Summary: — **1. Legal and Policy Framework** – **Governing Legislation:** The **Electricity Act, 2003** is the principal law, promoting competition, renewable energy, and independent regulation. – **Key Reforms:** – Delicensing of generation (except hydro and nuclear). – Unbundling of state utilities. – Introduction of open access and renewable purchase obligations (RPO). – **Regulatory Bodies:** – […]
Lebanon secures $250 million loan from World Bank to rehabilitate electricity sector – EQ
In Short : Lebanon has secured a $250 million loan from the World Bank to address its electricity crisis, worsened by economic collapse and conflict. The funds will improve bill collections and support solar energy projects, aiming to reduce costs by $40 million annually. This loan is part of a broader $1 billion reconstruction program, […]
Indefinite strike from Feb 1 over privatization of electricity sector – EQ Mag Pro
Puducherry: All the staff of the Electricity Department of the Puducherry government would launch an indefinite strike in the Union Territory from February 1 to protest against the move to privatise the power sector. A spokesperson of the Engineers and Employees Association of the Electricity Department on Thursday said in a press release: “With the […]
Innovation in Australia’s Electricity Sector Holds Lessons for Defence
Disruptive innovation almost always takes the incumbent by surprise. Successful organisations are very often good at sustaining innovation (that is, incrementally improving their business model), but they’re generally unwilling to foster disruptive innovation, and are often structurally or culturally unable to. But those disruptive innovations can blow their business model away—and by the time they […]
The role of renewable energy mini-grids in Kenya’s electricity sector
Even with the global electrification rate rising from 83% in 2010 to 89% in 2017, about 573 million people still lack adequate access to electricity in Sub-Saharan Africa. The Sustainable Development Goal (SDG) 7 calls for action to “ensure access to affordable, reliable, sustainable, and modern energy for all” by 2030. It is estimated that […]
Uttar Pradesh to invest Rs 20,000 cr in improving power transmission infra
State peak hour power demand estimated to jump 35% to 30,000 mw by 2024 The Uttar Pradesh government plans to invest Rs 20,000 crore in five years for improving power transmission, seeking to provide uninterrupted electricity to industries as it aims to become a $1-trillion economy. It’s estimated that the peak hour energy demand in […]
India’s renewable energy cost is lowest in Asia Pacific: WoodMac report
India’s levelised cost of electricity using solar photovoltaic has fallen to $38 per megawatt hour this year, 14% cheaper than coal-fired power India’s renewable energy cost is the lowest in the Asia Pacific, consultancy Wood Mackenzie said on Monday. India’s levelised cost of electricity (LCOE) using solar photovoltaic has fallen to $38 per megawatt hour […]