Power minister announces 1,000 Megawatt wind energy auction scheme

Posted on:05 May 2017 17:46:14
Power minister announces 1,000 Megawatt wind energy auction scheme
05 May 2017 Current Affairs:

  • The Ministry of New and Renewable Energy Piyush Goyal announced the launch of second round of wind energy auction for 1,000 MW.

  • The announcement was done concurrently with the signing of Memoranda of Agreement (MoA) between the public sector Power Trading Corporation and the electricity distribution companies (discoms) of Uttar Pradesh, Bihar, Jharkhand, Delhi, Assam and Odisha.

  • According to the Memorandum of Agreement, the distribution utilities of Uttar Pradesh will buy 449.9 MW electricity, Bihar 200 MW, Jharkhand 200 MW, Delhi 100 MW, Assam 50 MW and Odisha will buy 50 MW of wind power for meeting their non-solar renewable purchase obligation(RPO).

  • All these companies will sell power to Power Trading companies at a rate of 3.46 a Kilo Watt hour.


Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs December 2017

12 DECEMBER
NEWS
11 DECEMBER
NEWS
10 DECEMBER
NEWS
9 DECEMBER
NEWS

Current Affairs November 2017

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS