Approval of the Aggregate Revenue Requirement (ARR) for FY22 and the Second Annual Performance Review (APR) of the fourth MYT Order for the Control Period (FY20-FY24) under sections 62, 64 and 86 of the Electricity Act, 2003. For more information please see below link:
Petition under Section 79(1)(f) of the Electricity Act, 2003 along with Regulation 8A of the Central Electricity Regulatory Commission (Grant of Connectivity, Long-term Access and Medium-term Open Access in inter-State Transmission and related matters) (Seventh Amendment) Regulations, 2019 and Regulation 111 of the Central Electricity Regulatory Commission (Conduct of Business) Regulations, 1999 seeking directions to […]
He was speaking in a webinar organised by PHD Chamber of Commerce and Industry on ‘Innovations in Renewable Energy’. New Delhi: India has already attained the status of ‘One Nation, One Grid, One Frequency’ and there are now no constraints in inter-regional transfer of power, said Sanjiv Nandan Sahai, Secretary, Ministry of Power, on Saturday. […]
The amendments proposed in the Act are progressive, and aim to address some of the immediate concerns that plague the sector. Electricity is a concurrent subject constitutionally, with a layer of complex political economy. The sector suffers from legacy issues which hinder operational efficiencies and business prudence. While significant improvements have been made to reduce […]
The Ministry of Power (MoP) has released the much awaited Draft Electricity (Amendment) Bill, 2020, which proposes many critical changes to the existing Electricity Act, 2003. These amendments were essential since the electricity sector in India has been evolving with increasing non-government investments and structural changes throughout the value chain. Some of the important proposals […]
The government has also proposed to empower load dispatch centres to oversee the payment security mechanism to power plants from discoms before scheduling dispatch of electricity New Delhi: The government proposes to establish an Electricity Contract Enforcement Authority to resolve issues based on performance of contracts among power plants, transmission companies and distribution utilities. It […]
Business Standard explains the major changes introduced in the 2018 avatar of the torch-bearing Electricity Act for the sector and its impact The draft amendments to the Electricity Act, 2003 is finally out and it aims to keep at pace with the changing market dynamics, increasing renewable capacity and challenge of providing quality power supply. Business Standard explains the […]