The power ministry has advised all power generating companies and transmission companies to charge late payment surcharge (LPS) from distribution utilities at a rate not exceeding 12 per cent per annum for all payments made […]
The Cabinet Committee on Economic Affairs (CCEA) has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to discoms above limits of working capital cap of 25 […]
The Central Electricity Regulatory Commission (CERC) has notified that the CERC (Sharing of Inter-State Transmission Charges and Losses) Regulations, 2020 will be effective from November 1, 2020. The regulations were notified in May 2020. The […]
The Ministry of New and Renewable Energy (MNRE) has granted a 30-day extension beyond the lockdown period for renewable energy (RE) projects. In addition, this would be a blanket extension i.e. there will be no […]
The central government has allowed the sale and registration of electric vehicles (EVs) without batteries. The move is likely to boost the battery-swapping industry at the same time. The move comes after the ministry of […]
The Central Electricity Regulatory Commission (CERC) has disposed of a petition filed by Pranurja Solution Limited, seeking grant of registration to the petitioner’s company to establish and operate as a power exchange. Further, in the […]
The Ministry of Power (MoP) has waived interstate transmission charges and losses on transmission of the electricity generated from all solar and wind projects commissioned before June 30, 2023. The order would apply to solar, […]
Ministry of Power (MoP) has issued guidelines for the procurement of round-the-clock (RTC) power from grid-connected renewable projects complemented with power from thermal power projects. As per the guidelines, the generator shall supply despatchable renewable […]
The MoP has issued an order mandating that tenders for 110 equipment and works for power plants can be awarded only to local companies with high localisation. The central government will bar non-local suppliers, i.e. […]
The Ministry of Power (MoP) is reportedly planning to request the cabinet to consider raising the borrowing limits of discoms for enabling their qualification for the Rs 900 billion reform-linked loan package announced earlier as […]
The Ministry of Power (MoP) has issued guidelines for the procurement of round-the-clock (RTC) power from grid-connected renewable projects complemented with power from thermal power projects. As per the guidelines, the generator shall supply despatchable […]
The ministry of new and renewable energy (MNRE) has issued guidelines for implementation of off-grid solar power plants under the renewable energy service company (RESCO) and power purchase agreement (PPA) model. According to the guidelines, […]
The Central Electricity Regulatory Commission (CERC) has notified the draft Power Market Regulations, 2020. The regulations will apply to power exchanges, the over-the-counter (OTC) market, and other market participants as well as applicable for all […]
The Ministry of Power (MoP) has approved trading of electricity through forward and derivative contracts, subject to the outcome of a case in the Supreme Court. Reportedly, an order to this effect has been issued […]
The Ministry of Power (MoP) has notified an order issuing directions to protect security, integrity, and reliability of strategically important critical power supply system and network in the country. As per the ministry, the vulnerabilities […]
The Central Electricity Regulatory Commission (CERC) has notified the Terms and Conditions of Tariff Determination from Renewable Energy (RE) Sources Regulations, 2020. The regulations will come into force from July 1, 2020 and remain effective […]
The Central Electricity Regulatory Commission (CERC) has notified a suo moto order on the determination of forbearance and floor price for renewable energy certificates (RECs). As per the order, the commission has fixed a forbearance […]
The finance minister has unveiled significant power sector reforms as part of the “Atmanirbhar Bharat Abhiyan” to mitigate the Covid-19 impact on the economy. The government has announced tariff policy reforms to encourage consumer rights, […]
The finance minister has also announced reforms in the coal mining sector as part of the government’s fourth tranche of economic package. The key reform measures include approval of commercial mining of coal on revenue-sharing […]
The Central Electricity Regulatory Commission (CERC) has notified the Sharing of Inter-State Transmission Charges and Losses Regulations, 2020. The regulations will supersede the existing Sharing Regulations, 2010. The new regulations have reviewed the existing point […]
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