Power sector Current Affairs - 2020

Real Time Electricity Market launched by Indian Energy Exchange

On June 1, 2020, Indian Energy Exchange launched Real Time Electricity Market (RTM). The main aim of the launch is to help discoms plan their power requirements. Working of the market The market will conduct 48 auction sessions during the day and the power will be delivered within one hour of closure of the bid Read More…

India’s UJALA Programme completes 5 successful years

On January 5, 2020, Unnat Jyoti by Affordable LEDs for All (UJALA) and LED Street Lighting National Programme (SLNP) marked their fifth anniversary. The schemes were implemented by Energy Efficiency Services Limited (EESL). EESL is a joint venture of PSU operating under Ministry of Power. Highlights Under the SLNP initiative, in five years around 1.03 Read More…

State Power Ministers Conference

A two – day state power ministers conference starting on October 11, 2019, is to be held in the banks of Narmada river at Kevadia, Gujarat. The conference will be inaugurated by Union Minister of State for Power RK Singh. The conference is to be held near the Statue of Unity, the tallest structure in Read More…

Efficiency gap in India’s power sector costs 4% of GDP: World Bank Report

The World Bank recently released a report titled ‘In the Dark: How Much Do Power Sector Distortions Cost South Asia’. As per the report, Efficiency gap in India’s power sector costs the Indian economy 4% every year, which equivalents to $86 billion in 2016FY. Key Points of the Report: The rural household’s income in India Read More…

Government constitutes high level empowered committee to revive stressed thermal power plant

Union Government has constituted High Level Empowered Committee headed by Cabinet Secretary to address issues of Stressed Thermal Power Projects. The committee has representatives from Ministry of Railways, Ministry of Finance, Ministry of Power, Ministry of Coal and lenders having major exposure to the power sector. Key Facts The Committee will look into various issues Read More…