CERC has granted permission to Nuclear Power Corporation of India Ltd (NPCIL) to extend the timeline for power interchange from the grid. This extension is with respect to the newly-synchronized Kakrapar Atomic Power Plant (Unit-3) in Gujarat. NPCIL had Read more
Closely following the acquisition of two project SPVs relating to power evacuation schemes for upcoming Rajasthan solar energy zones, Power Grid Corporation of India Ltd (PGCIL) has announced the acquisition one more such project SPV. In Read more
At least three states, including Maharashtra and Kerala, had not filed their tariff orders for FY22, up to April 28, 2021. The power ministry in a recent letter to all state governments has stressed on the importance of Read more
Central Electricity Regulatory Commission (CERC), in a very recent order, has approved and adopted the transmission charges for the project to be developed by Ramgarh New Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd Read more
R. K. Singh, Minister of State for Power (I/C) administered the Oath of Office and Secrecy to Pravas Kumar Singh, Member, Central Electricity Regulatory Commission (CERC), on February 22, 2021. Kumar Read more
The Central Electricity Regulatory Commission is set to resume operations after a five-month long hiatus, following a recent Supreme Court order. According to reliable reports, the Supreme Court of India, on January 20, 2021, allowed CERC to resume administrative Read more
Central Electricity Regulatory Commission (CERC), which has already suspended operations since August 28, 2020 following a Supreme Court order, will remain shut for another four weeks. Due to CERC’s failure in appointing a mandatory Member (Law) in its quorum, Read more
ICRA feels that reduction in REC prices will negatively impact REC-registered projects while it is a positive for obligated entities like discoms. Central Electricity Regulatory Commission (CERC) vide its order dated June 17, 2020 reduced the forbearance prices and Read more
Power Grid Corporation of India, in a communication to stock exchanges, has informed that it has fixed the quantum of the one-time rebate that it would be extending to discoms. In its board meeting held on June 6, 2020, Read more
The Ministry of Power (MoP) has released the much awaited Draft Electricity (Amendment) Bill, 2020, which proposes many critical changes to the existing Electricity Act, 2003. These amendments were essential since the electricity sector in India has been evolving Read more