Draft Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024

The Deviation Settlement Mechanism is a crucial component of the power market that addresses discrepancies between scheduled electricity generation and actual consumption. It ensures fair settlement for market participants who deviate from their scheduled power supply or demand. Stakeholders and interested parties can submit comments, suggestions, or objections on the draft regulations by May 24, 2024.

AERB Clears Radial Blanket Loading For PFBR Reactor

The Atomic Energy Regulatory Board (AERB) has granted permission for loading radial blanket sub-assemblies into the Prototype Fast Breeder Reactor (PFBR) core at Kalpakkam, Tamil Nadu. This green light marks a significant milestone towards making India’s first indigenous 500 MWe fast breeder reactor operational.

2024 Regulations: Shaping the Future of Gas Distribution Networks

In exercising authority granted by the Petroleum and Natural Gas Regulatory Board Act of 2006, significant revisions have been made to the regulations governing the declaration of city or local natural gas distribution networks as common carriers or contract carriers.

IREDA Chairperson Highlights India’s Green Push at World Energy Congress

The chairperson highlighted India’s ambitious target of achieving 500 GW of non-fossil fuel energy capacity by 2030, positioning it as a leader in the fight against climate change. He emphasized India’s commitment to achieving net-zero emissions by 2070, further solidifying its climate goals.