Current Context: Union Minister for Power and New and Renewable energy (Independent Charge) R K Singh has launched Green Term Ahead Market (GTAM) for electricity.
- The GTAM is launched to increase participation of people in renewable energy sector.
- GTAM is the world’s first product market for renewable energy(RE) sector.
- GTAM is launched to reduce the financial and technical burden on renewable energy based states and to provide them incentive platform so that they can work in RE sector.
- It will help in achieving India’s target of 175 GW of renewable energy capacity by the year 2022.
