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Union Power Minister launches Green Term Ahead Market (GTAM) in electricity through video conferencing
Posted By educratsweb.com ❄ News 🗓 Wednesday September 2 2020 👁 128As a first step towards Greening the Indian short term power Market, Shri R. K. Singh, the Minister of State (IC) Power and New & Renewable Energy & Minister of State (Skill Development and Entrepreneurship), launched pan-India Green Term Ahead Market (GTAM) in electricity through video conference in New Delhi, today, the 1st September 2020.
While speaking after the launch Shri Singh said, “The introduction of GTAM platform would lessen the burden on RE-rich States and incentivize them to develop RE capacity beyond their own RPO. This would promote RE merchant capacity addition and help in achieving RE capacity addition targets of the country.” He further added that GTAM platform will lead to increase in number of participants in renewable energy sector. It will benefit buyers of RE through competitive prices and transparent and flexible procurement. It will also benefit RE sellers by providing access to pan- India market
The Government of India’s target of 175 GW RE Capacity by 2022 is driving accelerated renewable penetration pan-India. Green Term Ahead Market contracts will allow additional avenues to the RE generators for sale of renewable energy; enable Obligated entities to procure renewable power at competitive prices to meet their Renewable Purchase Obligations (RPO); and provide a platform to environmentally conscious open access consumers and utilities to buy green power.
Key features of GTAM:
1. Transactions through GTAM will be bilateral in nature with clear identification of corresponding buyers and sellers, there will not be any difficulty in accounting for RPO.
2. GTAM contracts will be segregated into Solar RPO & Non-Solar RPO as RPO targets are also segregated.
3. Further, within the two segments GTAM contracts will have Green Intraday, Day Ahead Contingency, Daily and Weekly Contracts
a. Green Intraday Contract & Day Ahead Contingency Contract – Bidding will take place on a 15-minute time-block wise MW basis.
b. Daily & Weekly Contracts – Bidding will take place on MWh basis. Both buyers and sellers can submit the bid, however the seller will provide profile in terms of 15-minute time block wise quantity (MW) along with the price (Rs/MWh). After the contract gets executed scheduling will take place as per the profile. In case of multiple buyers, the profile will get allocated on a pro-rata basis.
4. Price discovery will take place on a continuous basis i.e. price time priority basis. Subsequently, looking at the market conditions open auction can be introduced for daily & weekly contracts.
5. Energy scheduled through GTAM contract shall be considered as deemed RPO compliance of the buyer.
Union Power Minister also mentioned that other products to be introduced in power market for promotion of Renewable Energy are in the pipeline and would be introduced soon.
https://pib.gov.in/PressReleseDetail.aspx?PRID=1650388
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GOVT. OF INDIA, MINISTRY OF DEFENCE DEFENCE R&D ORGANIZATION (DRDO) DRDO Scholarship Scheme for Girls in Aerospace Engg / Aeronautical Engg / Space Engg & Rocketry / Avionics / Aircraft Engg Registrations will start from 19th July 2020 15th Aug 2020 onwards ...
GOVT. OF INDIA, MINISTRY OF DEFENCE DEFENCE R&D ORGANIZATION (DRDO) DRDO Scholarship Scheme for Girls in Aerospace Engg / Aeronautical Engg / Space Engg & Rocketry / Avionics / Aircraft Engg Registrations will start from 19th July 2020 15th Aug 2020 onwards ...
35 Recruitment of Faculty vacancy in Cotton University 2020 #Faculty & Teaching 20 Days Remaining for Apply
Recruitment of Faculty vacancy in Cotton University 2020 Application in the prescribed format is invited for the following Faculty Sarkari Naukri vacancy positions at the levels of Professor, Associate Professor, and Assistant Professors for Direct Recruitment on Regular Basis in under Cotton University, Guwahati (Assam) in various subjects/disciplines (Advertisement No. Recruitment/CU/2020/06). ...
Recruitment of Faculty vacancy in Cotton University 2020 Application in the prescribed format is invited for the following Faculty Sarkari Naukri vacancy positions at the levels of Professor, Associate Professor, and Assistant Professors for Direct Recruitment on Regular Basis in under Cotton University, Guwahati (Assam) in various subjects/disciplines (Advertisement No. Recruitment/CU/2020/06). ...
