Daily News Wrap-Up: Power Ministry Ends URET Mechanism
The Power Ministry exempted off-stream PSPs from seeking CEA concurrence
August 7, 2025
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The Ministry of Power ended the uniform renewable energy tariff (URET) mechanism in response to concerns of renewable energy implementing agencies and developers over the reluctance of procurers to sign power purchase agreements. The Ministry said that in light of the substantial renewable energy capacity awaiting the signing of power sale agreements and to expedite the deployment of renewable energy, it had decided to withdraw the URET mechanism.