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Newly-inducted Union Cabinet Minister Manohar Lal today took charge as the Union Minister for Power. This is in addition to his existing portfolio of Minister of Housing and Urban Affairs. He took charge of the ministry at Shram Shakti Bhawan today. Secretary, Ministry of Power, Pankaj Agarwal, along with the senior officials of ministry welcomed […]
The Ministry of Power has now approved the procedure for implementing a Uniform Renewable Energy Tariff for the end power procurers, including discoms and open-access consumers. It will be applicable to renewable energy projects connected with the Inter-State Transmission Systems (ISTS). It comes after the Electricity (Amendment) Rules 2022 discussed the uniform renewable tariff (URET). […]
The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […]
The Ministry of Power, in its latest order, has asked all the State Electricity Regulatory Commissions (SERCs) to notify green tariffs under the Green Energy Open Access Regulations. It comes after the Ministry notified the Green Energy Open Access rules in June last year. The Ministry also pointed out that some of the state commissions have […]
The Ministry of Power, in its latest notification, has nominated the Central Electricity Authority (CEA) as the competent authority for verifying the status of captive power generating plants involved in inter-state power transmission. The notification said that the ministry earlier had received references on the issue from different stakeholders to decide on the authority to […]
The Ministry of Power has launched a scheme for procurement of aggregate power of 4500 MW on competitive basis or five years on Finance, Own and Operate (FOO) basis under B (v) of Shakti policy. PFC Consulting Limited (a wholly owned subsidiary of PFC Ltd) has been designated as the nodal agency by the Ministry […]
The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […]
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