India Shows The Way To The World In Fight Against Climate Change,
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal presided over the launch of World’s largest efficient lighting programme, UJALA – UK (UK Joins Affordable LEDs for All) by Energy Efficiency Services Ltd. (EESL) in London, United Kingdom today.
"Another milestone towards PM @narendramodi's vision of clean affordable power for all: Bhadla Solar Park achieves tariff of Rs. 2.62/unit", tweeted Piyush Goyal, Union minister of state for power, RE, coal and mines.
A record of sorts was created on Tuesday when solar power tariffs fell to Rs 2.63 a unit at the state-run Solar Energy Corporation of India (SECI) auction of Bhadla solar park in Rajasthan.
“We are very excited to partner with SUN Group and to leverage its local business knowledge and the Group’s overall operating experience spanning over 100 years” said Mr Hidetake Takahashi, Senior Managing Director of ORIX.
SUN Group (“SUN”), a leading principal investor in emerging markets announced on Tuesday a joint venture partnership for its distributed generation (“DG”) – focused solar business, SUN Renewables, with ORIX Corporation (“ORIX”), one of the largest Japanese financial services groups and the largest solar developer in Japan.
Speaking to EnergyInfraPost.com, MD, EESL, Saurabh Kumar confirmed the move and said the announcement will be made by the minister in London during his visit this week.
Union Minister of State For Power, Renewable Energy, Coal and Mines, Piyush Goyal will visit London this week and make a major announcement on the plans of state-run Energy Efficiency Services Ltd (EESL) to invest £100 million in UK over the next three years.
Minister of State (I/C) for Petroleum and Natural gas, Shri Dharmendra Pradhan addressed the media on the Pradhan Mantri Ujjwala Yojana (PMUY), a flagship scheme of the Ministry of Petroleum and Natural Gas here today.
Multiple tariff structures have become a reason of corruption in some centres. All States have agreed to consider changes in their power tariff structures.
The state’s agree in principal to the NTPC’s proposal on pooling cost of power generated from all sources and arriving at a average fixed cost that will lower the cost of power purchases thereby accruing lots of savings to distribution companies.
With the cheapest power from Bhakra Nangal and Beas projects all set to fall in the first quarter due to depleted level of water at reservoirs, the power utilities in Punjab and Haryana will have to spend extra buck to maintain adequate supply.
India’s mammoth state railways, much of them stuck in colonial times, have missed earnings targets for the third straight year and debts have shot up, documents seen by Reuters show, raising doubts about an ambitious modernisation drive.