Minister for New and Renewable Energy R K Singh today launched the new market segment, Green Day Ahead Market, GDAM. On the occasion, Mr Singh said, India is opening doors for Renewable Energy. He said, in the set of reforms including the launch of GDAM, any interested party can set up renewable energy capacity and sell it to Discoms or industries. The Minister said, advantages of free ISTS will be available and open access will be granted within 15 days. He said, large industries can go green. Mr Singh said, Government's efforts has been to make doing the business simpler and GDAM is a step in this direction.<br />”<br />”He said, Government wants to reduce the dependency on imported sources of fossil fuel. The Minister said, Government is working to putting in place the Green Hydrogen Mission under the guidance of the Prime Minister.<br />”<br />”Speaking on the event, Power Secretary Alok Kumar said that this is a day for celebration as a unique product has been launched for the energy market.<br />
News On AIR | October 25, 2021 8:53 PM | Green Day Ahead Market
Green Day Ahead Market