Power Sector Transformation refers to the significant changes and reforms in the electricity sector aimed at improving its efficiency, sustainability, and reliability. It encompasses a range of strategies and technologies that facilitate the modernization of power generation, transmission, and distribution systems. This transformation is often driven by the need to integrate renewable energy sources, enhance energy efficiency, promote energy independence, and reduce greenhouse gas emissions. Key components include the adoption of smart grid technologies, decentralization of energy production through distributed generation, the incorporation of energy storage solutions, and the implementation of policies that support innovation and competition within the power market. The goal of power sector transformation is to create a more resilient and flexible energy system that meets the demands of a changing economy and mitigates the impacts of climate change.
**Oriana Power Ltd Partners with Rajasthan for Major Renewable Initiative** In a groundbreaking move for sustainable energy, Oriana Power Ltd has entered into a Memorandum of Understanding (MoU) with the…