Ashish Kothari’s Post

It's been a while since I've heard a cabinet minister say, "Ask me anything!" Here's the frank and candid conversation with Union Minister of Power and New & Renewable energy, Mr. RK Singh, on how India's lagging rooftop solar targets will be bridged with PM Suryoday Yojana & more importantly why distribution companies (discoms), this time around, will be on board. Noteworthy points from this immensly watchable coversation : 1. India has only touched 11 GW of rooftop solar targets out of its 40GW target by 2026. The new scheme should add about 20-25 GW and help bridge the gap. 2. No permission will be required from discoms to set up rooftop solar unit up to 15 KW. 3. The process of getting the subsidy has been simplified. The subsidy itself has been raised from 40-60% & will be transferred to vendor, household directly, instead of they having to apply for it. 4. The beginning of the scheme will be made with PMAY beneficiaries, whose data is easily available with the government, and these are low-income families will see substantial benefit with electricity bills of near zero.   5. The rollout of PM Suryoday Yojana should be completed withing 18- 24 months, which does seem doable, seeing the clarity of vision and execution which Minister RK Singh has. #Mytake – Just like the EV revolution should be and is being led by two wheelers, India’s rooftop solar ambitions are far better met with rolling out the scheme in low income small town homes and villages, which have adequate sunlit rooftops. This scheme will be less applicable in urban areas. Highrise residential buildings with limited rooftop spaces, aren’t the best candidates for wide rooftop solar adoption. Ministry of New and Renewable Energy (MNRE) NDTV. #TheUrbanAgenda #solarenergy #sustainability #netzero #india

4 PSUs with navratna status? A rare trend of upgrading the status of PSUs in this disinvestment era, surely worth noting. Why PSUs well-being is vital for our economy? PSUs are perhaps only revenue generators to the state and central governments. 1. Energy PSUs are pillars of the power sector. 2. Railway PSUs are the key sources of powering wealth in the railways. 3. Petroleum and natural gas PSUs are the major sources of fuels. 4. Heavy industries PSUs like BHEL, BEML are sources of heavy equipment to major industries. What else do you relate to with Public sector units in India. #psu, #india #goi

Modi's third term set to ensure policy continuity for India's #energy, commodity sectors ◾ New government seen prioritizing refining, #upstream investments ◾ Modi says environment, green mobility will be among priorities https://okt.to/YnX1fZ #India #energytransition #OOTT #ONGT

India's push for a carbon market is a significant step towards a cost-efficient energy transition. The phased implementation of India's Carbon Credit Trading Scheme reflects lessons learned from previous market-based mechanisms like PAT and REC schemes. As the country finalizes its carbon market, incorporating carbon offsets, preventing abuse, and transparently allocating revenues become paramount. In this CGEP commentary, experts Dr. Gautam Jain, Dr. Kaushik Deb, and Ryan Levitt look into how the cap-and-trade system can provide companies flexibility to trade emission allowances. Read here: https://lnkd.in/ezYKJXfg

Happy to share the Center on Global Energy Policy recently published commentary, written by Gautam Jain, Kaushik Deb, and myself. We examined India's new Carbon Credit Trading Scheme, providing insights on potential challenges and best practices based on a multitude of cap-and-trade systems from around the world. #carbonmarket #india

In this Center on Global Energy Policy commentary, Kaushik Deb, Ryan Levitt, and I consider India's new Carbon Credit Trading Scheme in a global context and offer thoughts on the different features of the final market structure and the remaining gaps that need to be filled. It draws lessons from cap-and-trade regimes around the world to identify potential pitfalls to avoid and best practices to adopt for developing a successful #carbonmarket in #india.

As India prepares to launch an ambitious and comprehensive carbon market, learning from the challenges faced by other countries could also help India implement an effective and credible institutional structure for its carbon market that will complement the country’s broader decarbonization strategy. Gautam Jain, Ryan Levitt, and I document some of these lessons in our latest commentary with Center on Global Energy Policy. #indiacarbonmarket #indiaclimate

The interim government would do well to revisit such plans and re-draft them with more realistic targets for the near future #DhakaTribune #Opinion #Editorial #interimgovernment #Bangladesh

This policy aims to pace the redressal of consumer grievance This state regulator has come with a new policy for redressal of grievances of Electricity Consumers Find out more https://lnkd.in/dWJZYZz

Budget 2024 – A drive towards a Viksit Bharat The article sheds light on the key focus areas of the Budget from a legal standpoint, such as macroeconomic measures; infrastructure, FDI investments, Green economy, affordable housing, MSMEs and technology. Rajani Associates - Prem Rajani #budget2024 #vikshitbharat #interimbudget #barandbench