In Short : The Supreme Court has ruled that electricity regulatory commissions have the authority to determine tariffs but must align decisions with government policy directions. The judgment clarifies the balance between regulatory independence and policy guidance. The ruling is expected to impact tariff approvals, renewable energy procurement, and power sector planning while ensuring consistency […]
India – Electricity Regulation, Government Policy and Legislative Framework for the Electricity Sector – EQ
Summary: — **1. Legal and Policy Framework** – **Governing Legislation:** The **Electricity Act, 2003** is the principal law, promoting competition, renewable energy, and independent regulation. – **Key Reforms:** – Delicensing of generation (except hydro and nuclear). – Unbundling of state utilities. – Introduction of open access and renewable purchase obligations (RPO). – **Regulatory Bodies:** – […]
Government policy to offer solar panels at subsidized rates – EQ Mag Pro
Provision of central financial assistance (CFA) for institutional and social sectors was available under Phase-I of Rooftop Solar Programme, which was under implementation in the country till March 2020. With reduction in cost of the installation of Rooftop Solar (RTS) power systems, central financial assistance to beneficiaries of all sectors, except residential sector, has been […]