CERC Overhauls Power Exchange Regulations

The CERC has directed all power exchanges to discontinue the provision of user-defined time slots (including hourly slots) in TAM, Green TAM, and High-Price TAM within one week from the date of the order. Power exchanges are directed to obtain a declaration from buyers at the requisition stage regarding any concurrent auction notices for the same requirement on other platforms. They are also instructed to desist from offering rebates or waivers on the auction initiation fee and charge a minimal non-refundable fee to encourage serious participation.

Public Hearing on Draft Amendments to Cross Border Electricity Trade Regulations

The Central Electricity Regulatory Commission (CERC) has announced a public hearing to discuss the Draft Central Electricity Regulatory Commission (Cross Border Trade of Electricity) (Second Amendment) Regulations, 2024 on May 9, 2025, starting at 10:30 AM via online video conferencing. To facilitate proper arrangements for the online hearing, interested participants from organizations are requested to communicate the name(s) of their proposed representative(s) to the undersigned by May 5, 2025.

MNRE Seeks Stakeholder Input on Draft Amendments to Wind Turbine Model Inclusion Procedure

The Ministry of New and Renewable Energy (MNRE) has released draft amendments to the “Procedure for inclusion/ updating Wind Turbine Model in the Revised List of Models and Manufacturers of Wind Turbines (RLMM)” for stakeholder consultation. All stakeholders are requested to provide their comments on the draft amendments within three (03) weeks from the date of this circular.

Power Ministry Seeks Stakeholder Input on Draft Amendments to Long-Term Thermal Power Procurement Bidding Documents

The Ministry of Power (MoP) has released draft amendments to the Model Bidding Documents (MBDs) used for the long-term procurement of electricity by Distribution Licensees from thermal power generating stations established on a Design, Build, Finance, Own, and Operate (DBFOO) basis. The Ministry is inviting comments on these proposed changes from all stakeholders within the next 30 days, with a deadline of May 14, 2025.

India Accelerates Hydro Pumped Storage Projects

The CEA highlighted the encouraging participation of the private sector, which has contributed to the national PSP potential exceeding 200 GW. With only 3.5 GW of operational PSP capacity currently, the government is accelerating development to harness this vast potential. Two PSPs of roughly 3000 MW are set to be commissioned this year, with a projected 50 GW capacity by 2032.