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
MoP Launches Fresh Version of Scheme For Bundling Thermal with Renewable Energy Updated On Thu, Apr 14th, 2022 by Saurenergy The Ministry of Power (MoP) has repealed its scheme on bundling thermal/hydro power plants with standalone renewable energy projects, substituting it with a fresh scheme. In November, 2021, MoP issued the ‘Scheme for Flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power’ to comprehensively cover replacement of […] 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
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
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
MoP Notifies Rules for Timely Recovery of Costs due to ‘Change in Law’ Updated On Mon, Oct 25th, 2021 by Saurenergy The Ministry of Power (MoP) has notified a new rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards climate change, states a press release. MoP said that investors and other stakeholders in the power sector were concerned about the timely recovery of the cost due […] Read more
MoP Launches Regulatory Compliance Division to Monitor Discoms Updated On Fri, Aug 27th, 2021 by Saurenergy The Ministry of Power (MoP) has set up a regulatory compliance division to monitor the various regulatory parameters and their compliances by the DISCOMS (distribution companies) as well as state commissions. The information was revealed in a recent interaction between Union Minister of Power and New & Renewable Energy RK Singh and electricity regulators. The […] Read more
