UDAY Current Affairs, GK & News

Borrowing limits fixed by UDAY of state government owned Power Discoms relaxed

The Cabinet Committee on Economic Affairs (CCEA) has come up with the approval of the one-time relaxation of the borrowing limits for the state government-owned Discoms. Key highlights The decision has been taken against the stress of discoms being unable to avail the Rs. 1.25 lakh crore dues to the generation and transmission companies. Previously ..

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“#iCommit” Initiative launched by Power Ministry

On June 5, 2020, the Ministry of Power launched the ‘#iCommit’ initiative on the occasion of World Environment Day. Highlights The initiative was launched to encourage stakeholders to continue providing efficient renewable power and resilient energy system in the future. The initiative is driven by the Energy Efficiency Services Limited (EFFSL). Role of EFFSL in ..

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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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NTPC, PGCIL sign MoU to enter Power Distribution Business

The Indian Public Sector Undertaking’s (PSUs) National Thermal Power Corporation Limited (NTPC Ltd) and Power Grid Corporation of India Limited (PGCIL) have signed an agreement to set up National Electricity Distribution Company Limited (NEDCL). Key Highlights The forming of a joint venture to set up National Electricity Distribution Company by NTPC, a leading power generator, ..

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Minister of Railways Piyush Goyal awarded Carnot Prize

The Union Minister of Railways and Coal, Piyush Goyal has been awarded the Carnot Prize 2018 for the transformational changes brought by him during his tenure as Union Minister of Power. Piyush Goyal during his tenure as Union Minister of Power, coal, new and renewable energy, and mines brought in transformational changes in the Power ..

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