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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, ..
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 ..
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 ..
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 ..
Month: Current Affairs - June, 2020
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 ..
Month: Current Affairs - May, 2020
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 ..