Ministry of Power issued five Year power vision document
The Ministry of Power (MoP) has issued a vision document which charts the way forward for India’s power sector. The document points out the problem areas and sets the timeline for every aspect of power generation, evacuation, and distribution.
The document, called “Vision 2024”, aims at developing a sustainable, viable, efficient, and competitive power sector to facilitate economic and social development. The report points out that the generation capacity in India has increased drastically in the past decade, but the sector is beset with falling plant load factor (PLF) and stressed assets.
Transmission is a huge problem for Indian renewable energy project developers. In many cases, renewable energy projects are ready to evacuate, but the evacuation infrastructure is not ready. In some other cases, due to the lack of proper transmission infrastructure, renewable energy has to be curtailed.
EESL successfully installs and operationalises over 5,00,000 Smart Meters across India
Energy Efficiency Services Limited (EESL), a joint venture of four public sector enterprises under the Ministry of Power, Government of India, announced the successful installation of over 5,00,000 smart meters in the states of Uttar Pradesh, Delhi, Haryana, Bihar and Andhra Pradesh, under the Government of India’s Smart Meter National Programme (SMNP). The smart meters operational in these states aim to enhance consumer convenience and rationalise electricity consumption.
The smart meter technology is critical to India’s ongoing power sector reforms. The Smart Meter National Programme that aims to retrofit 25 crore conventional meters with smart variants will lead to 80-100 per cent improvement in billing efficiency.