Power Sector Current Affairs, GK & News

Andhra Pradesh: 2nd State to undertake Power Sector reforms

Andhra Pradesh has become the second State to implement the power sector reforms that was put forward by the Department of Expenditure, Ministry of Finance. Highlights The state has implemented the one of the three reforms that was bought in 2020. Under the reform, the state has started the Direct Benefit transfer (DBT) of electricity ..

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Subsidized Credit-Enhancement Bond Facility for Renewable Energy Proposed

The Centre for Energy Finance has proposed that a subsidized first-loss cover facility to credit-enhanced bonds raised by the developers and institutions looking to refinance their underlying projects should be introduced in India. This is required due to the challenges faced by domestic financial institutions and the limitations of both the domestic and the international ..

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Power Minister launches the ‘#iCommit’ initiative on World Environment Day

Shri R. K. Singh, the Minister of State (IC) for Power and New & Renewable Energy, initiated the ‘#iCommit’ campaign, on the occasion of World Environment Day. The initiative is to all stakeholders and individuals to continue moving towards energy efficiency, renewable energy, and sustainability to create a robust and resilient energy system in 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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India’s UJALA Programme completes 5 successful years

On January 5, 2020, Unnat Jyoti by Affordable LEDs for All (UJALA) and LED Street Lighting National Programme (SLNP) marked their fifth anniversary. The schemes were implemented by Energy Efficiency Services Limited (EESL). EESL is a joint venture of PSU operating under Ministry of Power. Highlights Under the SLNP initiative, in five years around 1.03 ..

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