DISCOMs Current Affairs, GK & News

Bill to amend Electricity Act sent for consultation

The Union power ministry has sent the proposed Electricity (Amendment) Bill, 2021, for the inter-ministerial consultation. Highlights The bill was also sent to the law and justice ministry for its critical examination and evaluation. After the cabinet approves the bill, it will be introduced in the current session of parliament with the aim of passing ..

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Budget 2021: Rs 3.05 trillion Electricity Distribution Reform Programme announced

The Finance minister of India, Nirmala Sitharaman, announced a Rupees 3.05 trillion electricity distribution reform programme while presenting the Union Budget 2021. Highlights The electricity distribution programme will help in reducing the losses and improve the efficiency of electricity distribution companies (DISCOMs). A framework that allows a choice of electricity supplier to consumers was also ..

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Wind-Solar Hybrid Park: GoI introduces new Scheme

The Ministry of New and Renewable Energy has proposed a new scheme to develop Wind-Solar Hybrid Parks. The scheme aims to address the key issues faced by renewable energy projects. Key Features of the Scheme The Wind-Solar Hybrid park will be a concentrated zone of power projects. It will provide an area with the required ..

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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 ..

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Fourth Tranche of Atma Nirbhar Bharat Abhiyan announced

On May 16, 2020, Finance Minister Nirmala Sitaraman announced the fourth tranche of Atma Nirbhar Bharat Abhiyan. The scheme allocated Rs 20 lakh crores to help people during Lock Down 4.0. Highlights The Government of India is to bring upon policy reforms in eight sectors. This includes coal, minerals, defence production, civil aviation (air space ..

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