June 17, 2009
Indian power ministry has visited Norway, to study their power exchange and power marketing system, integrated grid operation, and energy efficiency initiatives, with plan to set up power stock exchange in northeastern states which has the potential to generate 59,000 MW or about 40 percent of the country’s total hydropower potential. But only less than 2 percent (1,095 MW) has so far been harnessed.
Norway has agreed to share its power technology and supervision methods with India’s electricity-starved northeastern states, Tripura. The Norwegian government has also agreed to provide technology to minimise transmission and distribution loss, electricity theft and improve power supply.