Government Proposes Option for DISCOMs to Exit PPA After Their Tenure
The Ministry of Power (MoP) has issued draft proposals enabling the distribution companies (DISCOMs) to either continue or exit from the power purchase agreements (PPAs) after the completion of the ...
REC Invites Bids to Set up Transmission System to Evacuate 8.1 GW of Solar in Rajasthan
REC Limited has invited bids to establish transmission systems to evacuate power from solar energy zones (SEZs) in Rajasthan. The invitation has been extended to transmission service providers (TSPs) under ...
CERC Gets New Member of Law, Set to Resume Operations
After four months of the shutdown, normalcy returns to the Central Electricity Regulatory Commission (CERC) with the Ministry of Power (MoP) finally appointing a member of law in the Commission ...
PGCIL Reduces Bank Guarantee for its Power Transmission Projects from 10% to 3%
The Power Grid Corporation of India Limited (PGCIL), a government-owned company engaged mainly in the transmission of Power, has issued new performance security guidelines. According to the existing guidelines, the ...
Rajasthan Regulator Asks DISCOM to Ensure Timely Payments to Solar and Wind Generators
The Rajasthan Electricity Regulatory Commission (RERC) has issued an order directing the Jodhpur Vidyut Vitran Nigam Limited (JdVVNL) to verify and pay its overdue late payment surcharges (LPS) to a ...
Andhra DISCOM Proposes Cross Subsidy Surcharge of ₹2.45/kWh for Green Power Sales
The Andhra Pradesh distribution companies (DISCOMs) have filed the Aggregate Revenue Requirement (ARR) application for the retail supply business and proposed tariffs for the financial year 2020-21. The Eastern Power ...
Supreme Court Pulls Up Center for Laxity, Extends Stay on CERC’s Functioning
The Supreme Court pulled up the Ministry of Power (MoP) for failing to appoint a member of law in the Central Electricity Regulatory Commission (CERC) since August 2020. The apex ...
DISCOM Dues to Renewable Generators Inch Up to ₹110.67 Billion in October
Distribution companies (DISCOMs) owed over ₹110.67 billion (~$1.5 billion) to renewable energy generators (excluding disputed amounts) in overdue payments across 439 pending invoices, according to data from the Ministry of ...
High Court of Punjab and Haryana Issues Stay Order on Chandigarh DISCOM Privatization
The High Court of Punjab and Haryana has issued a stay order on the Central Government’s proposal to privatize Chandigarh’s electricity distribution company (DISCOMs). The UT Powermen Union of Chandigarh had filed ...
Telangana Finalizes Demand-Side Management Regulations for Distribution Licensees
The Telangana State Electricity Regulatory Commission (TSERC) has released the final regulations for the demand-side management (DSM) initiatives of distribution licensees (DISCOMS). The DSM initiative is designed to encourage consumers ...
APTEL’s Stay on REC Trading has Significantly Impacted the Renewable Market: Interview
Renewable energy certificates (RECs) play a vital role in helping companies meet their renewable purchase obligations (RPOs). They encourage the sale and growth of renewable energy and help the country ...
DISCOM Privatization: Chandigarh Invites Bidders to Acquire its Distribution Licensee
The Chandigarh Administration has issued a request for proposal (RfP) inviting bidders to acquire its distribution company (DISCOM). In the notice inviting bids, the Electricity Wing of the Engineering Department of the Union Territory ...
Reduced Late Payment Surcharges, A Double Whammy for Power Generators?
To reduce the financial burden of distribution companies (DISCOMs), the Ministry of Power (MoP) proposed a reduction in late payment surcharges (LPS) for payment delays to the power generators last ...
DISCOMs Ask For Steep Hike in Electricity Tariff in Karnataka, Commission Goes Easy
The Karnataka Electricity Regulatory Commission (KERC) has issued the retail tariff order for various distribution companies (DISCOMS) for FY 2021. The new tariffs will come into force from November 01, ...
All DISCOMs Asked to Comply with Energy Conservation Act to Cut Electricity Losses
The Ministry of Power (MoP) issued a notification to cover all distribution companies (DISCOMs) under the purview of the Energy Conservation (EC) Act, 2001, to help reduce electricity losses and ...
Equity Lock-In Period Criteria Relaxed for Transmission Service Providers
The Ministry of Power (MoP) has issued amendments to the 'equity lock-in period' given in the standard bidding documents to select transmission service providers for interstate transmission system (ISTS) projects ...
ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System
The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized to support a ...
Shortfall in Supply of Bundled Renewable Power to Attract Penalty of 400%
The Ministry of Power (MoP) has amended its guidelines for tariff-based competitive bidding for power procurement from round-the-clock (RTC) power projects to allow them to be bundled with any non-renewable ...
GAIL Seeks Transaction Advisor to Evaluate Acquisition of Renewable Energy Assets
Gas Authority of India Limited (GAIL) has invited bids for the appointment of a transaction advisor for evaluating merger and acquisition (M&A) opportunities in the renewable energy space. The scope ...
Rajasthan: No Transmission Charges for Solar Projects Powering EV Charging Stations
The Rajasthan Electricity Regulatory Commission (RERC) has issued regulations for determining tariffs for renewable energy-based power sources for 2020. An important regulation included a 100% exemption of intra-state transmission and wheeling ...
IEX’s Real-Time Market Trades 814 Million Units of Power in October
The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a total trade volume of 814 million units (MU) of power in October 2020, up 16% from ...
Central Regulator Introduces Amendments to Trading License Regulations
The Central Electricity Regulatory Commission (CERC) has issued amendments to its previous regulations for the payment of fees for electricity trading. The regulations will come into effect from April 01, ...
No Registration Fee or Road Tax for First 200,000 Electric Two-Wheelers in Telangana
The Government of Telangana has released its new Electric Vehicle (EV) and Energy Storage Policy for 2020-2030, announcing subsidies, policy measures, and other incentives to turn the state into an EV and ...
REC Trading Expected to Resume from November 25th
Power exchanges may resume trading renewable energy certificates (REC) on November 25, 2020, after a four-month halt following a stay order by the Appellate Tribunal for Electricity (APTEL) back in ...
MCX and IEX Sign Licensing Agreement to Launch Electricity Derivatives in India
The Multi-Commodity Exchange of India (MCX) announced that it has entered into a licensing agreement with the Indian Energy Exchange (IEX) to launch electricity derivatives in the country. Derivatives refer ...
