2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Arjun Munda
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Pralhad Joshi
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Piyush Goyal
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RK Singh
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Detailed explanation-1: -Shri R. K. Singh, the Minister of State (IC) Power and New & Renewable Energy & Minister of State (Skill Development and Entrepreneurship), launched pan-India Real Time Market in electricity through video conference in New Delhi, on 03rd June, 2020.
Detailed explanation-2: -RTM is an organized market platform to enable the buyers and sellers pan-India to meet their energy requirements closer to real-time operation. Hence 1 statement is correct. RTM would be for every 30 minutes in a day based on a double-sided closed auction with a uniform price.
Detailed explanation-3: -The Real-Time-Market (RTM) is a new market segment with trading commencing on 1st of June’20. The market features a new auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction.