The Government of India has announced plans to operationalize gas-based power plants across the country in response to the anticipated surge in electricity demand during the upcoming summer season. This decision aims to ensure maximum power generation from Gas-Based Generating Stations (GBSs) during the peak demand period.
The Ministry of Environment, Forest & Climate Change (MoEF&CC) issued guidelines to achieve 100% utilization of ash with least burden on electricity consumers. These guidelines were a response to recent amendments made in advisories pertaining to ash utilization by Thermal Power Plants (TPPs).
The Ministry of Power (MoP) has introduced the Electricity (Third Amendment) Rules, 2024, aimed at enhancing regulations pertaining to renewable energy sources in the country. These rules were published on March 12, 2024.
The Central Government has amended the rules regarding late payment surcharges in the power sector. These amendments likely aim to address issues related to delayed payments by DISCOMs to power generators. The amendments now allow long-term power generators to sell power in the short-term market.
On 16th February, 2024, the Ministry of Power (MoP) released the Draft Electricity (Third Amendment) Rules, 2024. The existing Rule 19 of the Electricity Rules, 2003, as amended from time to time, deals with the implementation of Uniform Renewable Energy Tariff for Central Pool.
The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects have been notified vide Resolution No. 27/01/2023-RCM published in the Gazette of India (Extraordinary) (Part 1 Section 1) on 28thJuly 2023.
In a significant development, the Ministry of Power has implemented key amendments to the Guidelines for Renewable Energy Bidding, marking a strategic shift in the competitive bidding process for grid-connected renewable energy power projects with energy storage systems.
The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects have been notified vide Resolution No. 27/03/2023-RCM published in the Gazette of India (Extraordinary) (Part1 - Section 1) on 21st August, 2023.
The recent amendment issued on 2nd February 2024, the Ministry of Power has deleted the provision related to debarring RE Generators in cases of delays in the commencement of power supply.
