Government launches Standards & Labelling Programme for Solar Panels

The star labelling scheme, prepared by the Bureau of Energy Efficiency (BEE), for PV modules will be in effect from January 1, 2024, until December 31, 2025. Solar panel manufacturers are called to voluntarily register under the star labelling program. The programme will become mandatory after the initial two years.

New “Dispute Avoidance Mechanism” Extended to Power Sector Projects

This extension of the “Dispute Avoidance Mechanism” is expected to have a positive impact on the power sector by promoting efficient dispute resolution, minimizing delays, and ultimately contributing to the successful implementation of power projects under the Ministry of Power’s purview.

India & Saudi Arabia strengthen Bilateral Ties in New and Renewable Energy Sector

This visit of the Indian delegation to Saudi Arabia marks a significant strengthening of the Indo-Saudi partnership, with sustained engagements at various levels. It consolidates the strategic partnership between the two nations and paves the way for joint collaborations and investments in new and renewable energy sectors, contributing to global sustainability and energy transition goals.

MoP withdraws Guidelines regarding Discoms drawing Power after Expiry of PPA

Post PPA expiration, both parties are afforded the liberty to decide whether to enter into another agreement for the purchase or sale of power. Alternatively, the generator has the option to sell power through exchanges or enter into bilateral agreements with entities of their choosing. This approach ensures the establishment of a fair and competitive marketplace.

Global Biofuels Alliance (GBA) Announced at G20 Event

GBA members collectively represent major producers and consumers of biofuels, with the USA, Brazil, and India contributing approximately 85% of the global production share and 81% in consumption of ethanol. As the world focuses on sustainable energy solutions, the Global Biofuels Alliance is poised to play a pivotal role in shaping the future of the energy sector on a global scale.

Electricity (Third Amendment) Rules, 2023

The Ministry of Power (MoP) has introduced amendments to the Electricity Rules of 2005, in the form of the “Electricity (Third Amendment) Rules, 2023.” These amendments have come into effect from 1st September, 2023. They aim to provide clarity on the definition and status of captive users for generating plants.