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ARTICLE · 08 FEBRUARY 2024

Impact Of Electricity Amendment Rules, 2024 On Financing

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On 10 January 2024, vide a notification issued by the Ministry of Power, Government of India (MoP) in terms of the powers conferred under Section 176 of the Electricity Act, 2003 ...

IndiaEnergy and Natural Resources

Introduction

On 10 January 2024, vide a notification issued by the Ministry of Power, Government of India (MoP) in terms of the powers conferred under Section 176 of the Electricity Act, 2003 (Act), MoP has made certain amendments to Electricity Rules, 2005 (Amendment Rules).

The key amendments of the Amendment Rules have been summarised as follows:

a)

Regulation 21 inserted: The Amendment Rules exempt the following persons from the mandatory requirement of procurement of a license under the Act for establishment, operation or maintenance of a dedicated transmission line to connect to the grid to any of the following having load of not less than 25 (twenty five) megawatt in case of interstate transmission system and 10 (ten) megawatt in case of intrastate transmission system:

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