Policy and Regulations

Can Delhi’s New EV Policy Deliver 95% EV Registrations by 2027?

July 1, 2026
JMK Research
Blogs, Electric Vehicles, Market trends, Policy and Regulations

Can Delhi’s New EV Policy Deliver 95% EV Registrations by 2027? Delhi has been one of India’s leading electric vehicle (EV) markets over the past few years. Building on the success of its 2020 EV policy, the city has now rolled out the Delhi EV Policy 2026, effective from July 1, 2026, to March 31, 2030. Backed by an estimated INR 15,000 crore in incentives and tax exemptions, the policy is among the most ambitious state-level EV initiatives in India.…

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India’s Emerging Merchant BESS Market Faces Its First Regulatory Test

June 2, 2026
JMK Research
Energy Storage, Policy and Regulations

India’s Emerging Merchant BESS Market Faces Its First Regulatory Test India’s battery energy storage system (BESS) sector has reached an inflection point. Deployment is now scaling at pace, and the merchant model has emerged as the favoured route to market, accounting for 80% of roughly 6.8 GWh of operational BESS capacity. Recent additions have been led by large merchant projects, including Adani’s 3,370 MWh project in Gujarat and ACME’s 2,031 MWh project in Rajasthan. The shift was driven by a…

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SECI to Issue India’s First Demand Aggregation Utility Scale Renewable Energy Tender

April 20, 2026
JMK Research
General, Market trends, Policy and Regulations, Tenders

SECI to Issue India’s First Demand Aggregation Utility Scale Renewable Energy Tender On 17th April 2026, Solar Energy Corporation of India (SECI) released an Expression of Interest (EoI) to evaluate market preparedness and demand for renewable energy procurement through Virtual Power Purchase Agreements (VPPAs). Under this initiative, SECI will function primarily as a demand aggregator, facilitating bilateral VPPA arrangements between shortlisted renewable energy generators and participating consumers. The EoI invites participation from a wide range of entities, including those obligated…

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Power without passage: How stranded renewables expose cracks in India’s grid planning

October 16, 2025
JMK Research
Market trends, Policy and Regulations, Sector Outlook

Power without passage: How stranded renewables expose cracks in India’s grid planning India’s rapid renewable energy growth is outpacing its transmission capacity, leaving gigawatts of clean power stranded across states Over the past decade, India has emerged as a global leader in renewable energy (RE), ranking third behind China and the US in installations and power generation. More than 71 percent of India’s total installed renewable energy capacity, which stands at approximately 247 gigawatt (GW), comes from solar and wind installations. This…

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