JMK Research

Inter-State Transmission Waiver for Energy Storage Projects Extended by Three Years

June 12, 2025
JMK Research
Energy Storage, Market trends, Policy and Regulations

Inter-State Transmission Waiver for Energy Storage Projects Extended by Three Years On 10th June 2025, the Ministry of Power (MoP) extended the Inter State Transmission System (ISTS) transmission charge waivers for Battery Energy Storage System (BESS) and Pump Hydro Storage (PHS) projects by three years until June 2028. The 100% waiver will apply to co-located BESS projects commissioned by June 2028. Alternatively, for PHS, the mandate is for projects that have awarded their construction work before the specified timeline. The…

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From Petrol to Plug: Will Honda’s EV Strategy Change the Game?

June 11, 2025
JMK Research
Electric Vehicles

From Petrol to Plug: Will Honda’s EV Strategy Change the Game? Honda has officially stepped into the Indian electric two-wheeler space with the launch of the Activa e: in November 2024—a pivotal moment in its transition from traditional petrol-powered models to sustainable electric mobility. By electrifying its most popular model, the Activa, Honda has taken its trusted legacy forward to introduce innovation in a way that feels familiar to Indian consumers. While the first model was launched in late 2024,…

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Rajasthan Mandates Battery Energy Storage for Green Open Access Projects of Size >5MW

June 4, 2025
JMK Research
Energy Storage, Market trends

Rajasthan Mandates Battery Energy Storage for Green Open Access Projects of Size >5MW In May 2025, Rajasthan became the latest state to adopt Central Green Open Access (OA) Rules, 2022. Rajasthan’s GEOA rules are meticulous and have enhanced the upper limit of renewable energy (RE) plant size to twice the contract demand for all captive OA projects. Additionally, Rajasthan’s GEOA rules are the first to mandate the inclusion of battery energy storage systems (BESS) as a critical component of open…

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Rising Penetration of L5 Passenger E3Ws in India’s Urban Transport

June 2, 2025
JMK Research
Electric Vehicles

Rising Penetration of L5 Passenger E3Ws in India’s Urban Transport Electric three-wheelers (E3Ws) have become a vital part of India’s urban transportation landscape, especially for last-mile passenger connectivity in tier 2 and tier 3 cities, where they offer affordable, efficient, and eco-friendly mobility solutions. Among these, the L5 passenger category, which refers to more powerful and larger E3W-passenger, is emerging as a game-changer in making urban mobility cleaner, more affordable, and efficient. The growing focus on electrification is transforming this…

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