The Ministry of Power (MoP) issued the Draft Electricity (Amendment) Rules, 2023 on June 29, 2023, seeking to amend the Electricity Rules, 2005. These relate to facilitating power transmission and open access, and improving...
Waiver of inter-state transmission system (ISTS) charges for transporting power from solar, wind and solar-wind hybrid projects has been a major driver for the success of the massive renewable energy auctions and discovery of...
The Ministry of Power (MoP) formed a group for deepening of the power market under the chairmanship of the Secretary, Ministry of Power. The group has outlined several comprehensive solutions to address the key issues in the...
Recently, the power ministry finalised the scheme to pool power from all thermal power stations (coal and gas central generating stations) whose PPAs have expired, and make such pooled power available to willing beneficiaries....
Recently, the Ministry of New and Renewable Energy (MNRE) revised the auction process for wind energy projects to move from reverse auctions to closed bidding. The following are key points of the new competitive bidding...
In a bid to foster greater uptake of PSP, the Ministry of Power (MoP) has recently released the much-awaited guidelines for the promotion of PSPs in the country. The policy has been released soon after finance minister’s budget...
Prospects and Challenges In order to decarbonise the Indian economy at an accelerated pace, an amendment was made to the Energy Conservation Act 2022, to facilitate the required policy and regulatory framework for . . . This...
The Ministry of Power (MoP) has notified the Electricity (Amendment) Rules, 2022, bringing about several changes to the previous Electricity Rules, 2005. Significantly, the new rules permit distribution companies to...
Power For 2023-24, the net budgetary allocation for the Ministry of Power has been pegged at Rs 206.71 billion (as against Rs 160.74 billion budgeted in 2022-23). The total investment by its . . . This content is...
The Ministry of Power (MoP) has issued a draft proposal on day ahead operation of security constrained economic despatch (DA-SCED). The draft proposes to enlarge the scope of security constrained economic despatch (SCED) to...
On January 4, 2023, the Union cabinet gave approval to the National Green Hydrogen Mission with an initial budget outlay of Rs 197,440 million, which led to excitement amongst industry players. The landmark announcement was...
Broadly, the electricity amendment bill is a positive change; however, one disadvantage is that with power being a concurrent subject, the proposal to make the Central Electricity Regulatory Commission (CERC) a stronger entity...
Issuing authority: MNRE After months of speculation, the Ministry of New and Renewable Energy notified the draft tender document for the selection of offshore wind power developers for the allocation of seabed lease rights for...
The government is planning to make it mandatory for all thermal power plants planning to install new generating capacity, including private and captive ones, to either set up or acquire renewable energy capacity equivalent to...
By Care Ratings Prices of domestically produced natural gas as per the existing formula are decided on a half-yearly basis by the New Domestic Natural Gas Pricing Guidelines, 2014, issued by the Ministry of Petroleum and Natural...
Towards setting up a common framework and approach for national and state-level transmission companies that are planning to undertake asset monetisation, the Ministry of Power (MoP) recently issued guiding principles. The...
The Ministry of Power (MoP) has recently issued a concept note on the pooling of tariffs of efficient coal and gas-based power generating stations that have completed 25 years or more. According to the MoP, a genco . . . This...
Duty passthrough to lift tariff by 50-70p/unit for upto 6 GW solar projects: CRISIL The Ministry of New and Renewable Energy’s move to consider basic customs duty (BCD) on import of solar cells/modules . . . This content is...
The energy storage market in India has grown rapidly and continues to do so owing to not only electric mobility but also renewable energy integration. Intermittent generation sources such as solar power and wind power, when...
The concept of round-the-clock (RTC) supply has received much-needed policy attention in light of the issues of intermittency of renewable energy generation and low capacity utilisation of the existing transmission systems....
