R. K Singh chaired meet on action plan for enhancing investment by power sector CPSEs in renewable Energy Projects
R. K Singh chaired meet on action plan for enhancing investment by power sector CPSEs in renewable Energy Projects – A meeting to examine the Action Plan for upgrading the venture by power sector CPSEs in sustainable power Projects, was held under the Chairmanship of Shri R.K Singh, Union Minister of Power and NRE yesterday. Agents of all Hydro CPSEs, NTPC Ltd., MNRE, and SECI were available in the meeting. Following decisions were made up during the meeting:
Venture endorsement and Competitiveness:
On a basic level endorsement to be agreed to CPSUs of MoP for offering of RE force projects toward the start of year for not set in stone limit dependent on strength of their financial record.
The question of upgrade of power of venture endorsement of Board of small Ratna CPSUs for up amendment to be taken up with Department of Public Enterprises.
Strategy and Regulatory issues:
Packaging of RE ventures with New or unfastened/high levy hydro activities to be permitted in order to cut down the duty of hydro capacity to customers.
Proposition for waiver of Transmission charges for RE limit under Flexibility Scheme to be thought of.
Separate rules to be defined under Section 63 of The Electricity Act, 2003, for packaging plan, for setting up RE plant on their own territory or another area.
Mediations – MNRE related issues
Designation under CPSU Scheme: It was thought to distribute the offered limit among CPSUs through offering measure in some structure on impartial premise.
MNRE to look at permitting Solar Power Park Developer/Individual Promoters to take an interest in TBCB measure
Separate approach to be formed for Floating Solar by MNRE
Issues with State Govt.
MNRE to advance instrument to guarantee holiness of offering interaction and PPA by the State Government and for supporting high Solar Park charges.
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