Policy and Regulations

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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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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Indiaโ€™s Planned RE Capacity of 537 GW by 2030 to Require US$30 billion of New Transmission Systems

December 21, 2022
JMK Research
Policy and Regulations

Indiaโ€™s Planned RE Capacity of 537 GW by 2030 to Require US$30 billion of New Transmission Systems On 7th December 2022, the Ministry of Power and New & Renewable Energy (MNRE) launched a plan to develop a transmission system for integrating 537 GW of renewable energy (RE) capacity by 2030. Achieving this target will require a significant amount of renewable energy investment in India. This plan is a major stepping stone towards Indiaโ€™s climate commitment of achieving 50% of cumulative…

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Odisha Targets 10+ GW of RE Capacity by 2030 Under New Renewable Energy Policy

December 20, 2022
JMK Research
Policy and Regulations

Odisha Targets 10+ GW of RE Capacity by 2030 Under New Renewable Energy Policy The government of Odisha notified โ€˜Odisha Renewable Energy Policy, 2022โ€™, its latestย renewable energy (RE) policy, on 30thย November 2030. This policy will remain in effect till 31stย March 2030, or until a new policy is announced by the state. It aims to achieve a 10+ GW renewable energy target by 2030. The previous state RE policy, which was issued in 2016, was in force till 31stย March 2022. Now,…

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