CERC Notifies Tariff Amendment
The Central Electricity Regulatory Commission (CERC) has notified a tariff amendment that brings energy storage systems under the regulatory framework. This move is expected to provide clarity on the tariffs for energy storage systems and promote their adoption in the Indian power sector. The amendment will help in the integration of renewable energy sources and ensure a stable grid operation
Who this affects
This development changes the regulatory landscape for energy storage systems in India, which will impact generators and the industry as a whole, as they will now have to comply with the new tariff framework. This is expected to promote the growth of energy storage systems in the country, leading to a more stable and efficient power grid. As a result, households and industries can expect a more reliable power supply, which will have a positive impact on the overall economy