CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does DEEP stand for with respect to power procurement
A
Discovery of Efficient Electricity Price
B
Discovery of Effective Electricity Price
C
Discovery of Electric Efficient Prices
D
None of the above
Explanation: 

Detailed explanation-1: -DEEP (Discovery of Efficient Electricity Price) is a e-Bidding and e-Reverse auction portal for procurement of short term power by DISCOMs.

Detailed explanation-2: -Power procurement by discoms can be classified as long, medium or short term based on the duration for purchase of power. Further, they can be classified as PPAs (bilateral or competitive bidding) and procurement from traders or power exchanges (short term, day ahead or contingency).

There is 1 question to complete.