The World Bank has announced that a new international partnership has been established to expand the deployment of energy storage and bring new technologies to developing countries’ power systems.
The year gone by has been a really happening one for the Indian power sector, and it also managed to draw global attention. India jumped up to 77th position, up 23 notches, in the World Bank’s Ease of Doing Business
The World Bank’s recently released report, the ‘Regulatory Indicators for Sustainable Energy (RISE)’, highlights that many of the world’s largest energy-consuming countries have significantly improved their renewable energy regulations since 2010.
The decision by the department of investment and public asset management (Dipam) to go for an initial public offering of Indian Railway Finance Corporation (IRFC) has put paid to the Indian Railways’ (IR’s) chances of getting an investment guarantee from the World Bank.
Despite making a remarkable progress in electricity distribution over the years, India still faces challenges to meet its growing demand for power and reliable supply still remains low in the country, the World Bank said in a report.
Reliability of power supply is crucial, merely adding households to electricity grid not enough: World Bank
India must look at ensuring steady power supply to households for the government’s electrification drive to be truly successful, and merely adding new consumers to the electricity grid is not enough, a senior World Bank economist said.
The World Bank has just released a seminal report on the Indian power sector highlighting crucial findings on distortions. In an exclusive interview with Sudheer Pal Singh, the report’s author, Fan Zhang
India will soon be implementing a direct benefits program (DBT) to ensure affordable electricity to the poor households in India, Financial Express has reported, with the World Bank planning the scheme in collaboration with state power
Get cash for using electricity: LPG-like direct benefit scheme in works; check what World Bank plans
Indians may soon get cash for using electricity, if a new model along the lines of LPG Direct Benefit Transfer works out. In order to provide affordable electricity to the poor households in India, the World Bank
What could be the total economic cost imposed by distortions in the power sector on the Indian economy annually? The figure was a staggering $86.1 billion, or roughly 4.13 per cent of the gross domestic product (GDP) in financial year 2015-16, according to the World Bank.