JMK Research

CERC Greenlights Virtual PPAs in India

May 27, 2025
JMK Research
Policy and Regulations, Sector Outlook

CERC Greenlights Virtual PPAs in India To Enhance Indian Power Market Supply-Side Liquidity On May 22, 2025, the Central Electricity Regulatory Commission (CERC) took a major stride in the Indian power sector by issuing the “Draft Guidelines for Virtual Power Purchase Agreement (VPPA) agreements.” These guidelines provide crucial regulatory approval, clarity, and acceptance for an innovative financial structure in the renewable energy sector, which is gaining substantial traction in global power market. A VPPA is a bilateral agreement between a…

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MG Windsor EV : The power behind MG Motor’s Electric leap in India

May 23, 2025
JMK Research
Electric Vehicles

MG Windsor EV : The power behind MG Motor’s Electric leap in India MG Motors India, a subsidiary of Chinese automaker SAIC Motor Corporation and currently part of a joint venture with JSW Group, has significantly expanded its presence in India’s electric vehicle market over the past three years. The company launched its first electric car in 2020 and has since added many new electric models to its portfolio, contributing to a fourfold increase in EV penetration from FY2023 to FY2025. The rise…

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IOCL Concludes India’s First Green H2 End-User Offtake Auction at US$4.6 per kg

May 20, 2025
JMK Research
Green Hydrogen, Tenders

IOCL Concludes India’s First Green H2 End-User Offtake Auction at US$4.6 per kg Indian Oil Corporation Limited (IOCL)’s latest auction in May 2025 has kickstarted end-user offtake requirements-based auctions in the Indian green hydrogen landscape. The one-of-a-kind tender mandates the selected developer to manufacture and supply 10,000 metric tonne per annum (MTPA) of green hydrogen to IOCL Panipat refinery for 25 years at a fixed price discovered under the bidding process. The Solar Energy Corporation of India (SECI) had plans…

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Delhi’s EV Policy 2.0: Addressing Carbon Credit Challenges and Identifying Key Beneficiaries

May 16, 2025
JMK Research
Electric Vehicles

Delhi’s EV Policy 2.0: Addressing Carbon Credit Challenges and Identifying Key Beneficiaries Sustainable urban mobility has become a growing priority across Indian states, driving progressive policy initiatives to accelerate electric vehicle (EV) adoption. As cities worldwide work to curb emissions, Delhi has taken a pioneering step by proposing carbon credit for EV buyers under its Draft EV Policy 2.0. The city’s first EV Policy, introduced in 2020, focused on reducing vehicular emissions, promoting clean transport, and strengthening EV infrastructure through…

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