Shilpa Samant

The industry has sought separate HSN codes, an approved manufacturer list and tighter local content norms, along with clarity on customs duty deferment under warehouse rules for the 12-year life of storage projects.

India's power ministry is planning a significant ₹20,000 crore scheme for carbon capture technology. Cabinet approval is expected by July. This initiative aims to reduce emissions from crucial industries like power, steel, and cement. The scheme will support decarbonisation efforts and help balance energy needs with climate goals.

To foster a modern work culture, the power sector's public sector undertakings are now considering a policy enabling employees to work from home once a week. This strategic move seeks to evaluate how effective remote work can be in their operations.

India's dam infrastructure faces challenges from extreme weather. NHPC is now using Artificial Intelligence for better flood forecasting and dam monitoring. An AI platform called 'eAabhas' uses sensors and machine learning for early warnings. This technology will improve accuracy and help protect dams and people. It integrates data from various agencies for better decision-making.

India's electricity demand has hit an all-time high of 260.5 gigawatts. This record was set on Tuesday as heat waves gripped the nation. The demand is rising sharply even before the peak summer months. This surge underscores the growing need for electricity. The government is prepared for higher demand.

As part of a nationwide strategy to enhance rooftop solar energy deployment, resident welfare associations are emerging as crucial allies for the government. The PM Surya Ghar Muft Bijli Yojana is specifically designed to cater to apartment complexes and cooperative housing societies, unlocking renewable energy avenues in urban locales where individual roof spaces are limited.

The government is currently considering measures to ease the burden on solar initiatives delayed by unforeseen circumstances. While a total lift on the local sourcing regulations for solar cells is not anticipated, talks are active regarding potential extensions for projects grappling with transmission network setbacks. Should an exemption be approved, it is expected to be short-term.

Electricity distribution companies must finish rooftop solar project inspections by May 31. This ensures projects already installed remain exempt from a new domestic solar cell rule starting June 1. Delays in certification could make projects non-compliant. The Ministry of New and Renewable Energy issued this advisory to avoid issues for project owners. This move supports domestic solar module manufacturing.

India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.

India's government is reviewing green ammonia demand from fertiliser companies. This comes as companies seek more long-term supply contracts. Geopolitical issues have disrupted conventional ammonia supplies and raised import costs. Fertiliser makers are now finding earlier fixed prices for green ammonia more attractive. This reassessment is significant given India's large ammonia needs.