BREAKING NEWS

Advertisement

India

Updated on: Monday, August 16, 2021, 05:59 PM IST

Government circulates 'Draft Electricity Rules 2021' for green energy: Here's all you need to know

Representative Image | Pixabay

Representative Image | Pixabay

Advertisement

In a step ahead for India's clean energy targets, the Power Ministry has released draft norms for green energy.

The Ministry has circulated the Draft Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2021, and sought comments on it within 30 days, said an official statement.

These rules are proposed for purchase and consumption of green energy, including the energy from waste-to-energy plants.

The draft rules entail Renewable Purchase Obligations (RPO), green energy open access, nodal agencies, procedure for grant of green energy open access, banking, and cross subsidy surcharge.

With regard to tariff, they propose that "the tariff for the green energy shall be determined by the Appropriate Commission, which may comprise of the average pooled power purchase cost of the renewable energy, cross-subsidy charges (if any), and service charges covering all prudent cost of the distribution licensee for providing the green energy".

The proposed rules regarding green hydrogen state "green hydrogen" is the hydrogen produced using electricity from the renewable sources, and the obligated entity, including the industries, can also meet their RPO by purchasing it.

The quantum of green hydrogen would be computed by considering the equivalence to the green hydrogen produced from one MWh of electricity from the renewable sources or its multiple. The norms shall be notified by the Central Commission.

These draft rules also propose guidelines for green energy open access, stating that "The Appropriate Commission shall put in place regulations in accordance with this Rule to provide Green Energy Open Access to consumers who are willing to consume Green Energy. All applications for open access of Green Energy shall be granted within a maximum of 15 days."

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Advertisement
Published on: Monday, August 16, 2021, 05:59 PM IST
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement