MoP issues draft National Electricity Policy 2021

May 2021

The Ministry of Power (MoP) has issued the draft National Electricity Policy, 2021. The new policy focuses on improving the health of electricity distribution companies, implementing cost-reflective tariff structures, and managing the rising share of […]

CERC issues Power Market Regulations, 2021

May 2021

The Central Electricity Regulatory Commission (CERC) has issued the Power Market Regulations, 2021. These regulations will be applicable to power exchanges, market participants other than power exchanges, and the over-the-counter (OTC) market; as well as […]

MoP issues Late Payment Surcharge Rules, 2021

March 2021

The Ministry of Power (MoP) has issued the Electricity Late Payment Surcharge (LPS) Rules, 2021. The new rules will be applicable to power purchase agreements and transmission service agreements in which the tariffs have been […]

Powergrid bags two transmission projects under TBCB mode

March 2021

Powergrid has secured two electricity transmission projects through the tariff-based competitive bidding route on a build-own-operate and maintain basis. These projects are part of the Transmission Systems Strengthening Scheme for the evacuation of power from […]

MoP notifies hydropower purchase obligation

February 2021

The Ministry of Power (MoP) has issued a revised trajectory of renewable purchase obligation (RPO), including a long-term trajectory for hydropower purchase obligation (HPO). As per the notification, the solar RPO target may be met […]

Tata Power receives LoI for NESCO from OERC

February 2021

Tata Power has received a letter of intent (LoI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity in five circles of North Eastern Electricity Supply Company of Odisha […]

PFC’s Rs 50 billion bonds issue oversubscribed

February 2021

PFC Limited’s Rs 50 billion taxable non-convertible debentures (NCDs) issue was over-subscribed nearly nine times and closed for subscription 11 days ahead of the schedule. The first tranche of Rs 50 billion, including Rs 45 […]

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