The Ministry of Power has notified the Electricity (Third Amendment) Rules, 2023 (“Amendment Rule”) to further amend the Electricity Rules, 2005 (“Principal Rule”). This is effective immediately.
Key Highlights:
- The ambit of captive consumption is extended to include now include captive power consumption by a subsidiary company or a holding company of a company which is a captive user;
- Captive status of generating plants, where both the captive generating plant and its captive user(s) are located in more than one State, will be verified by the Central Electricity Authority;
- In Rule 3(1)(a)(i), the word “captive user” has been substituted with the word “captive user(s); and”.
Source: Ministry of Power