GENCOs directed to Import Coal in Timely Manner

The Ministry of Power (MoP) has directed all GENCOs, including Independent Power Producers, to Import Coal in timely manner for blending purposes and maximizing production in captive coal mines. These directions were issued on 1st September, 2023.

Amendments in Bidding Documents for lnter-State Transmission Services

The Ministry noted that several private transmission developers had encountered challenges in meeting the technical requirements for bidding on HVDC systems via the TBCB route, specifically related to the qualifying criterion regarding the aggregate capital cost of projects and aggregate payments received (CAPEX) to be fulfilled by the bidding company or lead member of the Bidding Consortium.

Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects

The key objective behind these guidelines is to reduce the overall power purchase costs for distribution licensees, which constitute the largest cost element. By introducing competitive bidding in the procurement process, the government aims to facilitate the development of power markets and subsequently lower electricity prices, leading to substantial benefits for consumers.

Electricity (Second Amendment) Rules, 2023

These Amendment Rules aim at bringing improvements in the management of subsidies and ensuring the financial sustainability of the electricity distribution sector. These new rules seek to streamline subsidy accounting, establish a framework for financial sustainability, and set guidelines for prudent cost management.