36 Recruitment of Teaching Faculty in CBPBU Cooch Behar 2020 #West Bengal 12 Days Remaining for Apply
Recruitment of Teaching Faculty in CBPBU Cooch Behar 2020 Online applications are invited for the following Faculty Sarkari Naukri vacancy positions at the levels of Professor, Associate Professor, and Assistant Professors for Direct Recruitment on Regular Basis in Cooch Behar Panchanan Barma University (CBPBU), Cooch Behar, (West Bengal) in the various subjects/disciplines (Advertisement No. F106.V1/REG/REC/0072-20). ...
Recruitment of Teaching Faculty in CBPBU Cooch Behar 2020 Online applications are invited for the following Faculty Sarkari Naukri vacancy positions at the levels of Professor, Associate Professor, and Assistant Professors for Direct Recruitment on Regular Basis in Cooch Behar Panchanan Barma University (CBPBU), Cooch Behar, (West Bengal) in the various subjects/disciplines (Advertisement No. F106.V1/REG/REC/0072-20). ...
37 Recruitment of Assistant Teacher Lecturer Vacancy by Uttarakhand SSSC 2020 #Uttarakhand 37 Days Remaining for Apply
Recruitment of Assistant Teacher Lecturer Vacancy by Uttarakhand SSSC 2020 The Uttarakhand Subordinate Service Selection Commission (UK SSSC) invites online application submission for the recruitment of 1431 Sarkari Naukri vacancy posts of Assistant Teacher (Lecturer) Group-C for secondary Education Department of Government of ...
Recruitment of Assistant Teacher Lecturer Vacancy by Uttarakhand SSSC 2020 The Uttarakhand Subordinate Service Selection Commission (UK SSSC) invites online application submission for the recruitment of 1431 Sarkari Naukri vacancy posts of Assistant Teacher (Lecturer) Group-C for secondary Education Department of Government of ...
38 Store Keeper and Phlebotomist Vacancy Recruitment in PGIMER Chandigarh 2019 #Chandigarh 13 Days Remaining for Apply
Store Keeper and Phlebotomist Vacancy Recruitment in PGIMER Chandigarh 2019 Postgraduate Institute of Medical Education & Research (PGIMER), Chandigarh invites online applications from the citizens of India for recruitment of the following 13 Sarkari Naukri Vacancy posts of Store Keeper and Phlebotomist on regular basis in PGIMER Chandigarh. (Advertisement No. PGI/RC/018/2020/3444) ...
Store Keeper and Phlebotomist Vacancy Recruitment in PGIMER Chandigarh 2019 Postgraduate Institute of Medical Education & Research (PGIMER), Chandigarh invites online applications from the citizens of India for recruitment of the following 13 Sarkari Naukri Vacancy posts of Store Keeper and Phlebotomist on regular basis in PGIMER Chandigarh. (Advertisement No. PGI/RC/018/2020/3444) ...
39 56th Men and 27th Women SSC Officer Technical Recruitment in Indian Army April-2021 entry #Defense & Police 15 Days Remaining for Apply
56th Men and 27th Women SSC Officer Technical Recruitment in Indian Army April-2021 entry Online applications are invited from eligible unmarried Male/Female Engineering Graduates and also from Widows of Defence Personnel who died in harness for grant of 56th entry for Men and 27th entry for Women for Technical Short Service Commission (SSC) entry in the Indian Army. ...
56th Men and 27th Women SSC Officer Technical Recruitment in Indian Army April-2021 entry Online applications are invited from eligible unmarried Male/Female Engineering Graduates and also from Widows of Defence Personnel who died in harness for grant of 56th entry for Men and 27th entry for Women for Technical Short Service Commission (SSC) entry in the Indian Army. ...
40 India Post GDS Recruitment 2020 for Himachal Pradesh #Himachal Pradesh 9 Days Remaining for Apply
India Post GDS Recruitment 2020 for Himachal Pradesh Online applications in the prescribed format are invited by Odisha and Tamil Nadu Circles of Indian Postal Department from eligible candidates for the recruitment selection and engagement to the Government Job vacancy posts of Gramin Dak Sevak (GDS) under Cycle-III/2020-2021 in the posts offices of the respective circles in the state in Himachal Pradesh. (Advertisement Numbers - R&E/77-55/2020) G ...
