Ministry of Power Releases Detailed Plan to Revamp DISCOMs

Ministry of Power Releases Detailed Plan to Revamp DISCOMs

The Ministry of Power (MoP) has issued detailed guidelines for reform-based result-linked power distribution program over the next five years. The program aims to improve the quality and the reliability ...
/ / Grid, Market & Policy
Odisha DISCOMs and GRIDCO to Auction Surplus Power to Industries in the State

Odisha DISCOMs and GRIDCO to Auction Surplus Power to Industries in the State

The Odisha Electricity Regulatory Commission (OERC) directed Grid Corporation of Odisha (GRIDCO) to find a reasonable tariff to sell surplus power to industries in the state by following a transparent ...
/ / Grid, Market & Policy
Regulator to Reconsider Decision to Slash Tariff of Rooftop Solar Project by 46%

Regulator to Reconsider Decision to Slash Tariff of Rooftop Solar Project by 46%

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Karnataka  Electricity Regulatory Commission (KERC) to review its earlier order regarding the tariff reduction for the delayed rooftop ...
/ / Grid, Market & Policy
Peak Power Demand in India Exceeds 200 GW for the First Time

Peak Power Demand in India Exceeds 200 GW for the First Time

Peak power demand reached an all-time high of over 200 GW on July 7, 2021, said R.K. Singh, Union Power Minister, on Twitter. It surpassed the previous all-time high of ...
/ / Grid, Market & Policy
Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure

Ministry of Power Allows Option for DISCOMs to Exit PPAs After Completing Tenure

The Ministry of Power (MoP) has provided an option for distribution licensees (DISCOMs) to continue or exit from power purchase agreements (PPAs) for projects that have completed 25 years of ...
/ / Grid, Market & Policy
Finance Minister Announces ₹3.03 Trillion for Upgrading DISCOMs

Finance Minister Announces ₹3.03 Trillion for Upgrading DISCOMs

The Union Finance Minister Nirmala Sitharaman announced the ‘Economic Relief from Pandemic’ package and declared several sops for power distribution companies (DISCOMs), including ₹3.03 trillion (~$40.82 billion) outlay for reform-based ...
/ / Grid, Market & Policy
Three-Month Extension Granted to Power Transmission Projects Affected by Covid-19

Three-Month Extension Granted to Power Transmission Projects Affected by Covid-19

In an important announcement, the Ministry of Power (MoP) has granted an extension of three months to all interstate transmission projects under construction, with the scheduled commercial operation date (SCOD) ...
/ / Grid, Market & Policy
DISCOM Asked to Refund Electricity Duty Levied on Renewable Energy Open Access Consumer

DISCOM Asked to Refund Electricity Duty Levied on Renewable Energy Open Access Consumer

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to provide the credit adjustment for wrongful levy of electric duty to open access power ...
/ / Grid, Market & Policy
Uttar Pradesh DISCOM To Pay ₹14.59 Billion For Unmet Renewable Purchase Obligation

Uttar Pradesh DISCOM to Pay ₹14.59 Billion for Unmet Renewable Purchase Obligation

The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, directed Uttar Pradesh Power Corporation Limited (UPPCL) to deposit ₹72.45 billion (~$978 million) in the renewable purchase obligation (RPO) ...
/ / Grid, Market & Policy
Solar Developer’s Deemed Generation Claims Due to Grid Failure Rejected

Solar Developer’s Deemed Generation Claims Due to Grid Failure Rejected

The Haryana Electricity Regulatory Commission (HERC), in a recent order, rejected the recovery claims of a solar developer for deemed generation on account of grid failure. The Commission noted that ...
/ / Grid, Market & Policy
EESL Invites Bids to Supply ABT Meters for Decentralized Solar Projects

EESL Invites Bids to Supply ABT Meters for Decentralized Solar Projects

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids for the supply and installation of 300 availability-based tariff (ABT) meters for remote monitoring of ...
/ / Grid, Market & Policy
DISCOMs Owed Renewable Generators ₹113.34 Billion at the End of April 2021

