The Power Ministry has sought comments on a revised draft of the Electricity Amendment Bill which seeks to separate carriage and content businesses to enable consumers to switch their power suppliers as they do for telecom services. The feedback on the revised Electricity Amendment Bill 2018 has been sought within 45 days.
The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects have been notified under the provisions of Section 63 of the Electricity Act, 2003 vide resolution No. 23/27/2017-R&R published in the Gazette of India (Extraordinary) (Part I—Section 1) on 3rd August, 2017.
In the Brain Storming Session chaired by Hon’ble Minister of State (I/C) for Power and Renewable Energy with officers of Ministry of Power (MoP) and MNRE on 9.10.17, it was decided, inter-alia, to constitute a Committee to give recommendations on the optimal energy mix in power generation on medium and long-term basis.
The objective of these guidelines is to provide a framework for procurement of wind power through a transparent process of bidding including standardisation of the process and defining of roles and responsibilities of various stakeholders.
Promotion of competition in the electricity industry in India is one of the key objectives of the Electricity Act, 2003 (‘Act’). Power purchase costs constitute the largest cost element for distribution licensees.
Union Minister of State (IC) for Power, Coal and New and Renewable Energy released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues.
The Union Cabinet in its meeting held on 20th January 2016 has approved the proposal of the Ministry of Power for amendments in the Tariff Policy. For the first time a holistic view of the power sector has been taken and comprehensive amendments have been made in the Tariff Policy 2006.
The Union power ministry has proposed amending the Electricity Act 2003 and has sought comments, suggestions and opinion on the draft amendments in Electricity Act 2003 till Nov 15, 2013.
This bill by the Union Ministry of Power aims to ensure that the state governments are responsible for the financial and operational turn around and long term sustainability of the state-owned distribution licensee and provide adequate electricity supply to consumers.
