Nuclear collaboration with Canada has proved mutually beneficial for the two countries and is bound to grow further in the years to come, according to the Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh. Singh was speaking […]
Goyal Achieves A Major Milestone : Distributes 10 Crore Led Bulbs Across India With Annual Savings of Rs 5000 cr to Consumers On Electricity Bills
In a move that will see an annual reduction in consumers electricity bills by Rs 5,195 crore, India’s Power, coal and RE Minister Piyush Goyal achieved a major milestone on April 26 as he achieved distribution of over 10 crore LED bulbs across the country. The distribution of LED bulbs is being done under the […]
A major contributor to this subsidy reduction is the government’s “Give It Up” scheme. As on date more than 1 crore LPG customers have given up LPG subsidy under the ‘GiveItUp’ campaign. The approximate annual subsidy saving is likely to be in the range of Rs. 1668 crore (approx.) assuming an average subsidy of Rs. 139 per cylinder. The ‘GiveItUp’ campaign is a continuous process and wide publicity is given for voluntarily surrender of subsidy.
Team EnergyInfraPost India’s Union Minister of State (IC) for Power, Coal & New and Renewable Energy, Piyush Goyal and Ségolène Royal, French Minister of Environment, Energy and the Sea, in charge of International Relations on Climate and President of COP21 co-chaired a Ministerial Side Event on International Solar Alliance (ISA) at Headquarters of the United Nations […]
Team EnergyInfraPost With falling crude oil prices boosting the company’s refining and petrochemical margins, India’s largest private sector energy company–Reliance Industries Ltd on April 22nd, 2016 reported its highest quarterly net profit in eight years at Rs 7,398 crores representing a 16% jump in earnings for the three-month period ended March 31. RIL is the operator […]
Stating that India is willing to take gas for its gas based power projects and sign long term contracts of 10-15 years, Piyush Goyal has sought a fixed price of $5 per mmbtu as the power sector is a price sensitive sector in the country.
110 villages have been electrified across the country during last week (from 11th to 17th April 2016) under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY). Out of these electrified villages, 24 villages belong to Arunachal Pradesh , 24 in Assam, 21 in Jharkhand, 18 in Rajasthan, 6 in Bihar, 4 in Chhattisgarh, 4 in Odisha […]
Affordability, Access & Inclusiveness Driving India’s Energy Policies: India’s Union Minister of State (IC) for Power, Coal and New and Renewable Energy, Piyush Goyal told a gathering of UK investors in London on April 19.
Indian public sector giants are likely to examine rupee denominated debt instruments like Masala Bonds to create and develop a new market and identify benchmark prices for these new instruments. The issuances which would be offered by blue chip government companies are expected to help evolve new vistas of funding for the renewable energy space.
Over 1 Crore Led Bulbs Distributed in Uttar Pradesh Under “Ujala” Programme , Consumers to Get Bulbs at Rs 80 ; Power Minister Piyush Goyal Announces Achievement.