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Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL

India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […]

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India Proposed Renewable Energy Financing Obligation (REFO)

The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […]

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As Range Anxiety Recedes, Enter Charging Anxiety For EVs In India

Personal mobility solutions are increasingly about clean, mean electric machines. In India, that means big, bold, and beautiful electric crossover vehicles and SUVs offering the latest in battery tech, safety tech, and comfort tech that promise to go longer and higher on a full charge. As EV Range Improves… More importantly, improving batteries and battery […]

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Adani Electricity Tops In Integrated Discom Rankings

The Regional meeting of Power Sector was held on 20th February 2025 in New Delhi. Union Minister of Power and Housing & Urban Affairs, Manohar Lal chaired the meeting along with Union Minister of State for Power and NRE Shripad Yesso Naik. The meeting was attended by the Union Power Secretary, Additional Chief Secretaries/ Secretaries/ […]

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Budget: Rajasthan Promises 150 Units Of Free Power For Solar Users

Rajasthan government has now promised to provide solar prosumers with free electricity. Today, the state government presented its budget for the next financial year in the state assembly. Deputy Chief Minister Diya Kumari in her budget speech announced the extension of the free power for solar consumers. “By leveraging the PM Surya Ghar Scheme, the […]

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MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders

The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […]

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Maharashtra Discom Stumps Consumers Again With Anti-Solar Move In Tariff Proposal

One of the reasons Maharashtra has been a relative underperformer in Solar has been the approach taken by key discoms in the state, notable the MSEDCL or Maharashtra State Electricity Distribution Company Limited towards   the clean source of energy. From earlier efforts to limit net metering, to favouring gross metering, the MSEDCL has usually made […]

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NHPC Issues 500 MW/1000 MWh BESS Tender For Andhra Project

NHPC Limited has now come up with a fresh tender to boost energy storage projets in Andhra Pradesh. The Navratna company issued a tender accordingly. The tender seeks developers to develop a 500 MW/1000 MWh energy storage project under Tranche II. These will be developed near substations of the STU network in Andhra Pradesh. The […]

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