India Post GDS Recruitment 2020 for Himachal Pradesh Online applications in the prescribed format are invited by Odisha and Tamil Nadu Circles of Indian Postal Department from eligible candidates for the recruitment selection and engagement to the Government Job vacancy posts of Gramin Dak Sevak (GDS) under Cycle-III/2020-2021 in the posts offices of the respective circles in the state in Himachal Pradesh. (Advertisement Numbers - R&E/77-55/2020) G ...
41 Swami Vivekanand National Institute of Rehabilitation Training and Research (SV NIRTAR) #Odisha 9 Days Remaining for Apply
Swami Vivekanand National Institute of Rehabilitation Training and Research (SV NIRTAR) Ministry of Social justice and Empowerment, Government of India Olatpur, Post--Bairoi, Dist- Cuttack, Odisha - 754010 Swami Vivekanand National Institute of Rehabilitation Training and Research ( SVNIRTAR) is looking f ...
Swami Vivekanand National Institute of Rehabilitation Training and Research (SV NIRTAR) Ministry of Social justice and Empowerment, Government of India Olatpur, Post--Bairoi, Dist- Cuttack, Odisha - 754010 Swami Vivekanand National Institute of Rehabilitation Training and Research ( SVNIRTAR) is looking f ...
42 Faculty and Non-Teaching Vacancy Recruitment in NRTI Vadodara 2020 #Gujarat 13 Days Remaining for Apply
Faculty and Non-Teaching Vacancy Recruitment in NRTI Vadodara 2020 The National Rail and Transportation Institute (NRTI) Vadodara (Gujarat) invites online applications in the prescribed format from committed academics and practitioners with quality teaching experience, publications, and research expertise for the Faculty Sarkari Naukri Vacancy at the level of Professor/ Associate Professor/ Assistant Professor in various areas/ disciplines and some other Non-Teaching ...
Faculty and Non-Teaching Vacancy Recruitment in NRTI Vadodara 2020 The National Rail and Transportation Institute (NRTI) Vadodara (Gujarat) invites online applications in the prescribed format from committed academics and practitioners with quality teaching experience, publications, and research expertise for the Faculty Sarkari Naukri Vacancy at the level of Professor/ Associate Professor/ Assistant Professor in various areas/ disciplines and some other Non-Teaching ...
43 Educational talent search program, ALLEN academics young talent search program for students | TALLENTEX 2021 #Scholorship 13 Days Remaining for Apply
Educational talent search program, ALLEN academics young talent search program for students | TALLENTEX 2021For student Studying in class 5th, 6th, 7th, 8th, 9th & 10th Stage-1 : Online | Stage-2 : Offline / CBT ...
Educational talent search program, ALLEN academics young talent search program for students | TALLENTEX 2021For student Studying in class 5th, 6th, 7th, 8th, 9th & 10th Stage-1 : Online | Stage-2 : Offline / CBT ...
44 Recruitment of Job vacancy in Maharashtra Natural Gas Limited (MNGL) 2020 #Maharashtra 3 Days Remaining for Apply
Recruitment of Job vacancy in MNGL 2020 Maharashtra Natural Gas Limited (MNGL) invites application in the prescribed format for following Government Job Vacancy positions of Manager and Officer in various disciplines 2020. Maharashtra Natural Gas Limited, a joint venture Company of two Navratna PSUs viz ...
Recruitment of Job vacancy in MNGL 2020 Maharashtra Natural Gas Limited (MNGL) invites application in the prescribed format for following Government Job Vacancy positions of Manager and Officer in various disciplines 2020. Maharashtra Natural Gas Limited, a joint venture Company of two Navratna PSUs viz ...
45 IBPS 10th CRP for Clerk Vacancy Recruitment in PSU Banks 2021-22 #Bank 9 Days Remaining for Apply
IBPS 10th CRP for Clerk Vacancy Recruitment in PSU Banks 2021-22 It has been decided by IBPS to reopen the registration window and invite applications for 10th (Xth) online examination (Preliminary and Main) for Clerical cadre Posts in the Participating Organisations in continuation to the detailed advertisement dated 01/09/2020. ...
