With reference to the CEEW study on Rajasthan's power sector, consider the following statements: 1. 90% of Rajasthan's projected 5.5-billion-unit power deficit occurs during solar hours. 2. The study suggests Rajasthan can save Rs 185 billion by 2030 by opting for renewables-plus-storage. 3. Rajasthan can save Rs 85 billion by 2030 by opting for renewables-plus-storage over new coal capacity. Which of the statements given above is/are correct?

Nifty India Volatility Index Rises 10.33% to 13.57

GS3Economy · S&T · Environment · Security· Capital markets & SEBI· Prelims· 15 September 2026

Market volatility and renewable energy economics: a GS3 Economy and Infrastructure case study.

Why in news

The Nifty India Volatility Index (India VIX) rose by 10.33% to 13.57, signaling increased expectations of near-term market uncertainty.

Background

The Nifty India Volatility Index reached 13.57 on Tuesday, September 15, 2026. Spice Money launched a three-party AePS cash deposit service via NPCI, allowing cash deposits into Aadhaar-linked accounts of registered beneficiaries.

Facts for Prelims

FactNifty India Volatility Index rose 10.33% to 13.57 on September 15, 2026
SchemeSpice Money's three-party AePS service allows deposits into Aadhaar-linked accounts of other registered beneficiaries
FactCEEW study suggests Rajasthan could save Rs 85 billion by 2030 by choosing renewables-plus-storage over new coal capacity

Prelims practice question

With reference to the CEEW study on Rajasthan's power sector, consider the following statements:

90% of Rajasthan's projected 5.5-billion-unit power deficit occurs during solar hours.
The study suggests Rajasthan can save Rs 185 billion by 2030 by opting for renewables-plus-storage.
Rajasthan can save Rs 85 billion by 2030 by opting for renewables-plus-storage over new coal capacity.

Which of the statements given above is/are correct?

(a)1 only
(b)2 only
(c)3 only
(d)1 and 3 only

Show answer

Answer: (c) 3 only — Statement 3 is correct. Statement 1 is incorrect: The note states the deficit occurs during non-solar hours. Statement 2 is incorrect: The note states the saving is Rs 85 billion.

For Mains

Q. Discuss how integrating renewable energy with storage systems can address the 'timing and flexibility' challenges in India's power grid while ensuring fiscal prudence.

Dimensions to cover in your answer

Grid stability: Addressing the 90% non-solar hour deficit through swift-response resources
Fiscal optimization: Potential Rs 85 billion savings in power procurement costs for Rajasthan
Financial inclusion: Expanding AePS capabilities to facilitate third-party beneficiary deposits

Keywords: Volatility Index · AePS · Renewables-plus-storage · Power Procurement · Financial Inclusion

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