Power ministry seeks EOI to set up pilot mfg zone for power & RE sector Updated On Thu, Apr 14th, 2022 by Saurenergy The Ministry of Power (MoP) has sought Expression of Interest (EOI) for setting up a manufacturing zone on pilot basis for Power & Renewable Energy Sector. The Ministry had earlier issued orders conveying implementation of a Scheme for Setting up a Manufacturing Zone for Power and Renewable sector on pilot basis with a budgetary outlay […] Read more
MoP makes conciliation committees to help CPSUs in dispute resolution Updated On Wed, Mar 23rd, 2022 by Saurenergy The Ministry of Power (MoP) has introduced a conciliation mechanism for the settlement of contractual disputes in the contracts of CPSUs / statutory bodies under MoP executing power projects. In order to help CPSUs, three Conciliation Committees of Independent Experts (CCIEs) have been constituted: Each CCIE will comprise 3 members with a high level of […] Read more
MoP issues guidelines for procurement & utilisation of BESS Updated On Mon, Mar 14th, 2022 by Saurenergy The Ministry of Power (MoP) has notified a new resolution of the Guidelines for the procurement and utilisation of battery energy storage systems (BESS) as part of generation, transmission and distribution assets, along with ancillary services. Specific Objectives of the Guidelines: To facilitate procurement of BESS, as part of individual RE power projects or separately, […] Read more
Under Ease of Doing Biz prog, MoP unlocks ₹400 cr for RE developers Updated On Mon, Mar 14th, 2022 by Saurenergy The central government has launched a Regulatory Compliance Portal, an online repository of all central- and state-level compliances, to reduce the regulatory compliance burden of citizens and businesses operating in the energy industry, including renewable power. During 2021, the Ministry of Power (MoP) eased compliances related to seventy-nine issues affecting the industry and its consumers. […] Read more
Around 20 Indian States Commit to Power Sector Reforms Updated On Wed, Jan 19th, 2022 by Saurenergy Almost 20 states expressed interest in benefitting from power sector reforms in 2020 on account of incentives by way of increased market borrowing space, Ministry of Power (MoP) recently said in an official statement. The Ministry of Finance launched a programme in June 2021 to allow additional borrowing space to state governments on the condition that […] Read more
MoP Approves 23 New ISTS Projects Worth ₹15,893 cr Updated On Fri, Dec 10th, 2021 by Saurenergy The Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) has approved 23 new Inter State Transmission System (ISTS) projects with an estimated cost of Rs 15,893 crore. The new ISTS projects comprise 13 projects with an estimated cost of Rs 14,766 to be developed under Tariff Based Competitive Bidding (TBCB) […] Read more
India Attains COP21 Goal: 40% Pwr Gen Capacity Now Non-Fossil Based Updated On Fri, Dec 3rd, 2021 by Saurenergy India has achieved the target of 40% of its installed electricity generation capacity being from non-fossil energy sources, an official statement said on Thursday. At the end of October this year, the Ministry of Power (MoP) reiterated India’s commitment to achieve more than 40 percent cumulative electric power installed capacity from non-fossil-fuel energy resources by […] Read more
CERC Provides Relief To Tata Power In Dispute With PGCIL Over Open Access Updated On Fri, Nov 12th, 2021 by Saurenergy In a recent judgement concerning transnational electricity trade between India and Bhutan, the Central Electricity Regulatory Commission (CERC) granted the petition of Tata Power Trading Company Limited (TPTCL), requesting that its power purchase agreement (PPA) with Dagachhu Hydro Power Corporation (DHPC) be considered under the Ministry of Power’s (MoP) guidelines and the Cross Border Trade […] Read more
MoP Revises Terms of Reference of NCT to Fast-track ISTS Process Updated On Fri, Oct 29th, 2021 by Saurenergy The Ministry of Power (MoP) has revised the terms of reference of National Committee on Transmission (NCT) to fast-track Inter State Transmission System (ISTS) planning and approval process, thereby facilitating renewable energy development and integration in the power system. “As one more step in the series of major reforms being carried out in the power […] Read more
