The Ministry Of Power

Oct 30, 2017
Source Power Weekly Newsletter

The Ministry of Power (MoP) is working towards making obligations under the power purchase agreements (PPA) binding. This is to ensure that the discoms have PPAs to cover 100 per cent of their energy requirement. In addition, MoP is also planning to introduce penalties for delayed electricity bills and enforce statutory legal compulsion on renewable purchase obligations (RPOs). For this, a meeting of energy ministers of all the states has been scheduled on November 10 and 11, 2017.

The union government is mulling over setting up a panel to formulate a framework for mandating checks and clearances on foreign firms investing in the Indian power sector. This comes in response to the malware attack on the eastern electricity grid, apparently, by China which took place about two months ago. The foreign firms may have to undergo security clearances and employ Indian nationals at top managerial positions. The panel will study the recommendations of a report on cyber security prepared by committee comprising members from the Central Electricity Authority (CEA), ministries of power and commerce, and industry associations and recommend the way forward.