As India is keen to develop large infrastructure projects where the private sector is expected to raise funds from the market, there is need to develop new financial instruments for the debt market as well as for risk capital.Securitization of debt allows banks and FIs to recycle their funds...

Electricity generation from renewable energy sources in India has been promoted through a host of fiscal policies and preferential tariff for electricity produced from the same. The fiscal policies include tax incentives and purchase of electricity generated through renewable energy sources. The...

We examine the impact of electricity sector restructuring on the operating efficiency of coal-fired power plants in India. Between 1995 and 2009, 85 percent of coal-based generation capacity owned by state governments was unbundled from vertically integrated State Electricity Boards into state...

Energy Analytics Lab (EAL) is an initiative to empower decision-making in the Indian power sector. EAL has put concerted efforts over the last two years to bring forth data analyses and visualisation of the power system and the power market data.Through this newsletter, we provide a glimpse of...

The renewable energy generation is often encouraged with the policies like subsidies, fiscal incentives and mandatory purchase obligation (RPO) with feed-in-tariffs (FiT). The impact of these policies on deployment of renewable energy sources for electricity generation is governed by the...

COVID-19, a global pandemic, is leaving a lasting impression on the economic activities across nations. Electricity sector is facing significantly lower demand on account of country-wide lockdown leading to almost nil activity for most of the industrial and the commercial activity, which is...

COVID-19 pandemic has immediate as well as long-term concerns for the regulators and the policy makers. Its impact on power system is reflected in general decline of energy sales and, a change in composition of energy sales and demand profile. Given the higher proportion of fixed cost component...

Electric distribution utilities in India procure power through long term, medium term, as well as short term power purchase agreements (PPAs), most of which have been discovered through non-competitive route with regulatory approval. Optimisation of state/specific power procurement portfolio is...

The Indian power market has largely been dominated by long-term power agreements which lock-in the quantum as well as the fixed and the variable cost of power procurement (with escalation factors). Post Electricity Act 2003 and subsequent setting up over of the power exchanges, development of...

SCED framework, rolled out on 1st April 2019 on a pilot basis, is expected to enhance the spirit of competition and efficiency, as enshrined in the Electricity Act 2003, with measurable gains in terms of savings due to optimisation of power procurement portfolio for ISGS plants. EAL estimates...