100% renewable energy Current Affairs, GK & News

Green Open Access Rules 2022

On June 6, 2022 Union Government has notified the Green Open Access Rules 2022, that will accelerate India’s renewable energy programmes. What are Green Open Access Rules 2022? These rules are notified to promote generation, purchase and consumption of green energy including the energy generated through waste-to-energy plants. The rules also enable a simplified procedure ..

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ASEAN-India High Level Conference on Renewable Energy

ASEAN and India held high level conference on Renewable Energy on February 7, 2022. Key Points On the occasion, Indian Minister of Power and New & Renewable Energy R K Singh highlighted that, India and ASEAN can together develop an entire ecosystem for renewable energy (RE). They will also explore the joint initiative to build ..

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What are Sovereign Green Bonds?

During the Union Budget presentation, the Finance Minister Nirmala Sitaraman announced the issuance of “Green bonds”. These bonds are to be issued to mobilise green infrastructure resources. What are green bonds? Green bonds are debt instruments. The money collected by selling these bonds are invested in projects that have positive impact on the environment. The ..

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Green Energy Corridor Phase II

On January 6, 2022, the Government of India approved Green Energy Corridor Phase – II. The estimated outlay of the phase is Rs 12,031 crores. Under this phase, 10,750 kilometres of transmission lines are to be constructed and 27,500 MVA sub stations are to be added. MVA is Mega Volt Ampere. These additions are of ..

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Power ministry: New Rules notified to ensure Sustainability

The ministry of power announced new rules to ensure sustainability in the economic viability of the power sector. Key Points New rules will also ease the financial stress of various stakeholders. It will also ensure timely recovery of costs incurred in the electricity generation. It will promote clean energy for ensuring the suitability and meet ..

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