Electricity Current Affairs - 2020

Power Sector: Trancos and Gencos to charge 12% cap on Late Payment Surcharge

On August 22, 2020, the Power Ministry announced that the Generating Companies and the Transmission Companies have been advised to charge Late Payment Surcharge at a rate not exceeding 12% per annum. With this, the financial burden on Discoms is to ease out. Highlights The interest rates in India have been softened over the last Read More…

CO2 Emissions of India falls in 4 decades

According to the study conducted by Centre for Research on Energy and Clean Air (CREA), the Carbon dioxide Emissions in India has declined the least in four decades. Highlights The study says that the carbon dioxide emissions in India has reduced by 15% in March and by 30% in April. The study also says that Read More…

IEA Report: Global Energy Review, 2020

The International Energy Agency recently released Global Energy Review in 2020. The report highlights the global energy demand in 2020 and carbon dioxide emissions. Highlights The report was prepared by collecting data from 30 countries. This includes India and China. Key Findings of the report According to the report, 15% of the daily electricity demand Read More…

Core sector Growth of India hit due to Lock Down

The core sectors of India include crude oil, steel, natural gas, refinery product, cement, fertilizer, electricity and coal. According to the figures released by the Ministry of Commerce recently, the production of core industries of India shrank in March, 2020 due to lock down. Highlights The output of the core industries has reduced by 6.5% Read More…

Parliamentary Panel: More than 40% of schools are without power and playgrounds

A Parliamentary panel set up on education submitted its report to Rajya Sabha on 2020-21 demand for grants. The report said that shortfalls in budget funds has led to critical infrastructure gaps. Key findings of the report The Panel in its report says that more than 27% cuts have been made in budget allocations for Read More…