Draft Electricity Distribution (Accounting aspects of Specified Items & Additional Disclosure) Rules, 2023
The Ministry of Power (MoP) has issued the draft Electricity Distribution (Accounting aspects of Specified Items & Additional Disclosure) Rules, 2023. These draft rules are designed to ensure uniformity and accountability among electricity companies in recognizing and managing critical financial elements.
National framework for promoting energy storage systems
Government of India has issued a national framework for promoting energy storage systems to support the development and deployment of ESS through policy and regulatory measures, financial and fiscal incentives, and performance-based incentives.
BIS revises Standards for Petroleum Products and Other Products
The Bureau of Indian Standards (BIS) has revised certain standards for Petroleum Products and Other Products such as dyes. It has also established a new standard; IS 18299 : 2023 Structural Design and Proof Checking Consultancy Services for Structures — Requirements.
NHPC Limited and APGENCO Join Hands for Clean Energy Projects in Andhra Pradesh
One of the primary objectives of this MoU is to harness Pumped Storage Projects as Energy Storage Solutions, aligning with India’s national energy goals. These projects play a vital role in achieving the national objective of clean and green energy, with a target of 500 GW of installed electricity capacity from non-fossil fuel sources, including Renewable Energy and Nuclear, by 2030.
Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Solar Hybrid Projects
These guidelines underline the benefits of combining different sources of renewable energy to reduce variability, enhance output, and make better use of transmission infrastructure and land resources.
Green Hydrogen Standard for India
A detailed methodology for measurement, reporting, monitoring, onsite verification and certification of green hydrogen and its derivatives is specified by MNRE.
Strategy for Establishment of Offshore Wind Energy Projects
The policy extends its reach up to a distance of 200 nautical miles from the baseline, covering the country’s Exclusive Economic Zone (EEZ). The Ministry of New & Renewable Energy (MNRE) has been designated as the Nodal Ministry for overseeing the offshore wind power development, while the National Institute of Wind Energy (NIWE) has been entrusted with the role of the Nodal Agency.
MNRE further updates List of Approved Solar Photovoltaic Module Manufacturers and Models
Under the new Approved List of Models and Manufactures for Solar Photovoltaic Modules, the enlistment of models of Solar PV Module Manufacturers in the Approved List of Models and Manufacturers (ALMM) will be subject to stringent criteria. . The Ministry has provided details of provisional enlistments granted by the MNRE in ALMM List-I.
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.
Updation of List I (Manufacturers and Models of Solar PV Modules) of ALMM Order, 2019
The Ministry of Renewable Energy (MNRE) has once again announced revisions in the Approved List of Models and Manufacturers for Solar Photovoltaic (PV) Modules.
