CERC announces June 2023 Escalation Rates for Power Procurement by Distribution Licensees

In accordance with the Ministry of Power (MOP) notification on “Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees,” the Central Electricity Regulatory Commission (CERC) has released the monthly escalation rates for payment for the procurement of power by distribution licensees for the month of June, 2023.

Bihar Biofuels Production Promotion Policy, 2023

The policy defines the eligibility criteria for different types of units and feedstocks. Standalone distilleries producing 100% fuel-grade Ethanol and CBG/bio- CNG manufacturing units are eligible for incentives under this policy. The production of Ethanol and CBG/bio-CNG from approved feedstocks mentioned in the National Policy on Biofuels, 2018, and subsequent permissions granted by the National Biofuel Coordination Committee are allowed in Bihar.

India-USA Strategic Clean Energy Partnership 

During the meeting, both sides acknowledged the growing importance of bilateral energy cooperation and highlighted the critical role of clean energy engagement in addressing energy security, climate change, and employment generation.

Implementation of Inter State Electricity Transmission System Reviewed

With the aim of achieving 50% of installed electricity generation capacity from non-fossil fuel sources by 2030, the Power Minister highlighted the significance of developing the associated transmission infrastructure. During the review of the Inter-State Transmission System, the focus was on the progress of projects in the planning, bidding, and implementation phases.