India Energy Stack: Powering the Digital Grid of the Future
India’s electricity exchanges which were once plain trading platforms are fast becoming engines of market reform. Short-term power markets, including all channels such as power exchanges, bilateral trades, direct contracts, and DSM, accounted for about 12.5% of India’s total electricity
India Scraps Central Renewable Energy Pricing Pools: A Push for Market-Linked Power Deals
Overview of Policy Change On 1 August 2025 the Ministry of Power officially discontinued the Uniform Renewable Energy Tariff (URET) mechanism. This decision ended both the Solar Power Central Pool and the Solar Wind Hybrid Central Pool. The formal notification is
Policy Brief – Bihar Renewable Energy Policy 2025
Executive Summary The Bihar Renewable Energy Policy 2025 introduces aggressive targets for solar wind and distributed generation backed by a toolkit of financial incentives and implementation mechanisms. While the policy reflects the state's intent to transition to a cleaner grid its
Carbon Market Draft Rules: India’s Compliance Era Begins
India has taken a landmark step towards formalising its carbon market framework by notifying the Draft Greenhouse Gas Emission Intensity (GEI) Rules, 2024. Issued by the Ministry of Environment, Forest and Climate Change (MoEFCC), these rules have put forth legally
MNRE allays concerns over Must-Run status and Payment uncertainties amid Covid-19
The Ministry Of New and Renewable Energy (MNRE) through its Office Order dated 1st April 2020 has issued a clarification on the working of renewable energy plants across the country amid the lockdown due to COVID-19. The development came in
What's in store for the energy and power sector in Budget 2020
The first week of February 2020 was eventful as the union budget was announced spreading a mixed wave of emotions in the country. The budget apart from talking about changes in the tax brackets for the salaried, direct tax announcements
OERC notifies changes to the RPO obligation for Captive Power Producers
Odisha Electricity Regulatory Commission (OERC) in a recent notification has made changes for the RPO obligation for Captive Power Producers (CPPs). Following a clarification made by the Ministry of Power in the tariff policy dated April 2018, which had mentioned
Andhra Pradesh issues combined amendments to its solar, wind and, solar-wind hybrid policy
In a recent development, the Andhra Pradesh Government has taken some steps and amended its Andhra Pradesh Solar Policy 2018, Andhra Pradesh Wind Policy 2018, and Andhra Pradesh Solar & Wind Hybrid Policy 2018. The development took place post the
REC Trade Result – October 2019
The October trade witnessed a two and a half year high MCP of Rs 2,400 for solar REC's on both the exchanges while the demand remained stable as compared to the previous trade session. Solar RECs traded at the forbearance
Renewable Energy generation takes a fall while the RE installed capacity soars high
As per recent reports, renewable energy generation saw a decline of …% in the month of August 2019 as compared from July 2019. One of the major reasons for the decline is the variations in the weather. A very known