Power sector Current Affairs

Diu Smart City: First to run on 100% Renewable Energy during daytime

Diu Smart City has become first city in India to run on 100% renewable energy during daytime. With this, it has set new benchmark for other cities to become clean and green.

Diu was importing 73% of its power from Gujarat until last year. But now it has adopted two-pronged approach to reduce dependence on Gujarat for power requirements through renewable energy.

Key Facts

The two approaches include 9 MW solar park spread over 50 hectares rocky barren land and installing of solar panels on roof tops on 79 government buildings thereby generating 1.3 MW annually.  To further enhance its solar capacity, Diu has been offering its residents subsidy of Rs 10, 000 to Rs. 50,000 for installing 1-5KW roof top solar panels.

With these renewable energy initiatives, the UT has been saving about 13,000 tonnes of carbon emissions every year. Moreover, due to low-cost solar energy, power tariffs have been cut by 10% in 2017 and 15% in 2018 in residential category.

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SJVN signs MoU with Ministry of Power to achieve 9200 Million Units in FY 2018-19

Hydro power major Sutlej Jal Vidut Nigam (SJVN) Limited has signed Memorandum of Understanding (MoU) with Ministry of Power for generating 9200 million units for the year 2018-19. The MoU was signed in New Delhi by Power Secretary Ajay Kumar Bhalla and SJVN Chairman & Managing Director (CMD) Nand Lal Sharma.

Key Facts

As per set targets in the MoU, SJVN will achieve 9200 Million Units generation during FY 2018-19 under ‘Excellent’ category. Further, SJVN will have Capital Expenditure (CAPEX) target of Rs. 900 crore and Turnover target of Rs. 2175 crore along with other targets related to operational efficiency and project monitoring.

Sutlej Jal Vidut Nigam (SJVN)

SJVN Limited is a Mini Ratna and Schedule ‘A’ Central Public Sector Undertaking (CPSU) under Ministry of Power. It is joint venture between Central Government (64.46% share) and Government of Himachal Pradesh (25.51% share). It was incorporated in 1988. It is headquartered in Shimla, Himachal Pradesh.

The present installed capacity of SJVN is 1,964 MW (comprising of 1912 MW Hydro, 47.6 MW Wind Power, 5 MW Solar Power). SJVN is successfully operating country’s largest 1500 MW Nathpa Jhakri Hydropower Station. In FY 2017-18, SJVN had generated 9280 Million Units from its projects under operation with installed capacity of 1964 MW against target of 8950 Million Units (under Excellent category). Currently, SJVN has four projects with capacity of 1610 MW under construction.

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