Policy and Regulations

Next wave of growth in the renewable sector to be fueled by UMREPPs In December 2014, MNRE rolled out its scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects” with an objective to facilitate the solar project developers to set up projects in a plug and play model. The scheme proposed to set up at least 25 solar parks and ultra mega solar power projects across various locations. India houses multiple ultra-mega solar parks with a capacity of…

Summary of Draft Electricity Amendment Act – 2020 Ministry of Power has issued a draft for the amendment of Electricity Act 2003 and advised stakeholders to submit their comments, suggestions and objections till the deadline June 5, 2020. The highlights of the amendments proposed to include in the Electricity Act, 2003 are as follows, This Act may be called the Electricity (Amendment) Act, 2020. As per sub-section (2) of section 1 Act shall be extended to whole India, removing earlier…