ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

CERC Grants Energy License in Madhya Pradesh
POWER & RENEWABLE ENERGY

CERC Grants Energy License in Madhya Pradesh

The Central Electricity Regulatory Commission (CERC) has granted a licence for energy operations in Madhya Pradesh, signalling a significant development in the state's power sector. The licence, issued to a yet-to-be-named entity, allows for the transmission and distribution of electricity in the region, enhancing accessibility and reliability of power supply for consumers.

The decision by CERC to grant the energy licence comes as part of efforts to promote competition and efficiency in the power sector while ensuring the provision of quality services to consumers. It reflects the commission's commitment to fostering a conducive regulatory environment for the development of the energy market in Madhya Pradesh.

The licensee will be responsible for establishing and operating transmission and distribution infrastructure, including substations, power lines, and distribution networks, to meet the growing energy demands of the state. This move is expected to enhance the availability and reliability of electricity supply, support economic growth, and improve living standards in Madhya Pradesh.

The issuance of the energy licence underscores the government's efforts to attract investment and promote private sector participation in the energy sector, in line with its broader objectives of achieving energy security and promoting sustainable development. It is anticipated to stimulate competition, drive innovation, and improve service quality in the state's power distribution segment.

Overall, the grant of the energy licence by CERC represents a significant milestone in Madhya Pradesh's journey towards achieving a robust and resilient energy infrastructure, contributing to the state's socio-economic progress and prosperity.

The Central Electricity Regulatory Commission (CERC) has granted a licence for energy operations in Madhya Pradesh, signalling a significant development in the state's power sector. The licence, issued to a yet-to-be-named entity, allows for the transmission and distribution of electricity in the region, enhancing accessibility and reliability of power supply for consumers. The decision by CERC to grant the energy licence comes as part of efforts to promote competition and efficiency in the power sector while ensuring the provision of quality services to consumers. It reflects the commission's commitment to fostering a conducive regulatory environment for the development of the energy market in Madhya Pradesh. The licensee will be responsible for establishing and operating transmission and distribution infrastructure, including substations, power lines, and distribution networks, to meet the growing energy demands of the state. This move is expected to enhance the availability and reliability of electricity supply, support economic growth, and improve living standards in Madhya Pradesh. The issuance of the energy licence underscores the government's efforts to attract investment and promote private sector participation in the energy sector, in line with its broader objectives of achieving energy security and promoting sustainable development. It is anticipated to stimulate competition, drive innovation, and improve service quality in the state's power distribution segment. Overall, the grant of the energy licence by CERC represents a significant milestone in Madhya Pradesh's journey towards achieving a robust and resilient energy infrastructure, contributing to the state's socio-economic progress and prosperity.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement