Electricity Grid Current Affairs - 2020

ELECRAMA-Indian Electrical Industry Showcase inaugurated

On January 18, 2020, the ELECRAMA 2020 was held in Noida. The event showcases innovations and achievements of Indian Electrical Industry

Significance

The “ELECRAMA” platform is organized by Indian Electrical and Electronics Manufacturers’ Association (IEEMA). It is supported by other ministries such as ministry of renewable energy, power, MSME (Micro Small and Medium Enterprises). It acts a platform to connect Indian industries with the world. The event also helps the world leaders share their ideas and develop cost effective solutions.

About the event

The ELECRAMA is one of the flagship events of Indian electrical industry. It brings complete package of solutions to every power problem. It includes transmission, generation, distribution, renewables, power electronics, electro mobility, power storage and automation.

Bottom line the event is important to develop the electrical energy sector in India.

Electrical Energy in India

India is the third largest producer and consumer of electricity. The National Grid of the country has the capacity of 368.79 GW as of December 2019. Of this 41.16% is used for industrial purposes, 24.76% is used for residential purposes, 17.69% is used for agricultural purposes and commercial sector consumes 8.24% of the total electrical energy generated in the country.

Of the 368.79 GW, the private sector production is 46%.

The above data was provided by Ministry of Power.

ADB to provide loan for India-Bangladesh Electricity link upgradation

Asian Development Bank (ADB) has decided to provide 120 million dollars loan to upgrade the India-Bangladesh electricity network.

This loan fund will allow Bangladesh to meet its increasing power demand from India and support power exchanges across South Asia region.

It will also double the existing capacity of the inter-grid connectivity which links the power grid of eastern India at Baharampur with the power grid of western Bangladesh at Berhamara.

The two electricity networks between both countries were first connected in December 2013 under a previous ADB project. Under this project India exports 500 MW power to Bangladesh.

This interconnectivity project is a considered as first step in the direction of a South Asia Regional Electricity Grid which will facilitate power exchanges between countries of the region.

The India-Bangladesh electricity network project is part of ambitious South Asia Subregional Economic Co-operation (SASEC) Programme which aims at improving economic opportunities through cross-border links in trade, road and rail, power networks. It is expected to be completed by June 2016.