DISCOMs Owed Renewable Generators ₹113.34 Billion at the End of April 2021

Distribution companies (DISCOMs) owed ₹113.34 billion (~$1.56 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 200 pending invoices at the end of April 2021, according to ...
CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021. The guidelines aim to provide for power procurement through the administered process as well as from the ...
Punjab Reduces Retail Residential Power Tariffs in the Wake of Covid-19

Punjab Reduces Retail Residential Power Tariffs in the Wake of Covid-19

The Punjab State Electricity Regulatory Commission (PSERC) has issued the tariff order for the financial year (FY) 2021-22. The new tariffs will be applicable from June 1, 2021, and will ...
Maharashtra Allows Twice a Month Revisions in Contract Demand for C&l Customers

Maharashtra Allows Twice a Month Revisions in Contract Demand for C&l Customers

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, allowed for revisions in contract demand up to two occasions for high-tension (HT) commercial and industrial (C&I) consumers and up ...
Electricity Regulators Suggest Measures to Reduce Retail Power Tariff

Electricity Regulators Suggest Measures to Reduce Retail Power Tariff

In a recent meeting, the Forum of Regulators discussed factors affecting the cost of power and stressed the need to analyze and evolve measures to reduce or contain the retail ...
CERC Approves Registration of India’s Third Power Exchange

CERC Approves Registration of India’s Third Power Exchange

The Central Electricity Regulatory Commission (CERC) has granted Pranurja Solution Limited (PSL) registration right to establish and operate a power exchange. It would make PSL the third power exchange in ...
/ / Grid, Market & Policy
IEX

Indian Energy Exchange’s Revenues Up by 20% YoY in FY 2021

The Indian Energy Exchange's (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ₹3.56 billion (~$48.48 million) compared to ₹2.97 billion (~$40.45 million) in ...
DISCOM Dues to Renewable Generators Slide to ₹120.25 Billion in March 2021

DISCOM Dues to Renewable Generators Slide to ₹120.25 Billion in March 2021

Distribution companies (DISCOMs) owed ₹120.25 billion (~$1.62 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 283 pending invoices at the end of March 2021, according to ...
Punjab Reduces Additional Surcharge Payable by Open Access Consumers to ₹1.16/kWh

Punjab Reduces Additional Surcharge Payable by Open Access Consumers to ₹1.16/kWh

The Punjab State Electricity Regulatory Commission (PSERC) has set additional surcharge payable by consumers availing power through open access sources in the state. For open access consumers (partial and full) ...
Ministry Directs Electricity Regulators to Ensure Timely Issue of Tariff Orders

Ministry Directs Electricity Regulators to Ensure Timely Issue of Tariff Orders

The Ministry of Power has issued a notification directing the state electricity regulatory commissions (SERCs) to issue tariff orders for the financial year (FY) 2020-21 at the earliest. The Ministry ...
Maharashtra Defers Levying State Periphery Charges on Renewable Generators

Maharashtra Defers Levying State Periphery Charges on Renewable Generators

The Maharashtra Electricity Regulatory Commission (MERC) has accepted the recommendations of the deviation settlement mechanism (DSM) working group and deferred the levy of state periphery charges until further notice. The ...
/ / Grid, Market & Policy
IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

To expand power markets beyond India, the Indian Energy Exchange (IEX) has introduced cross-border electricity trade (CBET) on its platform. The initiative is a step towards building an integrated South ...
/ / Grid, Market & Policy
IEX's Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

IEX’s Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

Driven by an increasing electricity demand across Indian states, the electricity market at the Indian Energy Exchange (IEX) witnessed an all-time high volume of 8,249 million units (MU) in March ...
/ / Grid, Market & Policy
The Role of DISCOMs in India's Transition to a Clean Energy Regime

The Role of DISCOMs in India’s Transition to a Clean Energy Regime

Distribution companies (DISCOMs) should ideally be at the forefront of fulfilling the country's clean energy commitments. However, DISCOMs have remained the weakest link in India's power system. The poor financial ...
/ / Grid, Market & Policy