Draft Norms: MoP Proposes Timeline Of 66 Months For PSPs Updated On Fri, Aug 23rd, 2024 by Saurenergy Read more
Draft Norms: MoP Proposes Timeline Of 66 Months For PSPs Updated On Fri, Aug 23rd, 2024 by Saurenergy The Ministry of Power (MoP) has now issued draft guidelines for the issuance of tenders related to Pumped Storage Projects (PSPs). The new proposed norms mandate that the on-river PSPs need to commence its operations after 66 months after the signing of the Power Purchase Agreement (PPA). For the off-river projects, the developers need to […] Read more
MoP Amends Electricity Act For Power Trade With Neighbors Updated On Tue, Aug 13th, 2024 by Saurenergy On August 12, the Ministry of Power (MoP) has amended the Import and Export of Electricity Act 2018 through an Office Memorandum, enabling the export and import of electricity to and from India. Under the revised guidelines, the government modified Clause 5.2 9(a) and Clause 8.9 to permit generating companies and distribution companies to export […] Read more
MoP Releases Norms To Compensate For Damages Under Right Of Way Updated On Thu, Jun 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued guidelines for compensating Right of Way (RoW) regarding transmission lines. These guidelines aim to expedite construction and ensure timely completion by addressing RoW issues effectively, particularly in urban areas. The guidelines specify compensation for damages related to RoW under the Electricity Act among other guidelines. The new guideline […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
MoP Warns States Against Levying Charges On Power Generation Updated On Thu, Oct 26th, 2023 by Saurenergy The Ministry of Power (MoP) has now issued an order asking states to not levy any additional charges on the generation of electricity from any source ranging from hydropower, thermal to renewable. The ministry even termed the events as “unconstitutional and illegal”. “It has come to the notice of the Government of India that some State Governments […] Read more
Specify Wind Project Timelines & Penalties In Tenders: MoP Norms Updated On Fri, Jul 28th, 2023 by Saurenergy The Ministry of Power (MoP) notified its new guidelines for a tariff-based competitive bidding process for power procurement from grid-connected wind power projects. The motive was to bring uniformity in the bidding process and clarity to the power producers and procurers. These norms apply to intra-state wind power projects with more than 10 MW of […] Read more
MNRE, MoP Launch New Mission ‘MAHIR’ To Locally Develop New Energy Solutions Updated On Wed, Jun 7th, 2023 by Saurenergy The Ministry of Power and the Ministry of New and Renewable Energy (MNRE) have jointly launched a National Mission to quickly identify emerging technologies in the power sector and develop them indigenously, at scale, for deployment within and outside India. The National Mission has been named ‘Mission on Advanced and High-Impact Research (MAHIR)’. It aims […] Read more
MoP Proposes New Guidelines to Facilitate Pumped Storage Hydro Projects Updated On Mon, Feb 20th, 2023 by Saurenergy In a bid to give an impetus to India’s pumped storage hydro power projects, the Ministry of Power has come up with a proposal that seeks to provide multiple incentives entailing tax breaks. It has also set sights on facilitating the process of environment clearance by making it easier. Land may also be made cheaper. […] Read more
