JMK Research

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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The Latest SJVN Auction Drives “Solar plus 4-hour Energy Storage Solution” Tariff to a New Record Low

May 13, 2025
JMK Research
Energy Storage, Market trends, Tenders

The Latest SJVN Auction Drives “Solar plus 4-hour Energy Storage Solution” Tariff to a New Record Low Energy storage projects are designed to capture energy at a certain time, store it, and make it available to the off-taker for later use. Over the past couple of years, “Solar coupled with Energy Storage Systems – (Solar + ESS)” has become one of the key segments of the grid-scale ESS market. The latest reverse auction has resulted in a record low tariff…

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India’s Electric Mobility Shift: The Rise of TVS and Bajaj in the Two-Wheeler Market

May 9, 2025
JMK Research
Electric Vehicles

India’s Electric Mobility Shift: The Rise of TVS and Bajaj in the Two-Wheeler Market India’s electric two-wheeler (E2W) market has witnessed significant growth in recent years, with legacy manufacturers like TVS Motor and Bajaj Auto making notable strides. Despite facing competition from pure-play electric vehicle (EV) startups such as Ola Electric, Ather Energy, and Ampere Vehicles, these established ICE 2-Wheeler manufacturers have leveraged their experience and infrastructure to capture substantial market share in last 2 years. Their proactive approach in…

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