1st to 10th January 2024 - RATLE HYDROELECTRIC PROJECT TO PROVIDE POWER TO RAJASTHAN URJA VIKAS AND IT SERVICES Flashcards
What is the name of the hydroelectric project that will provide power to Rajasthan?
Ratle Hydroelectric Project
What does RHPCL stand for?
Ratle Hydro Electric Power Corporation Limited
Where is the Ratle Hydroelectric Project located?
Kishtwar, Jammu & Kashmir (J&K)
What is the purpose of a Power Purchase Agreement (PPA)?
A PPA is a contract that outlines the terms for buying and selling electricity between a generator and a customer.
How long will the PPA for the Ratle project be in effect?
40 years
What two companies are involved in the joint venture that created RHPCL?
NHPC Limited and Jammu & Kashmir State Power Development Corporation (JKSPDC)
What type of energy source will the Ratle Hydroelectric Project utilize?
Hydropower (water power)
Why is the Ratle project considered an important part of providing sustainable energy?
Hydropower is a renewable energy source, meaning it produces electricity with minimal pollution and environmental impact.
Who is the customer that will be buying the electricity generated by the Ratle project?
Rajasthan Urja Vikas and IT Services Limited
Besides the length of the agreement, what other important things might be outlined in a PPA?
Price of electricity, delivery schedules, penalties for not meeting terms, etc.
What are some potential benefits of large-scale hydroelectric projects like the Ratle project?
Reliable baseload power, renewable energy source, potential for flood control, water storage for irrigation, and recreational opportunities.
What are some of the potential drawbacks or concerns about large-scale hydroelectric projects?
Environmental impacts on river ecosystems, displacement of communities during dam construction, high initial construction costs.
How might the PPA for the Ratle project be structured to ensure it’s fair and beneficial to all parties involved?
Clear pricing mechanisms, incentives for reliable power generation, penalties for disruptions, potential for price adjustments over time, dispute resolution mechanisms.
What government policies might encourage more PPAs focused on renewable and sustainable energy development?
Tax incentives for renewable energy projects, mandates requiring utilities to source a certain percentage of power from renewables, streamlined permitting processes.
