One Sun One World One Grid project | UPSC
One Sun One World One Grid project put on hold
WHY IN NEWS:
The deadline for the pre-bid meeting was extended to June 22 from June 5.
SYLLABUS COVERED: GS 3: Energy
For PRELIMS let us go through funding pattern , aim and significance of this initiative .
For MAINS do you think this project is counter measure to tackle OBOR ?
ONE SUN ONE WORLD ONE GRID PROJECT
- It is counter project to tackle China’s One Belt One Road initiative that happens to challenge India’s sovereignty.
- TRANSMISSION LINES : The project envisions to create a vast network of transmission lines that will carry power from sources country to destination. In this way, excess power generated can be effectively used. This will be beneficial to countries that do not receive adequate sunlight but aims at switching to renewable energy.
- EXPANDING SOLAR ALLIANCE : The International Solar Alliance mainly contains countries that have minimum sunlight hours but OSOWOG aims at a broader alliance that have both producers as well as consumers.
- The World Bank was providing technical assistance for the project.
- “It has been decided by the competent authority to put on hold the Request for Proposal.
- The new dates of issuing corrigendum and bid submission date will be informed later ;said a July 27, 2020 order.
- LEADERSHIP : The global leadership is undergoing a vaccum as seen by emergence of Trump in US. The steps taken by US are regressive, especially towards climate change.
- SUSTAINABILE GOALS : This provides the perfect opportunity for India to take initiative and lead the global efforts towards sustainability and renewable energy.
- COST EFFECTIVE : The project is cost effective in sense of reduced need for power infrastructure.
- ECONOMIC BOOST : With the commencement of the project, the slowdown in the domestic economy can be boosted due to demand generated by this project and participation of private players.
- BENEFICIARIES : Industries such as cement, iron and steel, solar panels etc will be benefitted.
- FOSSIL FUELS : Petroleum products are major contributor to India’s energy security.
- The MNRE invited proposals in May 2020 from qualifying consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing OSOWOG.
- The submission of proposals was given a leeway of 16 days as well by shifting the earlier July 6 deadline to July 22.
- Some consultancy firms had shown interest in developing a long-term vision, implementation plan, roadmap, and institutional framework for implementing OSOWOG.