Some news has been doing rounds on social media that the Government has decreased the number of households to meet the target of 100% household electrification under SAUBHAGYA. Here are the facts: pib.nic.in/PressReleaseIf…
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Hon'ble Minister of Power and New & Renewable Energy Shri @RajKSinghIndia today launched a special dispensation called High Price Day-Ahead Market (HP-DAM).
HP-DAM is a unique arrangement created by the ministry to make available the imported gas-based power generators (using imported RLNG & Naphtha), imported coal-based power plants and battery-energy storage systems to sell power on the exchange...
This is part of integrated DAM segment, with sequential price discovery, at IEX. It will accelerate and sustain the growth momentum by deepening the power markets...
We encourage media houses to increase public awareness, However it is important to Fact-check to prevent the spread of misinformation. The facts are as follows:
The installed solar generation capacity as on 30th April was 40.5 Gigawatts; and the capacity under installation was 36.48 Gigawatts .The capacity installed and under installation comes to 77 Gigawatts.The capacity under bid is 24.42 Gigawatts. This adds up to 101.39 Gigawatts.
This is despite losing one year because of Covid. The progress made by India in the sphere of energy transition and renewable expansion is being acknowledged world-wide, and our country has emerged as the most favoured investment destination.