What change has India made to its power export rules, as per the recent explanation provided
An alteration to India's power export rules is detailed in the recent explanation.
- India has revised its power export rules to allow companies to export electricity directly to other countries.
- The new rules will enable private power generators to export electricity without having to go through government-owned entities.
- This change aims to boost India's electricity exports and increase opportunities for private firms in the power sector.
- Companies will now be able to sign power purchase agreements with foreign entities for exporting electricity.
- This move is expected to facilitate greater efficiency and competition in the power sector, ultimately benefiting consumers.
Answered
8 months ago