RENEWCONNECT - All about renewables & power sector

Here’s a comprehensive timeline and current status of the Fiscal Responsibility and Budget Management (FRBM) Act and its guidelines , from inception to the latest updates: 1. Origin and Purpose Proposed: 2000 by Finance Minister Yashwant Sinha. Enacted: 2003; implemented from July 2004 . Objective: Ensure fiscal discipline and macro-economic stability . Reduce fiscal deficit , revenue deficit , and public debt . Enhance transparency in fiscal operations. Initial Targets: Eliminate revenue deficit by 2008–09. Reduce fiscal deficit to 3% of GDP by 2008–09. 2. Key Features of FRBM Act Mandates presentation of: Medium-Term Fiscal Policy Statement Macroeconomic Framework Statement Fiscal Policy Strategy Statement with Union Budget. Prohibits borrowing from RBI except under exceptional circumstances. Introduced escape clause for ...

  Overview The Central Electricity Regulatory Commission (CERC) is a statutory body constituted under the Electricity Regulatory Commissions Act, 1998. It plays a pivotal role in regulating the tariff of central generating stations, interstate transmission of electricity, and promoting competition, efficiency, and economy in the electricity sector in India. Mandate CERC's mandate includes regulating tariffs for central sector utilities, facilitating interstate transmission, ensuring grid discipline, and promoting open access in transmission. It also advises the government on policy matters and monitors the performance of licensees. Key Functions - Determining tariffs for central generating stations and interstate transmission. - Regulating interstate transmission of electricity. - Facilitating development of power markets. - Promoting competition and efficiency in the electricity sector. - Adjudicating disputes involving generating companies and transmission licensees. Governance S...

If you are considering a solar street lighting systems that were installed in the country with some 25 lakhs at PAN level, the following steps that are to be considered for conducting a Socio-Economic study to know the impact at different beneficiaries at small, mediam and larger scale.  1. Define Scope and Objectives Product : Solar Street Lighting Systems (SSLs) Objective : Assess the socio-economic impact of SSLs installed across various Indian states (25 lakh units), including benefits to communities, economic viability, and policy implications. 2. Understand the Target Population Beneficiaries : Rural and semi-urban populations, local governments, commuters, vendors, students, and law enforcement. Demographics : Focus on areas with poor grid connectivity, low-income groups, and high public space usage. 3. Gather Economic Data Installation Costs : Capital expenditure per unit, maintenance costs. Funding Sources : Government schemes (e.g., MNRE), CSR, internation...

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...

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...

  Power sector reforms refer to a series of policy, regulatory, and institutional changes aimed at improving the performance, efficiency, transparency, and financial viability of the electricity sector. These reforms are typically undertaken by governments to address issues such as power shortages, financial losses of utilities, inefficiencies in generation and distribution, and to promote competition, private investment, and sustainability. Key Objectives of Power Sector Reforms Ensure reliable and affordable electricity supply Improve financial health of utilities (DISCOMs) Encourage private sector participation Promote competition and efficiency Enhance transparency and accountability Support transition to renewable energy and sustainability Main components of power sector reforms  Component Description Unbundling Separation of generation, transmission, and distribution functions (e.g., from a single utility to multiple companies). Privatizatio...

The Lack of Proper Coal Allocation, Ineffective Reforms in the Renewable sector mainly solar, hydro and air is taking a huge toll on Indian power need, hence new sources of energy must be explored and is the need of the hour to fuel India’s need of clean energy. Geothermal energy shows promise for India’s future energy needs if developed properly, as it is an enormous, underused heat and power resource that emits little or no greenhouse gases, and is homegrown hence making us less dependent on foreign oil. Geothermal resources range from shallow ground to hot water and rock several miles below the Earth’s surface. A Mile deep well can be drilled into the underground reservoirs to tap steam and very hot water that can be brought to the surface for use in a variety of applications. Geothermal energy can be used very effectively in both on- and off-grid developments, and is especially useful in rural electrification schemes. Geothermal power plants operated in at least 24 countries in...

Renewconnect is working on the self-sustainable methods in developing a zero emission vehicle with the following methods and technologies. We are coming up with swapping of the technologies that can be integrated into the vehicle based on the fuel or the resource availability.  All the advancements of the vehicle will be updated.  Developing a self-sustainable two-wheeler is challenging but feasible with a combination of renewable energy, energy storage, and efficiency-enhancing technologies. Here are some key strategies for building a self-sustaining two-wheeler: 1. Electric Powertrain with Regenerative Braking Electric Motor: Use a high-efficiency electric motor to reduce energy consumption. Brushless DC motors (BLDC) are commonly preferred due to their efficiency and longevity. Regenerative Braking: Incorporate regenerative braking to recapture energy during braking, which can recharge the battery and extend the vehicle's range. 2. Renewable Energy Integration Solar Panel...

Small wind turbines (SWTs) are gaining traction as a decentralized renewable energy solution, offering clean and sustainable power for residential, agricultural, and small-scale industrial applications. Their scope is expanding due to advancements in technology, supportive government policies, and increasing demand for off-grid and hybrid energy solutions. 1. Small Wind Turbines: An Overview Small wind turbines are typically defined as turbines with a capacity of up to 100 kW . They are used for distributed power generation and are particularly effective in remote locations, islands, and rural electrification programs. 2. Global Scope of Small Wind Turbines 2.1 Growth and Market Trends The global small wind turbine market was valued at around $1.2 billion in 2023 and is projected to grow at a CAGR of 10-12% over the next decade. Leading markets include the United States, China, Germany, the United Kingdom, and Japan . Small wind turbines are increasingly being integrated with solar ...