Energy, Infrastructure & Resources (EIR) Quarterly Legal Updates - Volume 1 - Edition 1 (July-September 2023)
With the Indian Government’s increased focus on infrastructure and clean energy, the past few months have seen a host of developments in the energy, infrastructure and resources (EIR) space. The EIR Quarterly Legal Updates | Volume 1 - Edition 1 (July-September 2023) aims to bring out the key legal and regulatory updates in the EIR sectors for the benefit of readers, stakeholders and other interested parties. Set forth below is a snapshot of the major highlights:
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Environment (Utilisation of Crop residue by Thermal Power Plants) Rules 2023 issued by the Ministry of Environment Forest and Climate Change; |
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Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects, Wind Power Projects and Wind Solar Hybrid Projects issued by the Ministry of Power; |
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Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations 2023 issued by the Central Electricity Regulatory Commission to regulate the grid and related aspects; |
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Amendment to the Offshore Area Mineral (Development and Regulation) Act 2002; |
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Amendment to the Mines and Minerals (Development and Regulation) Act of 1957; |
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Notification of Green Hydrogen standard by MNRE; |
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National Framework for Promoting Energy Storage Systems; |
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Amendments to the procedure for approval and facilitating import / export (cross border) of electricity by the Designated Authority; |
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Electricity (Amendment) Rules 2023 notified by the Ministry of Power; and |
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Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS). |
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KCO | Editors
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