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ICRA Stands in Favour of Draft Amendments Proposed in Electricity ActBy : Sustainability ..., May 6, 2020
ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen the sanctity of power supply contracts and bring reforms in the distribution... Read more.. |
Electricity Act Amendments The Big Bang Reforms Solar Sector NeedsBy : Sustainability ..., Apr 21, 2020
The amendments proposed in the draft Electricity Act (Amendment) Bill 2020 by the power ministry could be the big bang reforms the power sector, and by extension, the renewable energy sector in India, has been waiting for. If these go through without major changes, then some... Read more.. |
After Andhra shock, govt plans tribunal to enforce power pactsBy : Sustainability ..., Feb 19, 2020
The Union government plans to set up a new tribunal solely to enforce power purchase contracts, power and new and renewable energy minister Raj Kumar Singh said, creating an additional legal safety net for investors. The National Democratic Alliance government, which is... Read more.. |
Schemes for discom revival, discom dues liquidation soon: R K SinghBy : Sustainability ..., Feb 3, 2020
Power minister R K Singh on Saturday said the government will soon bring out schemes for discom revival, liquidation of discom dues and amend the Electricity Act to introduce hefty penalties on reneging of any kind of contract. Singh said Power Finance Corporation will set up... Read more.. |
Generating companies may get to invite bids from discoms to sell powerBy : Sustainability ..., Mar 25, 2019
India for the first time may allow electricity generation companies to call bids from state distribution companies to sell power. ... Read more.. |
By 2022, 21 per cent Punjab power from renewable sourcesBy : Sustainability ..., Sep 18, 2018
The Punjab State Electricity Regulatory Commission (PSERC) has decided to revise the renewable purchase obligations for Punjab State Power Corporation Limited (PSPCL) till 2022 by inviting... Read more.. |
India readies a slew of power sector reformsBy : Sustainability ..., Sep 10, 2018
The government has readied a draft of power sector reforms, including implementing the direct benefit transfer (DBT) scheme in the electricity sector for better targeting of subsidies, freeing... Read more.. Subject Tags: Direct Benefit Transfer , Electricity Act , electricity tariffs , Government of India , India , renewable energy subsidies |
Government may amend power act to levy hefty penalties on discomsBy : sustainabilityo..., Jan 10, 2018
The government is working on amendments to the Electricity Act to levy hefty penalties on power distribution companies for load shedding and make provisions for direct subsidy transfers by... Read more.. |