IBPS 10th CRP for Clerk Vacancy Recruitment in PSU Banks 2021-22 It has been decided by IBPS to reopen the registration window and invite applications for 10th (Xth) online examination (Preliminary and Main) for Clerical cadre Posts in the Participating Organisations in continuation to the detailed advertisement dated 01/09/2020. ...
46 Recruitment of Consultants and Experienced Engineers in REC Transmission Projects Company Limited (RECTPCL) 2020 #Jobs 10 Days Remaining for Apply
Recruitment of Consultants and Experienced Engineers in REC Transmission Projects Company Limited (RECTPCL) 2020 REC Transmission Projects Company Limited (RECTPCL), a Navratna Public Sector Undertaking (PSU)company of Govt. of India invites online application in the prescribed format for engagement of Consultants and Experienced Engineers on a contract basis for a fixed tenure to be posted at various places throughout India (Advertisement no. ...
Recruitment of Consultants and Experienced Engineers in REC Transmission Projects Company Limited (RECTPCL) 2020 REC Transmission Projects Company Limited (RECTPCL), a Navratna Public Sector Undertaking (PSU)company of Govt. of India invites online application in the prescribed format for engagement of Consultants and Experienced Engineers on a contract basis for a fixed tenure to be posted at various places throughout India (Advertisement no. ...
47 Indian Army Short Service Commission (SSC) Remount Veterinary Corps 2020 #Medical & Pharma 43 Days Remaining for Apply
Indian Army Short Service Commission (SSC) Remount Veterinary Corps 2020 Application on the prescribed format is invited from qualified male veterinary graduates for Short Service Commission (SSC) in Remount Veterinary Corps of Indian Army for the year 2020. Army SSC Remount Veterinary Corps Rec ...
Indian Army Short Service Commission (SSC) Remount Veterinary Corps 2020 Application on the prescribed format is invited from qualified male veterinary graduates for Short Service Commission (SSC) in Remount Veterinary Corps of Indian Army for the year 2020. Army SSC Remount Veterinary Corps Rec ...
48 Recruitment for Assistants in Bihar State Milk Co-Operative Federation Ltd. (COMFED) 2020 #Bihar 10 Days Remaining for Apply
Recruitment for Assistants in COMFED 2020 Online application in the prescribed format is invited from eligible candidates, for the following Sarkari Naukri Vacancy positions of Accounts, Marketing, and Procurement Assistants for The Bihar State Milk Co-Operative Federation Ltd. (COMFED) and in its units and its affiliated mild union on a permanent basis. (Advertisement No. 2/2020) ...
Recruitment for Assistants in COMFED 2020 Online application in the prescribed format is invited from eligible candidates, for the following Sarkari Naukri Vacancy positions of Accounts, Marketing, and Procurement Assistants for The Bihar State Milk Co-Operative Federation Ltd. (COMFED) and in its units and its affiliated mild union on a permanent basis. (Advertisement No. 2/2020) ...
49 IBPS 9th IX CRP RRB Officer Office-Assistant Recruitment 2020 #Bank 12 Days Remaining for Apply
IBPS 9th IX CRP RRB Officer Office-Assistant Recruitment 2020 It has been decided by IBPS to reopen the registration window and invite applications for 9th (IXth) online examination (Preliminary and Main) for Group-A Officers and Multipurpose Office-Assistants (Clerical cadre) Posts in the Participating Organisations in continuation to the detailed advertisement dated 01/07/2020. ...
IBPS 9th IX CRP RRB Officer Office-Assistant Recruitment 2020 It has been decided by IBPS to reopen the registration window and invite applications for 9th (IXth) online examination (Preliminary and Main) for Group-A Officers and Multipurpose Office-Assistants (Clerical cadre) Posts in the Participating Organisations in continuation to the detailed advertisement dated 01/07/2020. ...
50 UPSC Government Jobs Vacancy Recruitment 13/2020 #UPSC 15 Days Remaining for Apply
UPSC Government Jobs Vacancy Recruitment 13/2020 Union Public Service Commission (UPSC), Dholpur House, New Delhi invites Online application on prescribed recruitment form by 12/11/2020 for following Sarkari Naukri Government Jobs vacancy posts especially System Analyst cum Computer Programmer and Foreman etc. in various Central Government Departments/Organisations in the prescribed online format (Advt. No. 13/2020). UPSC Government Jobs Vacancy Recruitment 13 ...
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