 4 MW of round-the-clock (RTC) power supply. The extension covers the period from June 1, 2025, […]

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KPI Green Eyes Larger IPP Portfolio to Fuel Earnings

Indian clean energy EPC firm KPI Green Energy has now planned to boost its Independent Power Producers (IPP) portfolio to increase its revenue. This is seen as a transition from its current predominant portfolio of developing captive renewable energy projects. The top management of the firm recently discussed their roadmap for the firm’s journey in […]

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