ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

Telangana Proposes Open Access for Power Consumers
POWER & RENEWABLE ENERGY

Telangana Proposes Open Access for Power Consumers

Telangana state authorities have proposed the implementation of open access for power consumers, signalling a significant shift in the energy landscape. The move aims to introduce greater competition in the electricity market, providing consumers with the freedom to choose their power suppliers. This initiative aligns with the broader goal of promoting efficiency, transparency, and innovation in the energy sector.

The proposal by Telangana authorities comes amidst growing demand from industrial and commercial consumers for more flexibility and cost-effective options in procuring electricity. Open access allows consumers to directly purchase electricity from generators or suppliers of their choice, bypassing traditional distribution networks. This enables consumers to negotiate better prices and terms, ultimately driving down costs and improving competitiveness.

By embracing open access, Telangana aims to empower consumers, stimulate investment in the energy sector, and encourage the adoption of cleaner and more sustainable energy sources. The move is expected to attract private investments in power generation and infrastructure, leading to enhanced reliability and availability of electricity supply.

Furthermore, open access facilitates the integration of renewable energy sources into the grid by providing greater market access for renewable energy developers. This can accelerate the transition towards a greener and more environmentally sustainable energy system, in line with global commitments to combat climate change.

Overall, Telangana's proposal for open access represents a bold step towards modernising the state's electricity market and fostering a more competitive and resilient energy ecosystem. By embracing innovation and embracing consumer choice, Telangana aims to unlock new opportunities for economic growth and development while ensuring a reliable and sustainable energy future.

Telangana state authorities have proposed the implementation of open access for power consumers, signalling a significant shift in the energy landscape. The move aims to introduce greater competition in the electricity market, providing consumers with the freedom to choose their power suppliers. This initiative aligns with the broader goal of promoting efficiency, transparency, and innovation in the energy sector. The proposal by Telangana authorities comes amidst growing demand from industrial and commercial consumers for more flexibility and cost-effective options in procuring electricity. Open access allows consumers to directly purchase electricity from generators or suppliers of their choice, bypassing traditional distribution networks. This enables consumers to negotiate better prices and terms, ultimately driving down costs and improving competitiveness. By embracing open access, Telangana aims to empower consumers, stimulate investment in the energy sector, and encourage the adoption of cleaner and more sustainable energy sources. The move is expected to attract private investments in power generation and infrastructure, leading to enhanced reliability and availability of electricity supply. Furthermore, open access facilitates the integration of renewable energy sources into the grid by providing greater market access for renewable energy developers. This can accelerate the transition towards a greener and more environmentally sustainable energy system, in line with global commitments to combat climate change. Overall, Telangana's proposal for open access represents a bold step towards modernising the state's electricity market and fostering a more competitive and resilient energy ecosystem. By embracing innovation and embracing consumer choice, Telangana aims to unlock new opportunities for economic growth and development while ensuring a reliable and sustainable energy future.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement