Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

MoP notifies amendment to Electricity (Late Payment Surcharge) Rules, 2024

editor by editor
March 4, 2024
in News
Reading Time: 1 min read
0
MoP notifies amendment to Electricity
Share on FacebookShare on TwitterShare on Linkedin

The Ministry of Power (MoP) has amended the Electricity (Late Payment Surcharge and Related Matters)  (Amendment) Rules, 2024 in order to ensure adequate supply of electricity to meet the growing demand in the country.

The amendments will enhance the reliability of power supply for all consumers. A key amendment which has been made is related to surplus power which is within the declared generation capacity but not requisitioned by distribution companies. Some power generators were not offering this surplus power in the market, thus resulting in unused power capacity at national level. To address this issue and optimise the use of available power, power generators who do not offer their surplus power will now not be eligible to claim capacity or fixed charges corresponding to that surplus quantum. Additionally, this surplus power cannot be offered for sale in the power exchange, at a price of more than 120 per cent of energy charge plus applicable transmission charge. This will increase the likelihood of the surplus electricity getting purchased and utilised. Furthermore, amendments have been made to align the rules with statutory provisions related to accessing the national power grid. These amendments facilitate distribution companies facing curtailment of access due to payment defaults, in getting quicker restoration of access to the national grid once they settle their outstanding dues.

RELATED POSTS

OPG Mobility Appoints Maharana Ray as President & Chief Growth Officer to Drive Strategic Expansion

CORE Energy Systems Raises Rs 2 Billion to Expand Nuclear and Defence Manufacturing

Tags: ElectricityMoPpower gridPower supply
ShareTweetShare
editor

editor

Related Posts

Mr.Maharana Ray

OPG Mobility Appoints Maharana Ray as President & Chief Growth Officer to Drive Strategic Expansion

by Palak
August 8, 2025
0

New Delhi : OPG Mobility the appointment of Mr. Maharana Ray as President & Chief Growth Officer (CGO). In his new...

CORE Energy

CORE Energy Systems Raises Rs 2 Billion to Expand Nuclear and Defence Manufacturing

by Palak
August 7, 2025
0

Reportedly, CORE Energy Systems has raised Rs 2 billion in a fresh funding round led by investors and a consortium...

Tesla

Tesla Launches First Supercharger Station in India at Mumbai

by Palak
August 6, 2025
0

Reportedly, Tesla has inaugurated its first supercharger station in India which is located at the P1 parking level of One...

NTPC Emerges

NTPC Emerges Winner in SECI’s Green Ammonia Auction

by Palak
August 6, 2025
0

NTPC Renewable Energy Limited has won Solar Energy Corporation of India’s (SECI) auction to supply 70,000 tonnes per annum of...

NITI Aayog

NITI Aayog Unveils IEMI Dashboard to Monitor State-wise EV Progress

by Palak
August 6, 2025
0

NITI Aayog has launched the India Electric Mobility Index (IEMI) to track the progress of states and union territories (UTs)...

Next Post
NTPC, MAHAGENCO collaborate

NTPC, MAHAGENCO collaborate on renewable energy parks in Maharashtra

Tanmoy Duari

Harnessing the Power of Perovskite: The Next Breakthrough in Solar Panel Technology for India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Mr.Maharana Ray

OPG Mobility Appoints Maharana Ray as President & Chief Growth Officer to Drive Strategic Expansion

August 8, 2025
KPI Green

KPI Green Bags Solar BoS Order from ABRL

August 8, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

OPG Mobility Appoints Maharana Ray as President & Chief Growth Officer to Drive Strategic Expansion

KPI Green Bags Solar BoS Order from ABRL

Hindustan Power Signs PPA with UPPCL for 435 MW DC Solar Project

Energy Vault to Deliver Battery Energy Storage Systems for Projects in Michigan

Italy Launches €15.9 Million Tender to Boost Solar Energy Deployment

EIFO Commits £500 Million Financing for UK Offshore Wind Project

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved