Joint Study between Wärtsilä and KPMG

The technology group Wartsila and KPMG, a leading consultancy firm, recently unveiled a joint study on the current status of the ancillary services market in India along with recommendations. The study demonstrates that supply-side flexibility is needed at the pan India level for an efficient and cost-effective integration of 450 GW of renewables by 2030. However, a step change is required in the way ancillary services markets are procured and markets are structured in India. Moreover, the pricing of

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