Author Archive: Vibhuti Garg

Energy Economist, Lead India Vibhuti Garg has over 16 years of experience in the energy sector. Her work includes promoting sustainable development through influencing policy intervention on energy pricing, subsidy reforms, enhancing clean energy access, access to capital and increasing private participation.

IEEFA: Backlog of unsigned power sale agreements risks slowing India’s renewable energy growth

Freeing up India’s ‘on-hold’ renewable energy capacity

7 April 2021 (IEEFA India): Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening investor confidence and threatening the viability of projects, finds a new briefing note from the Institute for Energy […]

IEEFA: What India can learn from Australia’s distributed energy transformation

Combining rooftop solar with batteries and electric vehicles is in India's near-future

31 March 2021 (IEEFA India): Policy makers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). In addition to the […]

IEEFA: India’s $122bn stimulus for energy promotes renewables but lacks clarity in additional funding streams

Is India’s 'green recovery' green enough?

22 March 2021 (IEEFA India): While India has committed more public money than any other economy to date – at least US$122 billion – to supporting the energy sector since the start of the COVID-19 crisis in early 2020, a new report shows the government’s stimulus is a ‘mixed bag’ for the country’s energy transition. […]

IEEFA: Finance Analyst – Energy Sector (India)

IEEFA is seeking an experienced financial professional to cover the energy sector in India

March 11, 2021 (IEEFA) ⎼ IEEFA is looking for an experienced financial professional with deep knowledge of the energy sector in India to work as a contracted consultant. The consultant will conduct financial analysis, financial modeling and market analysis in Excel. S/he will draft, format and proof reports and content related to energy and energy […]

IEEFA: India’s new net metering limit risks stalling progress on rooftop solar target

A net feed-in mechanism could offer a solution for the Indian rooftop solar industry, consumers and distribution companies

19 February 2021 (IEEFA India): A new regulation that excludes rooftop solar systems over 10 kilowatts (kW) from net metering will stall adoption of larger installations in India, undermining progress towards the government’s rooftop solar target of 40 gigawatts (GW) by 2022. This is according to a new briefing note from IEEFA and JMK Research & Analytics […]

IEEFA Update: Budget 2021-22 is a ‘mixed bag’ for India’s energy transition

The push for renewable energy should be accompanied by support to phase out fossil fuels

Finance Minister Nirmala Sitharaman’s “development” budget for the fiscal year (FY) 2021-22 aims to build Indian infrastructure, enhance manufacturing and generate employment, plus drive discom reform, all of which will lay a strong foundation for economic growth and for limiting the fiscal deficit. However, budget 2021-22 is a mixed bag in terms of support for […]

February 11, 2021 Read More →

IEEFA Webinar: How India’s new net metering restriction could impact the rooftop solar market

Adoption of larger rooftop solar systems could stop overnight

On 21 December 2020, the Ministry of Power announced the “Electricity (Rights of Consumers) Rules, 2020”, setting out the rights of electricity consumers in India. Watch the recorded webinar here The new rules cover 11 key areas including the rights of consumers, obligations of distribution licensees, metering arrangements, billing and payment and a grievance redressal […]

IEEFA Update: Is India ready to compete with China in solar module production?

With the right government support measures, India could hold its own against China in solar module production

India was one of the largest exporters of best-in-class modules until 2011. In order to boost domestic manufacturing, the Indian government initiated various policy measures like the National Solar Mission in 2010 and the Modified Special Incentive Package Scheme (MSIPS) in 2012. To lend further assistance to the stressed sector, the government introduced certain measures […]

January 28, 2021 Read More →

IEEFA: India could compete against China in solar module production with the right government support

The focus should be on helping manufacturers become globally competitive

7 January 2021 (IEEFA India): Although one of the top 10 solar module producers in the world, India is lagging behind its biggest competitor China, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report, Viability Assessment of New Domestic Solar Module Manufacturing Units, finds current production capacity in […]

IEEFA: Increasing competition in India’s intra-state transmission sector will drive renewables progress

Intra-state transmission infrastructure is the weakest link in the grid

16 December 2020 (IEEFA India): A new IEEFA report recommends increasing competition in the development of intra-state transmission infrastructure, to speed up deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development of transmission systems must keep pace to meet demand and ensure efficient, reliable delivery […]

and December 16, 2020 Read More →