INDIA: Ministerial Office Memorandum on UDAY (Ujwal Discom Assurance Yojana) Scheme for Operational and Financial Turnaround of Power Distribution Companies (DISCOMs)

UDAY (Ujwal DISCOM Assurance Yojana), a Scheme for the Financial Turnaround of Power Distribution Companies (DISCOMs), has been approved by the Government of India with an objective to improve the operational and financial efficiency of the State DISCOMs. This scheme shall apply only to State-owned DISCOMs. DISCOM for the purpose of this Scheme may include combined Generation, transmission and distribution Undertakings.

INDIA: Pilot Scheme of MNRE for Large Scale Grid Connected Roof Top Solar Power Generation

Government of India launched Jawaharlal Nehru National Solar Mission (JNNSM) in January 2010 with a view to accelerate development and promotion of solar energy technologies in the country. To meet the JNNSM objectives, large area roof top installations are considered as one of the potential route. MNRE has brought out pilot scheme to promote grid connected roof top PV solar PV systems with a view to generate feedback and further promotion in India. The specific objectives of the scheme include:  Demonstration of grid connected roof top solar power plants to facilitate reduction in consumption of diesel for power generation and dependency on grid power.  To establish the effectiveness of these solar systems in different locations of India.

INDIA: New Exploration Licensing Policy (NELP)

The Government of India formulated the New Exploration Licensing Policy in 1997. Its main objective is to attract private investment in oil sector to allow for exploration to hasten the pace of reserve accretion, which can serve as a base for higher levels of domestic production.

BHUTAN: Bhutan Domestic Electricity Tariff Policy, 2016

This policy shall provide guidelines for domestic tariff determination which will be applicable for all the customers. It aims to provide guidelines for domestic tariff formulation to achieve the following objectives: (a) Ensure fairness to both service customers and service providers; (b) Ensure recovery of the actual cost of efficient business operation of electric utilities and enable investments in expansions and up-gradations; (c) Provide affordable tariff to improve the living standard of the people through rationalized and targeted subsidy mechanism. (d) Promote transparency and predictability in tariff setting. (e) Promote conservation of environment to ensure sustainability of the hydropower resource. (f) Promote sustainable economic growth and competitive Industries.

BHUTAN: Review of the Economic Development Policy 2010

Since the EDP was launched only on 31st March 2010, it is too early to evaluate its implementation progress and results. Therefore, the scope of this document is limited to providing a review of: the overall intent of the document, the objectives outlined, and an analysis of strategies proposed. The review also highlights some areas of concern and proposes a set of recommendations for an inclusive and pro-poor growth that fosters greater human welfare and happiness. The Review highlights that for a document that seeks to lay out a comprehensive economic policy for the country, it is very important for the EDP to have a clear purpose. In particular, the title of the document projected as “Economic Development Policy” implies that the EDP is a broad policy document that covers macro- economic and social development policy for the entire economy and population and not just the private sector. Also, it underlines that the Economic Development Policy is should recognize that the private sector should not be limited only to the formally organized business sector. It also includes individuals and households, both poor and rich, in rural and urban areas who operate as private economic actors when they consume goods and services, sell their labor, farm or produce goods and services.

BHUTAN: Foreign Direct Investment (FDI) Policy, 2010 (2014 Ed.)

The Royal Government adopted the FDI Policy 2010 (2014 Ed.) to achieve the objectives as set out in the Economic Development Policy 2010. The FDI shall be encouraged in areas that contribute to the following; i) Development of green and sustainable economy ii) Promotion of socially responsible and ecologically sound industries iii) Promotion of culturally and spiritually sensitive industries iv) Investments in services that promote Brand Bhutan v) Creation of a knowledge society. Note: Priority Sector activities are as follows: 1. PRODUCTION & MANUFACTURING including Energy: i. Hydro Power ii. Solar and wind energy iii. Other renewable energy. 2. SERVICES including Research & Development; Green & non-fossil fuel based transportation. Mining for sale of minerals in primary or raw form are not included.

BHUTAN: Mines and Minerals Management Act, 1995

The Act addresses the following topics: Administration; Management of Exploration and Mining Activities; Proper Conduct of Mining Operations; Mineral Levies; Offenses and Penalties; Dispute Resolution, Appeals, Arbitration; Regulations.

BHUTAN: Mines and Minerals Management Regulations 2002

The Regulations deal with the following aspects: Administration, Definitions and Procedures: Boundaries; Registry of Mineral Titles; Exploration; Mining Lease; Royalty Mineral and Surface Rent; The Mining Operation; Management of Mining Operation; Records, Reports and Notices; Monitoring, Offences and Sanctions.