How To Use Peak Shaving To Save On Electricity Costs

Background A “capacity tariff” is going to be introduced on residential properties where you will have to pay for the electrical capacity that you need. This tariff is expected in many European countries, such as Belgium and Italy, and may increase electricity bills for many families. 1.What is a “Capacity Tariff”? For consumers, including businesses […]

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Amid Surge In Peak Demand, CERC Orders Extension Of RPAS Regulations To State Gencos 

The Central Electricity Regulatory Commission (CERC), in its latest suo-motu petition, ordered an extension of the provisions of the Reserve Regulation Ancillary Services (RPAS) to ‘willing’ state-level power generators. The CERC notified these Regulations on August 13, 2015, intending to ensure restoration of the grid frequency at desired levels.  Under these regulations, the participating generating companies either […]

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Govt Orders Implementing Scheme On Pooled Tariff Of Older Power Plants From July 1 

The Ministry of Power, in its latest notification, has asked all states and other concerned institutions to take necessary actions to implement the proposed scheme of pooling tariffs of older thermal power plants whose Power Purchase Agreements (PPAs) have expired.  The scheme aims to use the power generation capacity of thermal power plants older than 25 […]

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Power Ministry Issues New Draft Electricity (Amendment) Rules 2023, Seeks Comments From Stakeholders

The Ministry of Power on Friday released its latest Draft Electricity (Amendment) Rules 2023 and sought comments from stakeholders by the end of May 11, 2023. The new draft rules have proposed changes in Section 15 and Section 19 of the Electricity Rules 2005.  The new rules have been named ‘Electricity (Amendment) Rules 2023’. The notification […]

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CERC Extends Deadline For Power Generators To Submit Details On Generation, Transmission 

In its latest order, the Central Electricity Regulatory Commission (CERC) has extended the deadline for the power generators to submit their details from April 15 to May 15 of this year. The Commission, earlier on March 29, sought information from these generators for making the terms and conditions for tariff for the period starting from April […]

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Ministry Of Power Appoints CEA To Verify Captive Status of ISTS Power Projects 

The Ministry of Power, in its latest notification, has nominated the Central Electricity Authority (CEA) as the competent authority for verifying the status of captive power generating plants involved in inter-state power transmission. The notification said that the ministry earlier had received references on the issue from different stakeholders to decide on the authority to […]

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“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL

Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […]

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Plans To Prepare Grid For 500 GW Of Renewables Announced For India

India continues to put the building blocks in place for meeting its ambitious climate goals, of which one of the biggest ones, 500 GW of renewable power capacity by 2030 is well and truly on its way. Matching intent with ability is the latest plan titled “Transmission System for Integration of over 500 GW RE […]

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