Nifty India Volatility Index Rises 10.33% to 13.57
GS3Economy · S&T · Environment · Security· Capital markets & SEBI· Prelims·
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 September 15, 2026. Spice Money launched a three-party AePS cash deposit service via NPCI. A CEEW study suggests Rajasthan could save Rs 85 billion by 2030 by opting for renewables-plus-storage over new coal capacity.
Facts for Prelims
- FactNifty India Volatility Index (India VIX) rose 10.33% to 13.57 on September 15, 2026
- BodyNPCI (National Payments Corporation of India) launched a three-party AePS cash deposit service
- SchemeSpice Money's three-party AePS service allows cash deposits into Aadhaar-linked accounts of registered beneficiaries
- Report / IndexCEEW study indicates Rajasthan can save Rs 85 billion by 2030 by choosing renewables-plus-storage over coal
- Fact90% of Rajasthan's projected 5.5-billion-unit power deficit occurs during non-solar hours
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 the role of renewable energy and storage systems in addressing the intermittency of solar power to ensure grid reliability in India.
Dimensions to cover in your answer
- Grid stability: Addressing the 90% non-solar hour deficit through swift-response resources
- Fiscal efficiency: Cost-benefit analysis of renewables-plus-storage vs. new coal capacity for state discoms
- Financial inclusion: Expanding AePS capabilities to facilitate third-party beneficiary deposits
Keywords: Volatility Index · Renewables-plus-storage · AePS · Grid Reliability · Fintech · Power Procurement
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