Independent research — energy storage and power markets

In India, the value of a battery is not set by price. It is set by rule.

By what a project is entitled to inject, when it may take banked energy back, and on what date that entitlement ends. Those rules differ in every State, and they are changing quickly.

This is where that work is published. Free, and open to correction.

From the Rules TrackerAll entries →
4 StatesKarnataka, Tamil Nadu, Gujarat and Andhra Pradesh
3 ReportsPublished free, with their index tables
Clause + dateEvery entry rests on a named clause and a checked date
Draft or finalWhat is in force is kept apart from what is only proposed

Reports

Free · open to correction

Report No. 3 · Latest

Tamil Nadu: the most valuable banked unit in the index, and a battery with no home

What a banked renewable unit is worth in Tamil Nadu for FY 2026-27, checked against real bills — and why the State has not yet decided which rules a co-located battery falls under.

24 September 2026 · FreeRead →

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Corrections, questions, and requests for a project-specific calculation.

research@dsnikam.in