IREDA Chairperson Highlights India’s Green Push at World Energy Congress
The chairperson highlighted India’s ambitious target of achieving 500 GW of non-fossil fuel energy capacity by 2030, positioning it as a leader in the fight against climate change. He emphasized India’s commitment to achieving net-zero emissions by 2070, further solidifying its climate goals.
MNER Further Extends R&D Proposal Deadline Under Green Hydrogen Mission
The Ministry of New and Renewable Energy (MNRE) has announced a final extension for submitting proposals under the National Green Hydrogen Mission’s (NGHM) R&D scheme. The deadline for submitting R&D proposals has been extended to May 12th, 2024.
Approval of Detailed Procedure for Security Constrained Unit Commitment(SCUC), Unit Shut Down (USD) and Security Constrained Economic Despatch(SCED) at Regional Level
These detailed guidelines provide a clear framework for the NLDC to operate the power grid efficiently and reliably. They consider both economic factors (minimizing generation costs) and security aspects (ensuring grid stability). CERC reviewed the proposed procedures and implemented some changes before granting approval.
Deadline Extended for Feedback on PM-Surya Ghar Rooftop Solar Scheme
MNRE had released the draft guidelines for the scheme on April16, 2024. In response to requests from stakeholders, the deadline for submitting feedback has been extended to April 30, 2024.
India and UK Strengthen Cooperation on Nuclear Safety
The Atomic Energy Regulatory Board (AERB) of India and the Office for Nuclear Regulation (ONR) of the United Kingdom have signed a bilateral arrangement to enhance cooperation in the field of nuclear safety. This agreement was signed on January 23, 2024 and February 20, 2024 through postal exchanges.
Power Generators To Sell Surplus Electricity in Market
The Ministry has observed that some power generators are not offering surplus power (beyond their contracted commitments) in the market. This leads to unused capacity at the national level, potentially impacting grid efficiency. Hence, the Ministry has clarified that generators, including those with long-term FSAs, can sell surplus power in the market as per the Electricity Act and related regulations.
IREDA’s GIFT City office to boost Green Hydrogen and Renewable Energy Manufacturing Projects
The IREDA CMD emphasized the critical role that energy storage will play in achieving the National Green Hydrogen Mission’s ambitious target of over 5 million metric tons per annum (MTPA) Hydrogen production by 2030. He highlighted several key priorities for advancing storage technologies.
March 2024 Escalation Rates For Imported Coal
The cost of imported coal has seen a slight decrease of 0.56%. However, the cost of transporting imported coal has increased by 5.19%. The cost of handling imported coal within India has also decreased by 0.61%.
Guidelines For PM-Surya Ghar: Muft Bijli Yojana
The PM-Surya Ghar: Muft Bijli Yojana initiative was launched in February 2024. It aims to install rooftop solar panels in one crore Indian homes. The Ministry of New and Renewable Energy (MNRE) is now seeking public feedback on draft guidelines on the scheme.
Petroleum and Natural Gas Regulatory Board (Determination of Petroleum and Petroleum Products Pipeline Transportation Tariff) Second Amendment Regulations, 2024
The amendment provides that the determination of the petroleum and petroleum products pipeline transportation tariff under this regulation shall be benchmarked against the goods tariff table of the railways as applicable on the date of the coming into force of the Petroleum and Natural Gas Regulatory Board (Determination of Petroleum and Petroleum Products Pipeline Transportation Tariff) Second Amendment Regulations, 2024 and if the goods tariff table of the railways is revised during the further extended period of transition, the Board may consider the benchmarking of the petroleum and petroleum products transportation tariff against such revision.
