Ministry of Power Current Affairs - 2019

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Initiatives to promote e-vehicles

The following initiatives have been taken to promote e-vehicles in the country:

  • The government has granted an exemption to Battery Operated Transport Vehicles and Transport Vehicles running on Ethanol and Methanol fuels from the requirement of a permit.
  • The Ministry of the Heavy Industries and Public Enterprises has launched FAME (Faster Adoption and Manufacture of (Hybrid and) Electric Vehicles) to incentivize the production and promotion of eco-friendly vehicles including electric vehicles and hybrid vehicles.
  • To incentivise the development of charging infrastructure for e-vehicles the Ministry of Power has issued a policy statement on charging infrastructure and has issued a notification clarifying that charging electric vehicles will be a service, not a sale of electricity.
  • The Indian Space Research Organisation (Isro) has agreed to commercialize indigenously developed lithium-ion battery technology and has selected 14 companies for transfer of technology.
  • The government think tank, NITI Aayog has taken an initiative to provide a Model Concessionaire Agreement (MCA) document for introducing Electric-Bus Fleet in Cities for Public Transportation on Public-Private Partnership (PPP) mode on Operational Expenditure (per km basis) Model rather than paying the upfront capital cost.
  • The Ministry of Housing and Urban Affairs has made amendment in the Urban and Regional Development Plans Formulation and Implementation (URDPFI) guidelines to provide for electric vehicle charging stations in private and commercial buildings.

The government of India even has a plan of converting the entire new fleet of vehicles to fully electric by 2030.

Month: Categories: National

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Prepaid and smart metering for electricity

Minister of Power and New & Renewable energy R.K Singh has said that in the next three years electricity metering will go smart and prepaid. He has also asked the manufacturers to scale up manufacturing of smart prepaid meters and to work towards bringing down their prices.

Why the Pitch for Smart meters?

The Power Ministry is pushing for smart prepaid meters for the following reasons:

  • Smart and pre-paid metering will aid in making state utilities more efficient and bringing down their losses in the past.
  • It will incentivise energy conservation.
  • Maintaining the better financial health of DISCOMs.
  • Enhancing the ease of bill payments.
  • Reducing AT&C losses.

The minister has assured the smart meter manufacturers of steady demand as the government is planning to make smart metering mandatory after a particular date. On a pilot basis, the prepaid meters are being deployed in Uttar Pradesh as part of the Saubhagya scheme which aims to electrify over four crore households till December this year.

Month: Categories: Business, Economy & Banking

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