The Indian government has launched a Pilot Scheme for procurement of aggregate power of 2500 MW on competitive basis for three years under medium term from commissioned power plants without power purchase agreements.
The main purpose of the scheme is to revive commissioned power plants which are unable to sell electricity in the absence of valid power purchase agreements. These plants can bid for power supply under the scheme.
Source- AIR World Service
Static/Current Takeaways Important for NABARD Grade-A Exam 2018-
- Raj Kumar Singh is the Minister of State (I/C) of the Ministry of Power.