Shri R K Singh talked about his endeavours to create and implement a robust plan to make the power distribution sector viable; pave the way for new & advanced tech
Union Minister of Power and New and Renewable Energy, Shri R K Singh participated in a panel discussion of India Conference at Harvard themed ‘Powering India’s Energy Infrastructure: Technology, Investment and Policy Perspect
New Delhi: Union Minister of Power and New and Renewable Energy, Shri R K Singh highlighted the spectacular journey of India’s power sector; from ensuring universal electricity access to becoming a global champion in Energy Transition & being the only major economy whose actions are consistent with the sub-2 degree rise in global temperature.
On Saturday, February 19, Shri Singh participated in a panel discussion of India Conference at Harvard themed ‘Powering India’s Energy Infrastructure: Technology, Investment, and Policy Perspective’
Discussing India’s globally acknowledged fastest rate of economic growth, Minister Singh talked about his endeavours to create and implement a robust plan to make the power distribution sector viable; pave the way for new & advanced tech; ensure a supportive regulatory framework for RE industry; make India a world leader in green hydrogen & battery storage-Powering the Green Future of India.
He further discussed the various schemes of energy savings that have ensured savings of 320 million tonnes of CO2 every year and the innovative bids to provide for green renewable energy during peak hours and 24×7 power supply using only green energy.
Govt’s step to facilitate Renewable Energy integration in the national interconnected grid
-Construction of intra-state and inter-state transmission systems for evacuation of Renewable power
-Innovative products like solar-wind hybrid projects, RE projects with energy storage systems, and supply of RE Power balanced with power from non-RE sources launched to reduce intermittency.
-Waiver of Inter-State Transmission Charges on Transmission of the Electricity generated from Solar and Wind Sources of Energy.
-Setting up of Regional Energy Management Centers (REMCs) for accurate forecasting of renewable power and assisting grid operators to manage variability and intermittency of renewable power.
-Flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power.
-Implementation of Green Term Ahead Market (GTAM) and Green Day Ahead Market (GDAM) for sale of renewable energy.