power distribution Current Affairs, GK & News

ADB signs 100 million USD loan to boost power supply in Bengaluru

The Asian Development Bank recently signed an agreement of 100 million USD modernize and upgrade the power distribution in Bengaluru city. Key Highlights The 100 million USD loan is to be used to enhance the quality and reliability of electricity supply in Bengaluru city under the Bengaluru Smart Energy Efficient Power Distribution Project. Also, the ..

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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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National Electricity Distribution Company Limited

A Memorandum of Agreement (MoU) was signed by National Thermal Power Corporation Limited (NTPC) and PowerGrid Corporation of India Limited to set up the National Electricity Distribution Company Limited (NEDCL). NEDCL would be a joint venture on 50:50 equity basis. It will undertake the business for distributing electricity and other related activities in distribution circles ..

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