NTPC Limited agreed to defer the capacity charges and provide rebates to distribution companies (DISCOMs) to the tune of ₹34.27 billion (~$455 million) during the nationwide lockdown. The Solar Energy Corporation of India Limited ( SECI ) announced it disbursed a total of $17.3 million (~₹1.3 billion) to solar and wind developers in May 2020. U.K.-based Faradion Ltd, a manufacturer of sodium-ion batteries, announced a partnership with Infraprime Logistics Technologies to provide batteries for commercial vehicles in the Indian electric vehicle market. Tata AutoComp Systems announced that it had signed a Memorandum of Understanding (MoU) with U.S.-based electric vehicle charging infrastructure company Tellus Power Green to set up charging stations in India. R.K. Singh said that the government is likely to consider extending the interstate transmission system (ISTS) charges for renewable projects by at least six months.