New Delhi, April 20 (IANS) Shares of Indian Energy Exchange Ltd (IEX) slipped over 7 per cent on Monday after the Central Electricity Regulatory Commission (CERC) released a draft notification on power market norms that included a framework for market coupling.The regulator invited public comments on the move to reintroduce market coupling — a mechanism that would create a single, uniform price for electricity across trading platforms.If implemented, the move is likely to hit IEX’s market sh…
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New Delhi, March 20 (IANS) India’s stationary energy storage sector is witnessing rapid growth, with the total capacity of Battery Energy Storage Systems (BESS) projects in the pipeline reaching a record 92 GWh, according to a report released on Friday.The report by the India Energy Storage Alliance (IESA), also projected that cumulative installed capacity — currently below 1 GWh — could surge to 346 GWh by 2033.The sector has seen a sharp rise in activity, with 69 new BESS tenders totalling…