electricity act Current Affairs, GK & News

electricity act  Current Affairs, GK & News

Electricity (Rights of Consumers) Rules, 2020

The Union Ministry of Power recently drafted the Electricity (Rights of Consumers) Rules, 2020. These rules are being drafted for the first time in the Indian history. The Electricity (Rights of Consumers) Rules 2020 are as follow: Reliability of services The average number and duration of usages per consumer per year for the DISCOMs are ..

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What is 1.5 times formula for crops MSP? How is it calculated?

The 1.5 times formula is used to determine the minimum support price (MSP) for crops. This was introduced during the Union Budget 2018-19. According to this formula, the MSP is fixed at 1.5 times the production cost for crops as a ‘pre-determined principle’. Under this formula, the Commission for Agricultural Costs & Prices (the commission ..

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All DISCOMS to comply Energy Conservation Act, 2001

The Ministry of Power, Government of India has released an official notification that mandates all the Electricity Distribution Companies (DISCOMs) to comply Energy Conservation (EC) Act, 2001. As per the official notice, all the DISCOMs will now be governed under the various provisions of EC Act like Energy Accounting & Auditing, Implementation of energy conservation ..

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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 ..

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Cabinet gives nod to 25 solar parks of 500MW & key amendments in Electricity Act

Cabinet has given nod to an ambitious 25 solar parks of 500MW proposal will help India become a global leader in solar generation.  These 25 solar parks will add in total 20,000 megawatts (MW) solar power after implemented. Government will provide budgetary grant of Rs 4,050 crore to implement it by 2019. These projects will be ..

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