India and Saudi Arabia Review Electrical Grid Interconnection Project
Officials from India and Saudi Arabia recently reviewed the proposed electrical grid interconnection project between the two nations. This project is considered a significant development in the sector.
The review follows a Memorandum of Understanding (MoU) previously signed by India and Saudi Arabia. The MoU outlines a framework for cooperation in several areas, including electrical interconnection and the exchange of electricity during peak demand and emergencies. It also covers the co-development of projects and the co-production of green/clean hydrogen and renewable energy.
A key aspect of the MoU is the establishment of secure, reliable, and resilient supply chains for materials used in the green/clean hydrogen and renewable energy sectors.
Haryana Government to Appeal Against Parallel Electricity Distribution License
Haryana's Energy Minister Anil Vij announced that the state government will appeal the Haryana Electricity Regulatory Commission's (HERC) order to grant a parallel electricity distribution license to Eleven Power Private Limited. The license covers the Gurugram and Nuh districts.
The HERC issued the 25-year license on October 19, under Section 14 of the Electricity Act, 2003. Eleven Power Private Limited plans to invest ₹4,717 crore in the distribution network over five years, with electricity supply projected to start in 2027-28.
This license permits Eleven Power Private Limited to operate alongside the current distributor, Dakshin Haryana Bijli Vitran Nigam (DHBVN), which is a state-owned power distribution company. Consumers will have the option to switch providers once Eleven Power's network becomes available in their areas.