Under which policy has the Union Ministry of Power launched a scheme for procurement of aggregate power of 4500 MW for five years?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Shakti Policy.
- The scheme for the procurement of aggregate power of 4500 MW for five years, launched by the Union Ministry of Power, is associated with the "Pilot Scheme-II" under the Ministry's umbrella initiative called the "Scheme for Procurement of Aggregate Power of 2500 MW Followed by a Reverse Auction Process."
- This initiative aims to promote flexibility in the scheduling of thermal power stations, leading to better grid management and resource optimization.