Government Unveils Fresh Regulations Aimed at Enhancing Business Ease in the Green Energy Sector

Government Unveils Fresh Regulations Aimed at Enhancing Business Ease in the Green Energy Sector

Daily Current Affairs   /   Government Unveils Fresh Regulations Aimed at Enhancing Business Ease in the Green Energy Sector

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Category : Miscellaneous Published on: January 17 2024

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  • The Union Ministry of Power introduces Electricity (Amendment) Rules, 2024, on 15 January 2024, aligning with the Electricity Act, 2003.
  • The aim is to streamline electricity supply processes for large corporations and the green energy sector, easing operational hassles.
  • Under the new rules, consumers with a specified energy load and Energy Storage Systems (ESS) can now establish, operate, and maintain their dedicated transmission lines without the need for a license.
  • This provision applies to companies or individuals with loads exceeding 25 megawatts and 10 megawatts on inter-state and intra-state transmission networks, promoting flexibility and efficiency.
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