Implementation of Smart Metering To Reduce Costs

The Revamped Distribution Sector Scheme (RDSS) guidelines mandate the deployment of smart meters through Public-Private Partnership (PPP) on a total expenditure (TOTEX) mode, ensuring a seamless transition and operational support to Distribution Companies (DISCOMS). The incorporation of prepaid smart metering for consumers and system metering at Feeder and Distribution Transformer levels streamlines energy accounting and auditing processes.

National Conference on Energy Transition in Gandhinagar

The conference delved into the critical aspects of energy transition, focusing on scaling up renewable energy generation and consumption. The discussions addressed challenges related to grid integration, financing tools, and the development of supporting infrastructure.

Biomass Price Benchmarking to Boost Sustainable Energy

Thermal Power Plants (TPPs) operating in the respective regions are strongly advised to adhere to the benchmark prices for biomass pellets. The Ministry of Power emphasizes the importance of compliance to accelerate capacity addition in pellet manufacturing and ensure a stable and sustainable biomass supply chain.

J&K and Ladakh Issue Regulations for Power Procurement and Planning

The introduction of these regulations aim at achieving a sustainable, transparent, and resilient power procurement framework in the Union Territories of Jammu & Kashmir and Ladakh. The guidelines are expected to streamline processes, enhance energy security, and encourage the integration of renewable energy sources into the power mix.

GENCOs encouraged to Participate in CIRP of Stressed Power Assets

The Ministry of Power (MoP) has issued an advisory encouraging all States/ Generation Companies (GENCOs) to participate in the Corporate Insolvency Resolution Process (CIRP) for taking over stressed thermal power assets. State-owned GENCOs are advised to acquire stressed power assets through IBC under the National Company Law Tribunal (NCLT) route and contribute to the overall generation capacity of the nation.

MoP directs all GENCOs on Timely Import of Coal

To ensure a consistent and uninterrupted power supply across the country, the Ministry of Power, in consultation with the Central Electricity Authority (CEA) and Grid India, has made the decision to increase the blending of imported coal to a minimum of 6% by weight. Power generation companies (Gencos) are encouraged to continuously monitor their coal stock positions.

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.