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Big News: Ten Indian states undertake the power sector reforms stipulated by the Ministry of Finance; Chandigarh tops NITI Aayog’s State Energy and Climate Index; Delhi incentivizes electric cycles under its electric vehicle policy; Karnataka increases its electricity tariff; and more.

Industrial Policy & Business Regulations

Himachal Pradesh extends its industrial policy from 2019 to 2025. Source: Punjab News Express; In detail: Press Release

Infrastructure & Governance

Nothing critical to report this week

Climate Change

Chandigarh leads NITI Aayog’s State Energy and Climate Index (SECI), a metric for assessing the performance of Indian states and union territories in the climate and energy sector. Gujarat leads the index in the large state category. Source: Financial Express; In detail: SECI

Delhi offers a purchase incentive of up to $73.3 and $196.9 on passenger and cargo electric cycles, respectively. Source: India Today; In detail: Transport Minister’s Tweet

Oil & Gas

Nothing critical to report this week

Water & Sanitation

Nothing critical to report this week

Power & Renewable Energy

Ten Indian states undertake the power sector reforms stipulated by the Ministry of Finance. This implementation makes the states eligible for additional borrowing of up to $3.72 billion in total. Source: Mint; In detail: Press Release

Karnataka increases its electricity tariff by $0.0006 per kilowatt-hour (kWh). The regulatory commission has also raised the fixed energy cost in the range of $0.13 to $0.39 per kWh. Source: Deccan Herald; In detail: Tariff Order

Andhra Pradesh announces electricity tariffs for commercial and industrial consumers for the financial year 2022-23. Per the order, the tariffs remain the same as the previous year for commercial consumers connected to 11 to 132 kilovolts power lines. The order also introduces a separate grid support charge. Source: Mercom; In detail: Order

Health

Nothing critical to report this week

Business Negative Reforms

Nothing critical to report this week

Any Other

Nothing critical to report this week

Center – State Relations

The Cabinet Committee on Economic Affairs allows a one-time window for the central and state public sector undertakings to surrender the non-operational mines without penalty. Source: Hindu Business Line; In detail: Press Release