Proposal includes defining minimum share of renewable energy in the overall consumption by industrial units Four stakeholder consultations held for inputs on possible amendments Amendments proposed to also address the global challenge of climate change Amidst the growing energy needs and changing global climate landscape, the Government of India has identified new areas to achieve […]
Power Ministry revises terms of reference of National Committee on Transmission (NCT) to fast-track ISTS process – EQ Mag Pro
Transformative reform towards fast-tracking ISTS Planning and Approval process to further facilitate R E Development As one more step in the series of major reforms being carried out in the power sector under the direction of the Union Power Minister, Shri R. K. Singh, Ministry of Power hasrevised the terms of reference of National Committee […]
Power ministry announces new rules to ensure sustainability of sector – EQ Mag Pro
A formula has been provided to calculate adjustment in the monthly tariff due to the impact of change in law. The Ministry of Power on Saturday announced new rules to sustain economic viability of the sector, ease financial stress of various stakeholders and ensure timely recovery of costs involved in electricity generation. The Ministry notified […]
Statement of Power Ministry on coal stock position in Thermal Power Plants – EQ Mag Pro
The demand for power has been increasing from August, 2021 onwards. In August, 2021, the power consumption was 124 Billion Unit (BU) whereas the consumption in August, 2019 (before the COVID period) was 106 BU. This was an increase of almost 18-20%. The increasing trend is persisting – the demand on 04.10.2021 was 1,74,000 MW […]
Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021 promulgated by Power Ministry – EQ Mag Pro
New Rules will provide easier access to electricity transmission network Underpinning of new rules – system of transmission access which is termed as ‘General Network Access’ in the inter-state transmission system Will enable states to purchase electricity from short term and medium term contracts and optimize their power purchase costs The Union Ministry of Power […]
District Level Committees to be constituted which shall exercise oversight over all power related schemes of Government of India: Power Ministry – EQ Mag Pro
Committees will also look at impact on the provision of power services to the people Committee to be chaired by Seniormost MP of the District; composition will include elected representatives, officials; District Collector to be Member Secretary Ministry of Power has issued an order for the setting up of District Level Committees which shall exercise […]
Power Ministry Advises Central Government Offices to Switch Over to Prepaid Smart Meters on Priority
Finance Ministry issues clarification; All Central Ministries and Departments can make advance payments for pre-paid metered electricity Step to bring DISCOMs back on track of financial sustainability State Departments can emulate similar mechanisms to promote pre-payment of electricity Ministry of Power has issued an advisory to all Central Ministries of the Government to direct organisations […]
Power Min Seeks Feedback on Market-Based Economic Despatch
The power ministry has circulated a discussion paper to seek stakeholders’ comments on Market-Based Economic Despatch (MBED). New Delhi :The power ministry has circulated a discussion paper to seek stakeholders’ comments on Market-Based Economic Despatch (MBED). This is a move toward competition in the power sector and to achieve the goal of One Nation, One […]
Power Ministry Circulates Discussion Paper to Seek Comments on Market Based Economic Despatch (MBED)
A move toward competition in power Sector: To achieve the goal of One Nation, One Grid, One Frequency, One Price. Ministry of Power has circulated discussion Paper on Market Based Economic Despatch (MBED) on 1st June 2021 to all concerned stakeholders for obtaining their inputs and comments. It covers the proposed mechanism for implementation, estimation […]
Power Ministry issues letter to States, SERC on Timely Issuance of Tariff Order
Ministry of Power, Government of India has sent a letter to Secretary of States, Union Territories and SERCs regarding timely issuing of the Tariff Orders for FY 2021-22 under Electricity Act 2003. The letter requests that tariff orders for the FY 2021-22 are issued at the earliest to ensure the financial health of the DISCOMS […]