Energy Sector

Discovered Small Field Policy

April 1, 2017

The Cabinet Committee on Economic Affairs (CCEA) recently gave its approval to 31 contract areas of discovered small fields by ONGC and Oil India Limited. Background The Government had approved the Discovered Small Field policy in 2015 with its main objective to bring Discovered Small Fields to...

What is OPEX Model of Solar Power?

November 4, 2016

There are two related words viz. CAPEX and OPEX. CAPEX refers to Capital Expenditure while OPEX refers to Operational Expenditure. For a business, expenditure incurred in physical goods or assets {such as factory, machines} is CAPEX while expenditure needed to run its business refers to OPEX. These...

Net Metering in India: Issues and Analysis

November 4, 2016

Net metering {imagine gross and net} is a billing mechanism which not only encourages the consumers to generate power for their own needs but also pays them for the excess power generated by their solar PV systems. The energy generated by Solar PV cells fulfils the immediate...