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Which of the following rules is/are notified by the Ministry of Power under Electricity Act, 2003?
1. Electricity (Timely recovery of costs due to Change in Law) Rules, 2021
2. Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021
Select the correct answer using the code given below:
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following rules is/are notified by the Ministry of Power ...
Ministry of Power notified rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards Climate Change.
  • The following Rules notified by the Ministry of Power under Electricity Act, 2003 are in the interest of the electricity consumers and the stakeholders:
    • Electricity (Timely recovery of costs due to Change in Law) Rules, 2021.
    • Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021.
  • Timely recovery of the costs due to change in law is very important as the investment in the power sector largely depends upon the timely payments. At present the pass through under change of law takes time.
  • This impacts the viability of the sector and the developers get financially stressed. The Rules would help in creating investment friendly environment in the country.
  • Hence both statements are correct.
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Community Answer
Which of the following rules is/are notified by the Ministry of Power ...
Ministry of Power notified rule for the sustainability of the electricity sector and promotion of clean energy to meet the India’s commitment towards Climate Change.
  • The following Rules notified by the Ministry of Power under Electricity Act, 2003 are in the interest of the electricity consumers and the stakeholders:
    • Electricity (Timely recovery of costs due to Change in Law) Rules, 2021.
    • Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021.
  • Timely recovery of the costs due to change in law is very important as the investment in the power sector largely depends upon the timely payments. At present the pass through under change of law takes time.
  • This impacts the viability of the sector and the developers get financially stressed. The Rules would help in creating investment friendly environment in the country.
  • Hence both statements are correct.
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Which of the following rules is/are notified by the Ministry of Power under Electricity Act, 2003?1. Electricity (Timely recovery of costs due to Change in Law) Rules, 20212. Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021Select the correct answer using the code given below:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
Which of the following rules is/are notified by the Ministry of Power under Electricity Act, 2003?1. Electricity (Timely recovery of costs due to Change in Law) Rules, 20212. Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021Select the correct answer using the code given below:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which of the following rules is/are notified by the Ministry of Power under Electricity Act, 2003?1. Electricity (Timely recovery of costs due to Change in Law) Rules, 20212. Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021Select the correct answer using the code given below:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following rules is/are notified by the Ministry of Power under Electricity Act, 2003?1. Electricity (Timely recovery of costs due to Change in Law) Rules, 20212. Electricity (Promotion of generation from renewable sources of energy by addressing Must Run and other matters) Rules, 2021Select the correct answer using the code given below:a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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