The documents summarize various orders released by the Indian government regarding electricity regulations from February 2021 to April 2020. Key points addressed include:
1) Mandatory installation of smart prepayment meters by February 2021 and revisions to scheduling power to distribution companies if letter of credit is not maintained.
2) Electricity late payment surcharge rules linking the base rate to 1 year MCLR of SBI +5% by February 2021 and proposed amendments to delicensing distribution.
3) Specifying renewable purchase obligation targets including for large hydro commissioned after March 2019 by January 2021 and allowing quick compensation to power plants for additional costs due to change in law events.
The documents summarize various orders released by the Indian government regarding electricity regulations from February 2021 to April 2020. Key points addressed include:
1) Mandatory installation of smart prepayment meters by February 2021 and revisions to scheduling power to distribution companies if letter of credit is not maintained.
2) Electricity late payment surcharge rules linking the base rate to 1 year MCLR of SBI +5% by February 2021 and proposed amendments to delicensing distribution.
3) Specifying renewable purchase obligation targets including for large hydro commissioned after March 2019 by January 2021 and allowing quick compensation to power plants for additional costs due to change in law events.
The documents summarize various orders released by the Indian government regarding electricity regulations from February 2021 to April 2020. Key points addressed include:
1) Mandatory installation of smart prepayment meters by February 2021 and revisions to scheduling power to distribution companies if letter of credit is not maintained.
2) Electricity late payment surcharge rules linking the base rate to 1 year MCLR of SBI +5% by February 2021 and proposed amendments to delicensing distribution.
3) Specifying renewable purchase obligation targets including for large hydro commissioned after March 2019 by January 2021 and allowing quick compensation to power plants for additional costs due to change in law events.
Implementation of smart pre-payment meter/pre- Mandatory installation Smart / 26th February
payment meters. prepayment meters 2021
All information related to LC to
Revised Procedure for scheduling of power to be shared in PSM portal. SLDC/ 25th February distribution company in event of non- RLDC / NLDC provided with 2021 maintenance of Letter of Credit powers to stop STOA in case of non maintenance of LC •Base rate of Late Payment Electricity (Late Payment Surcharge) Rules, 22nd February Surcharge has been linked to 1 2021 2021 year MCLR of SBI +5% Provisions on delicensing of 5th February Proposed Amendments to Electricity Act 2003 distribution 2021 Amendments to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Formal introduction of “power Round-The Clock Power from Grid Connected 5th February from any other source or Renewable Energy Power Projects, 2021 storage” complemented with Power from any other source or storage Specifying renewable purchase obligation (RPO) targets, Renewable Purchase Obligation and Hydro 29th January including HPO for large hydro Purchase Obligation 2021 commissioned after March 08, 2019 Direction to CERC under Section 107 of Freeing power plants delayed Electricity Act 2003 – regarding sharing of due to justifiable reasons from 15th January transmission charges under force majeure paying penalties to associated 2021 conditions transmission projects. Streamlining MBC and New 31st December Electricity (Rights of Consumers) Rules, 2020 connection processes, grievance 2020 redressal Amendments to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Shift from composite tariff to Round-The Clock Power from Grid Connected 3rd November weighted average levelised Renewable Energy Power Projects, 2020 tariff as the bidding parameter complemented with Power from Coal Based Thermal Power Projects Allowing quick compensation to power plants for additional costs arising due to change in Draft Electricity (Change in Law, Must-run law events and RE plants to be 1st October 2020 status and other Matters 2020 served curtailment notice 24 hrs before and mandatorily sell that unscheduled electricity in power exchanges Subject Brief on Contents Date Waived inter-state transmission Waiver of inter-state transmission charges and (ISTS) charges and losses on losses on transmission of the electricity transmission of electricity generated from solar and wind sources of energy 5th August 2020 generated from solar and wind under Para 6.4 (6) of the revised Tariff Policy, projects, for sale to entities, till 2016 30 June 2023 Guidelines for Tariff Based Competitive Bidding firm power from thermal/ hydro Process for Procurement of Round-The Clock or other sources or storage can Power from Grid Connected Renewable Energy be utilised to balance renewable 22nd July 2020 Power Projects, complemented with Power from energy and provide round the Coal Based Thermal Power Projects. clock (RTC) power Provision for contract 27th April 2020 Proposed Amendment to Electricity Act 2003, enforcement authority, 2020 empowering NLDC, Selection of SERC members