India tops power generation tenders issued globally in 4th quarter 2019. Power generation to be classified as manufacturing, dropping Corporate Tax to 15%.
Government proposes a Rs. 1.1 lakh crore grant for State DISCOMs. Electricity Act may be amended to ensure DISCOMs honour PPAs.
IEA urges India to adopt National Energy Policy proposed by NITI Aayog. MNRE’s 40GW rooftop solar target unrealistic: Parliamentary Panel.
MNRE issues draft policy for round-the-clock supply of bundled renewable+coal power. Electricity supply down 1.1% in December, 5th straight month of decline.