Renewable Energy Current Affairs - 2020

India revives Preferential Trade Agreement with South African Customs Union

The South African Customs Union (SACU) comprises of South Africa, Namibia, Lesotho, Botswana and Eswatini. India and the South African Customs Union held a virtual meeting to discuss the aspects of Preferential Trade Agreement. Highlights India during the meet revived its Preferential Trade Agreement with the grouping. Under the PTA, India is supporting manufacturing and Read More…

Andhra Pradesh announces Renewable Energy Export Policy, 2020

The State Government of Andhra Pradesh recently announced the Renewable Energy Export Policy, 2020. The policy permits sale of power to other states of India. About the Policy The policy is to be implemented by NREDCAP (New and Renewable Energy Development Corporation of AP Limited). The NREDCAP is to allocate renewable energy resource potentials to Read More…

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…

IISD: India’s Renewable Subsidies decline by 35%

The Council on Energy, Environment and Water (CCEW) and International Institute of Sustainable Development (IISD) recently released a report called “Mapping India’s Energy Subsidies, 2020”. Highlights The report says that India’s energy subsidies have declined by 35% in 2019 as compared to 2017. On the other hand, the oil and gas subsidies have increase by Read More…

Revised draft of Electricity (Amendment) bill, 2020 launched

The Ministry of Power has made changes to the Electricity (Amendment) bill, 2020. This is being done to promote electricity generation from renewable sources. Key Features of the bill Electricity Contract enforcement Authority is to be created Launch of National Renewable Energy Policy Payment security has been made necessary to schedule distribution of electricity and Read More…