The electricity market at Indian Energy Exchange (IEX) traded an all-time high volume of 7,260 MU during December 2020, witnessing an 52 per cent year-on-year growth during the month.
Asian Development Bank (ADB) and the Government of India have recently signed a $100-million loan agreement to modernise and upgrade the power distribution system to enhance the quality and reliability of electricity supply in Bengaluru city in Karnataka.
The government has recorded significant achievement on the Integrated Power Development Scheme (IPDS), despite the implementation restrictions faced due to the COVID-induced lockdown, a government release said.
Power distribution utility Tata Power Delhi Distribution, serving a populace of 7 million in the national capital, successfully met the record peak power demand of 1,568 mw, on January 1, 2021.
Global investment manager AMP Capital has established a 50:50 partnership with Sterlite Power Transmission Ltd for the development of energy transmission projects in India.
The Union ministry has promulgated rules laying down the rights of power consumers in the country. This is for the first time that electricity consumers have been empowered against errant actions of power distribution utilities.