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.
Cabinet Committee Approves Green Energy Corridor Phase-II for 13 GW Renewable Energy Project in Ladakh
The transmission line to evacuate this power will traverse through Himachal Pradesh and Punjab, extending up to Kaithal in Haryana, where it will integrate with the National Grid. An interconnection is also planned from this project in Leh to the existing Ladakh grid, ensuring a reliable power supply to the Ladakh region.
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.
Ministry of Power amends Dispute Resolution Mechanism for CPSUs and Statutory Bodies
These amendments aim to provide greater flexibility and options to parties involved in contractual disputes. By allowing for arbitration and other legal remedies, even after conciliation attempts, the Ministry of Power seeks to facilitate efficient dispute resolution while maintaining the rights of the parties involved.
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 publishes Draft Notification on Renewable Energy Obligation
The Central government in consultation with the Bureau of Energy Efficiency has, through this draft notification, specified the minimum share of RE by any designated consumer having established coal/ lignite based generating station.
Union Minister for Power and New & Renewable Energy Discusses Vital Power Sector Issues with Regulators
The regulators assured Minister Singh that they would consider and implement his suggestions to create a conducive regulatory environment, promoting a financially viable and environmentally sustainable power sector. The meeting aimed to strengthen India’s commitment to providing reliable and affordable power to its citizens while addressing the challenges facing the sector.
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.