Electricity Distribution Sector Reforms Current Affairs, GK & News
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 ..
The Ministry of Power recently issued a Draft Electricity (Rights of Consumers) Rules, 2021. These new rules allow net metering of roof top solar systems. About the new Rules The net metering of roof top has been allowed up to 500 KW in the new rules. The following definitions were added: Gross Metering means a ..
Category: Legal & Constitution Current Affairs
The Cabinet Committee on Economic Affairs recently approved the revised cost estimate of the North Eastern Region Power System Improvement Project. The revised estimated cost is Rs 6,700 crores. About the Scheme The north eastern region power system improvement project (NERPSIP) is a central scheme under the Ministry of Power. It was started in 2014. ..
Category: Economy & Banking Current Affairs - 2022
Topics: Cabinet Committee on Economic Affairs • Electricity Distribution Sector Reforms • Ministry of Power • North East Development • North Eastern Council • North Eastern Electric Power Corporation Limited • North Eastern Region
Government inks $250 million loan agreement World Bank for Electricity Distribution Sector Reforms in Rajasthan
Central Government along with Government of Rajasthan has signed $250 million Development Policy Loan (DPL) agreement with World Bank for Electricity Distribution Sector Reforms in Rajasthan. The loan will be provided by World Bank’s lending arm International Bank for Reconstruction and Development (IBRD). It has maturity of 21 years and 3-year grace period. Electricity Distribution ..