Government has decided to remove the license requirement for Power Generating Companies on Dedicated Transmission Lines.
The government has decided to remove the requirement of a license to operate and maintain the dedicated transmission lines by power-generating companies to connect with the grid.
The requirement to remove the license will promote ease of doing business for the industry and help in more job creation and faster industrial growth.
The new rules have been announced by the Union Power Minister RK Singh.
A power generating company or a person setting up a captive generating plant or an Energy Storage System with a load of less than twenty-five Megawatts shall not be required to obtain the license.
The Government has already brought down the losses of the distribution companies from 27 per cent in 2014 to 15.41 per cent in 2022-23.
Since 2014, around 16.93 lakh crore rupees of investment have been made in the power sector in India.
