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K'taka HC strikes down Centre's renewable energy promotion rules
The New Indian Express Mysuru
|January 08, 2025
OBSERVING that the power to enact a law to achieve net-zero emission cannot empower the central government to transgress the existing Electricity Act, 2003, the Karnataka High Court struck down the Centre's Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022, and also the Karnataka Electricity Regulatory Commission (KERC) (Terms and Conditions for Green Energy Open Access) Regulations, 2022, framed by KERC, for lack of competence to frame the same.
The court directed the KERC to frame appropriate regulations if it so desires, in the matter of granting open access to green energy generators and consumers. During this exercise, the court said the KERC will only be guided by the National Electricity Policy and the Tariff Policy framed by the central government, and should independently consider the interests of all the stakeholders before framing the regulations. Justice N S San
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The New Indian Express Mysuru
Derivatives turnover hits 12-month high
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India looks to press for fairer finance, economic security at COP30 talks
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Israel recovers remains of soldier held since 2014
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T a recent seminar where I was a speaker, I was asked whether I felt Factor Investing is here to stay.
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The New Indian Express Mysuru
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UTIOUS OPTIMISM
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The New Indian Express Mysuru
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Karnataka to get AI-enabled plaint generation system soon
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