RENEWCONNECT - All about renewables & power sector

In the  industrial and commercial segments in India , the key requirements for deploying  Battery Energy Storage Systems (BESS)  are shaped by operational needs, regulatory standards, and integration challenges. Here's a summary based on expert insights and guidelines Key Requirements for BESS in Industrial & Commercial Segments 1. Usage Definition & System Design Discharge Duration : Must align with operational needs (e.g., peak shaving, backup power). C-Rates : Determines how quickly the battery can be charged/discharged. Lifecycle Expectations : Systems should be sized to meet performance targets over their expected lifespan. 2. Safety & Compliance Standards Must adhere to international and Indian standards such as: UL9540  (Safety of Energy Storage Systems) IEEE 1547  (Interconnection standards) NEC 706/480  (National Electrical Code) IEC 62933  (General r...

In the  Indian financial and taxation context ,  CESS  refers to a  specific type of tax  levied by the government to fund targeted public welfare programs. It is  not a general revenue tax , but rather an  additional charge  on existing taxes like income tax, GST, or excise duty. 🔍  Full Form & Meaning of CESS in Finance CESS  =  Tax on Tax It is  levied over and above  the base tax (e.g., income tax or GST). The revenue from cess is deposited in the  Consolidated Fund of India (CFI)  but is earmarked for  specific purposes only . 🏛 ️ Common Types of CESS in India Health and Education Cess Rate : 4% on income tax (including surcharge) Purpose : Funds mid-day meals, government schools, education loans, and healthcare initiatives. Infrastructure Cess Levied on fuel or vehicles to fund road and transport inf...

  Due diligence  is a comprehensive appraisal or investigation conducted before entering into a business transaction—such as an investment, acquisition, or partnership—to assess risks, validate information, and ensure informed decision-making.   ⚡ Scope of Due Diligence in the Power Sector (India) Due diligence in the power sector is  critical  due to the complexity of infrastructure, regulatory frameworks, and financial risks. Here's how it applies: 1. Technical Due Diligence Assessment of plant design, technology (e.g., solar PV, wind turbines), and operational efficiency. Evaluation of grid connectivity, transmission infrastructure, and energy output projections. Example: IndiGrid’s technical due diligence for solar and CSP projects 2. Financial Due Diligence Review of project costs, revenue models, tariffs, and financial viability. Analysis of debt structure, equity investments, and re...

[🇮🇳]  India: A Policy-Driven Push for BESS India has developed a comprehensive framework to promote BESS adoption, especially for grid-scale applications: Key National Policies and Guidelines National Framework for Promoting Energy Storage Systems (2023): Defines BESS as a critical grid asset and outlines its role in generation, transmission, and distribution. Viability Gap Funding (VGF) Scheme: ₹5,400 crore allocated to support 4,000 MWh of BESS capacity under Phase 1. Production Linked Incentive (PLI) Scheme: ₹18,100 crore for Advanced Chemistry Cell (ACC) battery manufacturing. Energy Storage Obligation (ESO): Mandates DISCOMs to procure a portion of power from storage sources under Renewable Purchase Obligations (RPO). Waiver of Inter-State Transmission Charges: For BESS projects co-located with renewable energy. Battery Waste Management Rules (2022): Ensures safe disposal and recycling of batt...

Introduction India’s energy landscape is undergoing a transformative shift. With over 50% of its installed power capacity now coming from non-fossil fuel sources—five years ahead of its 2030 target—the country is rapidly embracing renewable energy. However, the intermittent nature of solar and wind power presents significant challenges to grid reliability and energy dispatch. Battery Energy Storage Systems (BESS) have emerged as a critical solution to these challenges, and government-led tenders are playing a pivotal role in accelerating their adoption. Why Grid-Scale Energy Storage Is Essential India’s peak power demand surpassed 250 GW in 2024 and continues to rise. To maintain grid stability while integrating increasing volumes of renewable energy, robust energy storage solutions are essential. BESS enables: Load balancing  during peak and off-peak hours Frequency regulation  and grid stability Renewable energy dispatchability , ensuring power a...