# Market-Based Economic Dispatch (MBED) mechanism

The Union Ministry of Power is currently calling for the Market-Based Economic Dispatch (MBED) mechanism – a radical shift from the current decentralized, voluntary pool-based electricity market. What is the MBED mechanism? The MBED mechanism envisages a centralized scheduling for dispatching the entire yearly consumption of electricity of around 1,400 billion units. It proposes a ..

# Draft Electricity (Rights of Consumers) (Amendment) Rules, 2021

The Ministry of Power recently issued a Draft Electricity (Rights of Consumers) Rules, 2021. These new rules allow net metering of roof top solar systems. About the new Rules The net metering of roof top has been allowed up to 500 KW in the new rules. The following definitions were added: Gross Metering means a ..

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# North Eastern Region Power System Improvement Project

The Cabinet Committee on Economic Affairs recently approved the revised cost estimate of the North Eastern Region Power System Improvement Project. The revised estimated cost is Rs 6,700 crores. About the Scheme The north eastern region power system improvement project (NERPSIP) is a central scheme under the Ministry of Power. It was started in 2014. ..