Ministry of Power Announces Electricity Third Amendment Rules, 2023
According to the amendment, the captive status of such production plants, where captive power plants are situated in more than one state, shall be verified by the central electricity authority in accordance with the procedure released by the authority with the approval of the central government.
September 06, 2023. By EI News Network
According to the amendment, the captive status of such production plants, where captive power plants are situated in more than one state, shall be verified by the central electricity authority in accordance with the procedure released by the authority with the approval of the central government.
Earlier, the rules amended that a power plant could only qualify as a 'captive generating plant' if not less than 26 percent of its ownership was retained by a captive user.
The latest amendments proposed a slight alteration in the usage of the term ‘captive user’ with ‘captive users’ as it caught the attention of the consumers.
In order to flourish the regulatory provisions further, the amendments invite for the removal of sub-clause (i) of clause (a) of the Sub Rule, which determines criteria for captive power generation companies. In addition, a new clause is introduced, adding the criteria for captive power plants beyond Clause 2.
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