Electricity Act

The Centre’s fresh bid to fix glitches in electricity distribution will only be successful if the states play ball

Coal stocks at domestic coal-based plants hit year’s low on robust power demand, transportation woes

Acting on the shortage, the Ministry of Power on October 25 directed all thermal generating stations, including Independent Power Producers, to mandatorily blend imported coal at 6 percent of their total capacity till March 2024. Until now, the mandate was limited to 4 percent.

Government asks imported coal-based power plants to operate at full capacity till June next year

The power ministry had earlier extended its directive to imported coal-based (ISB) plants to operate at full capacity until October 31, 2023. The government in March this year issued the first directive under Section 11 of the Electricity Act to ISB plants.

Power sector will play a big role in India’s $5 trillion economy goal: Tata Power CEO & MD

Considering that India is one of the fastest-growing economies and there is an aspirational India, which is expecting a lot of improvement in the quality of life, this is the decade of India, and maybe even the next few decades, said Praveer Sinha.

Govt proposes amendments to Electricity Rules, 2005 to make power sector financially sustainable

The proposed amendments to the Electricity Rules, 2005 are targeted interventions for issues ranging from discoms' financial health, transmission for upcoming green hydrogen and renewable energy plants, open access charges and unnecessary appeals in the APTEL, Alok Kumar, secretary, Ministry of Power, told Moneycontrol.

Looking at a capex of Rs 12,000 crore in FY 2024: Praveer Sinha Tata Power CEO & MD

The government has set ambitious annual targets for bidding out 50GW if renewable energy projects every year. Tata Power will actively participate in these tenders, Sinha said.

MC Exclusive: Well prepared to handle the next spurt in power demand: RK Singh, Union minister for power

Trajectories are being worked out to blend green hydrogen in the city gas network and to mandate steel plants, refineries and fertiliser companies to use green hydrogen, Singh told Moneycontrol.

Maharashtra power sector employees to go on three-day strike over privatisation of distribution

Legally, the provision to have multiple discoms exists in the Electricity Act 2003. The same has also been reiterated in the Electricity Amendment Bill 2022, which the Union government on August 8, 2022 referred to the Parliamentary Standing Committee on Energy after members of several opposition parties opposed its introduction in the Lok Sabha on the grounds that it violated the federal principles of the constitution

Avaada Group will be an integrated green molecule business: Founder Chairman Vineet Mittal

The group is adding capacity across its different verticals and aims to become a 30 GW firm by 2030. Mittal said its current business plan is fully funded.

Electricity Amendment Bill introduced in Lok Sabha amid opposition protests

Power Minister R K Singh introduced the bill to amend the Electricity Act, 2003 and urged Lok Sabha Speaker Om Birla to refer it to a Parliamentary Standing Committee for wider consultations to address the concerns raised by the opposition.

Explainer: Government invoked Section 11 of the Electricity Act. What is the act and what can it do for imported coal-based power generation?

Around 7,600 megawatts of imported coal based-plants are not running as they would incur losses at the current levels of coal price.

Blackout in power reforms

Scrapping of key clauses in draft bill to amend Electricity Act shows how political compulsion can override economic good

Dismissing canards against power reforms, R K Singh says making sector viable only challenge left

He said three canards are being spread against various reforms in the power sector which includes a claim that there would be infringement of states' rights to appoint members of state power regulators and this power is being transferred to the central government under the proposed Electricity Act.

Tweak in electricity act — timing a shocker

Amid lockdown, power ministry needs to allow more time for consultation on the proposed amendments to power legislation

New norms for solar power bids to enhance transparency: MNRE

The guidelines have been issued under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement from grid-connected Solar PV Power Projects of 5 MW and above, through competitive bidding.

FDI worth $1.77 bn in renewables from Apr-2014 to Sept-2016

Government today said India received USD 1.77 billion foreign direct investment (FDI) in non-conventional energy sector from April 2014 to September 2016.

Govt to consider new power tariff policy on Jan 20

The government will consider a new power tariff policy tomorrow which aims at promoting clean energy, better regulation of discoms and faster rollout of investments.

Govt to soon come out with coal linkage, new tariff policy

Government will soon come out with a coal linkage policy to ensure supply of fossil fuel and a new tariff policy aimed at boosting regulatory mechanism for discoms and attracting investments.

CAG audit quashed: Tata discom says accountable to DERC

“We are public service utility company and we work for benefit of consumers and are accountable to Delhi Electricity Regulatory Commission (DERC) according to the Electricity Act," said Praveer Sinha, MD & CEO of Tata Power Delhi Distribution.

Consumers to soon get choice to select power discom: Goyal

Consumers to soon get choice to select power diIn a significant power sector reform measure, the government today said it will soon make necessary amendments to the Electricity Act to allow consumers to choose their distribution company.scom: Goyal

Renewable energy drive gets new push

A draft note has been prepared which suggests that the government may designate renewable energy as separate sector for according priority status.

Growth to pickup in H2FY14; need lower rates: Montek Singh

Lower long-term rates are a key to growth, but the RBI can't cut long-term rates by tinkering with short-term rates, says Montek Singh Ahluwalia, deputy chairman of the Planning Commission.

Task force to look into electricity act amendments: Moily

In order to push for power reforms, power minister Veerappa Moily held a meeting with state electricity regulatory authorities on Wednesday.

Govt proposes to give more power to state power regulators

In the wake of the recent power grid collapse, government proposes to give more powers to the state regulators through an amendment in the Electricity Act likely to be introduced during the next Parliament session.

Electricity Act: Open access best for consumer, say experts

As Moily is all set to push for power reforms, the Former Power Secretary, RV Shahi believes there is nothing wrong with open access but, it has not been implemented due to the interference of state governments. According to him, the state regulatory commissions should act a little more formally with state governments to roll out the process.