Many industry observers feel the time is right for the government to exit and look at reducing its investments in power distribution and allow commercial capital to flow into the sector.
Tag: Piyush Goyal
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State Discom Problems to be Resolved Soon: Goyal
Resolution of the problems of financially stressed state electricity distribution utilities is ĆĀØon the cards
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Swapping coal linkages
The government has said it will notify the guidelines for swapping of coal linkages. ĆĀ“The correction of the grade of coal and the permission to swap coal or exchange coal within plants, within the same company or between the companies based on the guidelines, which we will be shortly notified, will help the nation save at least Rs 20,000 crore in power bills,ĆĀ“ Coal and Power Minister Piyush Goyal Said.
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Govt looking at Rs.3.3 lakh cr investments in transmission
The government is looking at an investment of around $50 billion (around Rs 3.3 lakh crore) in the transmission segment in the next five years. Piyush Goyal, Union Power Minister, said, ĆĀ“In the next six months, at least 12-13 transmission lines are being bid out worth $16 billion. Hopefully, in the next five years, we are looking at an investment of nearly $50 billion.
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Coal production up in 2014-15: Goyal
Coal production increased from 556.4 MnT in 2012-13 to 610.8 MnT during 2014-15, Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy, said.
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Sunshine in the Solar Sector
Paradoxically though, in a country with the fourth largest coal reserves, per capita electricity consumption is abysmally low and a significant number of Indians either have little or no access to electricity, while others face challenges in accessing uninterrupted and reliable electricity supply.
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Govt may cut power price to boost rural supply: Goyal
The Centre plans to supply affordable electricity to rural households by creating huge demand for setting up solar and thermal power capacities, and cutting aggregate transmission and commercial (AT&C) losses.
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7 more coal blocks operational: Piyush GoyaL
Seven out of 67 coal mines auctioned and allotted recently have begun operations while the remaining blocks
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No proposal to generate power from tidal waves: Government
Government is not working on any proposal to generate power using tidal waves, Piyush Goyal, Minister of Power, Coal and New & Renewable said.
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55 solar cities across 27 states: Piyush Goyal
As many as 55 cities in 27 states and union territories are currently being developed as solar or green cities under the ĆĀ“Development of Solar Cities programme