10th Knowledge Series webinar on Indian Energy Storage and EV Market Overview

PWG Meeting 05-03-2024

Discussion Points 1. MOP finalized mechanisms for VGF funding for deployment of Battery Energy Storage Systems to deliver Round-the-Clock Renewable Energy2. MOP draft Electricity (Third Amendment) Rules, 2024.3. Sanction of the project “Green Energy Corridor Phase – II Inter State Transmission system for 13 GW RE Project in Ladakh.4. Report of The Group on Development of Electricity Market in India.5. CEA Techno-Economic Analysis of Renewable Energy-Round the Clock (RE-RTC) Supply for Achieving India’s 500 GW Non-Fossil Fuel Based CapacityTarget by 2030.6. Distribution Perspective Plan-2030.7. Inputs required for CEA Second Indian Technology Catalogue-Selection of Key Technologies.8. CERC Terms & Condition of Tariff for RE Regulations, 2024.9. Suo-Motu Directions by the CERC to the Power Exchanges registered under the Central Electricity Regulatory Commission (Power Market) Regulations,2021.10. Niti Aayog report on Renewable Energy Resource Adequacy Planning to meet RPO by the States in India11. SECI unveils India's largest solar-battery project, pioneering renewable energy innovation in Chhattisgarh.12. Scheme outlay of FAME India Scheme Phase II enhanced from ₹10,000 crore to ₹11,500 crore.13. MNRE meeting on ACC-PLI scheme for manufacturing of 10 GWh capacity for Grid Scale Stationary Storage Applications.14. MHI convenes pre-bid meeting for Global Tender to select bidders for setting up Advanced Chemistry Cell manufacturing facilities under PLI scheme15. MNRE Scheme Guidelines for implementation of Pilot projects for use of Green Hydrogen in the Transport Sector under the National Green HydrogenMission.

PWG Meeting 02-04-2024

Agenda 1.Operational Guidelines for Scheme for VGF for Development of BESS.2. MOP Electricity (Third Amendment) Rules, 2024.3. Agenda for the 18th NCT Meeting.4. MERC Draft Resource Adequacy Framework Regulations, 2024.5. MERC RPO, its Compliance, and Implementation of REC Framework (First Amendment) Regulations, 2024.6. MHI Electric Mobility Promotion Scheme 2024.7. Uttar Pradesh Green Hydrogen Policy.8. Draft Haryana Green Hydrogen Policy, 2024.9. Scheme Guidelines for implementation of “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme –Component I: Incentive Scheme for Electrolyser Manufacturing Tranche – II”.10. Scheme Guidelines for setting up Hydrogen Hubs in India under the National Green Hydrogen Mission (NGHM).11. Scheme Guidelines for the implementation of R&D Scheme under the National Green Hydrogen Mission.12. Guidelines for Skill development under the National Green Hydrogen Mission.

BWG Meeting - 20 - 02 -2024

Key Points –•Scheduled COD - 72 months or 6 years. Permitted for full commissioning as well as part commissioning & maximum period allowed for commissioning of the full Project Capacity shall be limited to 10 years.•The Selection of Developer/s under this Tender shall be based on the Lowest Total Storage Cost discovered during E-Reverse Auction which shall be the combination of the below parameters:•Component – A: Annual Fixed Charge (AFC) and•Component – B: Cycle Loss (CL).•The Bidder/s shall quote the Total Storage Cost (expressed in INR/MW/annum), AFC (expressed in INR/MW/annum) and declare the Cycle Loss (expressed in %) of the Projects at the time of submission of response to Tender.•𝑻𝒐𝒕𝒂𝒍 𝑺𝒕𝒐𝒓𝒂𝒈𝒆 𝑪𝒐𝒔𝒕 = 𝑨𝒏𝒏𝒖𝒂𝒍 𝑭𝒊𝒙𝒆𝒅 𝑪𝒐𝒔𝒕+(𝑨𝒏𝒏𝒖𝒂𝒍 𝑭𝒊𝒙𝒆𝒅 𝑪𝒐𝒔𝒕 𝑿 𝑪𝒚𝒄𝒍𝒆 𝑳𝒐𝒔𝒔 %)•The overall efficiency of the Pumped hydro storage generating units/plants shall not be less than 75% at any point of time.•Developer shall be required to ensure minimum Annual Availability of 90% for the Contracted Capacity.

PWG Meeting 06-02-2024

BWG Meeting - 16 - 01-2024

Agenda➢New Member Introduction/Updates➢Tender Updates - Energy Storage – Mr. Bhushan Khade, IESA➢Update on SECI SIGHT Tenders on Hydrogen - Dr. Ajinkya S. Kamat, IESA➢Tender Updates - Electric Mobility – Mr. Akshay Kumar, IESA