Green Energy open access portal launched
POWER & RENEWABLE ENERGY

Green Energy open access portal launched

In continuation of several initiatives to promote clean and green energy by the Government of India, the Union Minister of Power and New & Renewable Energy, RK Singh, has launched the Green Energy Open Access Portal.

Any consumer with a connected load of 100 kW or above can get Renewable Energy through open access from any Renewable Energy generating plant set up by themself; or by any developer. The open access has to be granted within 15 days. The application for open access can be made on this portal. The portal can be accessed for processing of applications related to green energy open access by the stakeholders including open access participants, traders, Power Exchanges, National / Regional / State Load Despatch Centres, and Central/State transmission utilities. The portal provides a transparent, simplified, uniform and streamlined procedure for granting open access to green energy that will be key to facilitating the deepening of electricity markets and enabling the integration of Renewable Energy (RE) resources into the grid.

Ministry of Power notified the Electricity (Promoting Renewable Energy through Green Energy Open Access) Rules, 2022 on 6th June 2022. These rules aim at the promotion of the generation, purchase and consumption of green energy including the energy from waste-to-energy plants.

Also read:
Foundation stone of Bhogapuram International Airport delayed
Seventeen projects fast-tracked by Mysuru Railway Division

In continuation of several initiatives to promote clean and green energy by the Government of India, the Union Minister of Power and New & Renewable Energy, RK Singh, has launched the Green Energy Open Access Portal. Any consumer with a connected load of 100 kW or above can get Renewable Energy through open access from any Renewable Energy generating plant set up by themself; or by any developer. The open access has to be granted within 15 days. The application for open access can be made on this portal. The portal can be accessed for processing of applications related to green energy open access by the stakeholders including open access participants, traders, Power Exchanges, National / Regional / State Load Despatch Centres, and Central/State transmission utilities. The portal provides a transparent, simplified, uniform and streamlined procedure for granting open access to green energy that will be key to facilitating the deepening of electricity markets and enabling the integration of Renewable Energy (RE) resources into the grid. Ministry of Power notified the Electricity (Promoting Renewable Energy through Green Energy Open Access) Rules, 2022 on 6th June 2022. These rules aim at the promotion of the generation, purchase and consumption of green energy including the energy from waste-to-energy plants. Also read: Foundation stone of Bhogapuram International Airport delayed Seventeen projects fast-tracked by Mysuru Railway Division

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement