Govt okays viability gap funding scheme for offshore wind energy projects
The Viability Gap Funding (VGF) scheme has a total outlay of ₹7,453 crore.
The Viability Gap Funding (VGF) scheme has a total outlay of ₹7,453 crore.
There has been a 65% increase in the transmission network in the last nine years.
Industry sources say the move, which will burden consumers, is part of the attempts to improve the poor financial health of distribution companies.
The bill aims to give multiple licences in various power distribution areas, paving the way for private sector companies to take up distribution.
Using smart meters will lead to happy discoms and customers and pave the way to smart grid connectivity.
JSW Energy joint managing director and CEO Prashant Jain is bullish on the power sector despite its turmoil.