electricity consumption Current Affairs, GK & News

Market-Based Economic Dispatch (MBED) mechanism

September 19, 2022

The Union Ministry of Power is currently calling for the Market-Based Economic Dispatch (MBED) mechanism – a radical shift from the current decentralized, voluntary pool-based electricity market. What is the MBED mechanism? The MBED mechanism envisages a centralized scheduling for dispatching the entire yearly consumption of electricity of around 1,400 billion units. It proposes a ..

Month: 

Category:  •

Topics:  • • • •

NITI Aayog released “Electricity Access in India and Benchmarking Distribution Utilities” report

October 29, 2020

On October 28, 2020, Niti Aayog released the “Electricity access in India and benchmarking distribution utilities” report. Highlights The report says that 92% of customers received electricity infrastructure within 50 metres of their premises. Around 87% of the customers had access to grid-based electricity. Reminding 13% were those who either used non grid sources or ..

Month: 

Category: 

Topics:  • • • •

Ministry of Power released data on India’s per capita consumption of electricity

November 25, 2019

As per data released by the Ministry of Power, during 2018-19, India’s per capita consumption of electricity was 1,181 kWh. Highlights from the data released Dadra and Nagar Haveli, at 15,179 kWh he highest per capita consumption in 2018-19. Gujarat with 2378 kWh, Goa (2274), Haryana (2082) and Punjab (2046) making the top 5 as ..

Category:  •

Topics:  • • • • • • •

Did India Over-Estimate its Growth Rate?

June 13, 2019

In a research paper India s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications former chief economic advisor Arvind Subramanian has claimed that India s economy grew at a much slower pace between 2011-12 and 2016-17 (at about 4.5%) than the official estimate of 7 per cent. Observations made in the Research Paper India s GDP ..

Category: 

Topics:  • • • • • • • • • • • •