JMK Research

Delhi Government To Mandate Conversion Of Vehicles Of Aggregators To All-Electric By April 1, 2030

July 6, 2022
JMK Research
Electric Vehicles

Delhi Government To Mandate Conversion Of Vehicles By Aggregators To All-Electric By April 1, 2030 After announcing the subsidy on electric cycles, the state of Delhi has once again taken a pro-active step to increase the adoption of EVs with the announcement of the Delhi Motor Vehicle Aggregator Scheme on July 5, 2022. The draft scheme is intended for licensing and regulation of aggregators providing passenger transport services and for regulation of other delivery aggregators providing delivery service of goods…

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In April 2022, Price of GTAM-traded Power Surged By 2.5–2.7X Year-on-Year

June 1, 2022
JMK Research
Market trends

In April 2022, Price of GTAM-traded Power Surged By 2.5–2.7X Year-on-Year The exchange-based renewable energy (RE) market (or green power market) of India is growing at an encouraging pace. This market can be categorized into two sub-markets – green day-ahead market (GDAM)[1] and green term ahead market (GTAM)[2]. The green power market (GDAM+GTAM) came into existence with the introduction of GTAM in August 21, 2020. As of April 2022, the green power market traded 7,660 million units (MU) of renewable…

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India Records 2.6X Y-o-Y Surge in Solar Installation in FY2021-22

May 6, 2022
JMK Research
Market trends

India Records 2.6X Y-o-Y Surge in Solar Installation in FY2021-22 In the context of domestic solar installation, India has just passed through a record-breaking financial year. FY2021-22 saw 13.9 GW of solar panel installation in India. It is the first time when annual (FY) solar installation of India crossed 10 GW capacity. The fact that FY2022 solar installation grew by 2.6 times over that of the previous year is undoubtedly impressive. Also noteworthy is that solar capacity addition of FY2022…

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Karnataka Aims To Add 10 GW Of Renewables In The Next 5 Years

April 29, 2022
JMK Research
Policy and Regulations

Karnataka Aims To Add 10 GW Of Renewables In The Next 5 Years Karnataka has been one of the top 3 Indian states in terms of highest renewable energy (RE) installation for the past several years. The cumulative installed RE capacity of the state is ~15.9 GW, as of March 2022.[1] It has achieved 7.66 GW of solar and 5.1 GW of wind installations[2]. Further, it is among the very few states in India who have consistently met their Renewable…

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