Summary: — ## Key Business Points ### 1. **What PCKL is Seeking** – **Relaxation** of the prescribed time period for submitting REC applications for the **financial year 2023-24** – A direction to the **Central Agency (Grid Controller of India)** to accept REC applications from: – **HESCOM** (Hubli Electricity Supply Company Limited) – **GSCOM** (Gulbarga Electricity […]
Summary: — ## **Key Business Points** ### 1. **What is a VPPA?** A **Virtual Power Purchase Agreement (VPPA)** is a financial contract for difference (CfD) where: – The buyer does **not physically receive electricity** – The developer sells power to the grid at market price – The buyer pays the difference if market price is […]
In Short : Consumers will soon have access to detailed data on the power they generate and consume, marking a major step toward transparency in the electricity sector. Enabled by smart metering and digital platforms, this shift will empower users to manage energy usage, reduce costs, and support efficiency while helping utilities improve grid management […]
In Short : Madhya Pradesh Chief Minister Mohan Yadav reviewed ongoing renewable energy schemes, emphasizing affordable and uninterrupted electricity for farmers. The government is accelerating solar pump adoption, promoting farmers as energy producers, and fast-tracking large renewable projects. With a focus on sustainability and rural development, the initiative aims to reduce costs, improve irrigation, and […]
In Short : India is projected to achieve 315 GW of renewable energy capacity by 2028, significantly increasing its share in the power mix. This growth reflects strong policy support, rising investments, and rapid expansion in solar and wind sectors. The transition is expected to enhance energy security, reduce emissions, and position India as a […]
In Short : At the Civil Services Day session, Narendra Bhooshan highlighted Uttar Pradesh’s rapid renewable energy growth. He emphasized large-scale solar adoption, supportive policies, and economic impact. The state’s transition reflects strong governance, citizen participation, and infrastructure readiness, positioning Uttar Pradesh as a leading model for India’s clean energy expansion and sustainable development journey. […]
In Short : India’s renewable energy capacity is projected to reach 359 GW by FY25–30, reflecting strong policy support and rising energy demand. Growth will be driven by solar, wind, and hybrid projects, alongside manufacturing expansion. Increasing electricity consumption, climate factors, and energy security concerns are expected to accelerate investments, positioning India as a major […]
In Short : A consortium of global lenders is set to finance Brookfield Asset Management renewable energy projects in India with $600 million. Covering over 1 GW of hybrid capacity, the initiative highlights strong international confidence in India’s clean energy sector. The projects will accelerate renewable deployment, strengthen energy security, and support the country’s transition […]