Neighboring Countries Can Now Buy Renewable Energy from Indian Power Generators


Neighboring Countries Can Now Buy Renewable Energy from Indian Power Generators

The Ministry of Power (MoP) has issued new guidelines for import and export of electricity and power trading with neighboring countries. The 2018 guidelines will replace the existing guidelines on cross border trade of electricity issued in 2016.

The objective of the new guidelines is the same as the previous one – to facilitate and promote cross-border trade of electricity, developing a dynamic and robust electricity infrastructure for import export of electricity and reliable grid operation and transmission of electricity.

While the earlier guidelines allowed cross border power transactions only through bilateral agreements between two countries, the new guidelines allows power generating or distribution companies of India to export electricity generated by coal (with certain restrictions), renewable energy or hydro power to companies of neighboring countries directly or through trading licensees of India after taking government approval Read More

Leave a Reply

Your email address will not be published.