A Memorandum of Understanding (MOU) under UDAY was signed on October 7th between the power ministry (Government of India), the State of Maharashtra and the DISCOM of Maharashtra (MSEDCL).
Maharashtra has become the 17th State to join the UDAY – “Ujwal DISCOM Assurance Yojana”, the Centre’s financial and operational turnaround scheme for state power distribution companies (DISCOMs). The move will see the state reap benefits of Rs 9,725 crores by way of cheaper funds, reduction in AT&C losses and enable it to eliminate the gap between cost of supply of power and realisation.
States Are Crticising Because Centre’s Transparent Platform — GARV puts pressure on them to deliver timely and quality power to consumers, adds Dr Verma.
Imagine if the GARV app was not there. In its absence and had we not put the information in the public domain, this criticism would not have probably even surfaced. So firstly it requires courage to go to the people. Transparency is the key to effective administration. All of us whether the Centre or states, are answerable and accountable to the people of this country, said Dr A K Verma
Supported by the Ministry of Power, Ministry of Coal, Ministry of New and Renewable Energy and Punjab State Electricity Regulatory Commission, RPR 2016 is a flagship event of the Independent Power Producers Association of India (IPPAI) that aims to trigger out-of-the-box thinking by interspersing the intellectual and the esoteric with the day-to-day issues of the power sector to provoke thoughts and bring out creativity in the minds of policymakers and regulators.
The theme for this year is “India – Meeting the Aspirations?” The event looks at the aspirations of young Indians keeping in mind the ways of improving their living standards by bench marking it to the western narrative of development. The “haves and have nots debate” now has infected the entire population, thanks to the ever-increasing awareness amongst young India courtesy the information revolution. The retreat will go to the roots and examine the relevance, efficacy and practicability of the western developmental model in the Indian context.
Pradhan's presence at the road shows indicates the seriousness of the NDA government to interact at the highest level with investors community for its Discovered Small oil and gas Fields. Both London and Singapore are the key financial centres for global oil and gas community, to publicize and attract investments.
In a bid to showcase 67 of India’s discovered oil and gas fields before the global investors community at Singapore and London, Union Minister of State (I/C) for Petroleum and Natural Gas, Dharmendra Pradhan will be part of the roadshows to be held in these two countries from 9-14 September, 2016. Under this bid round, 67 Discovered Small Fields (DSF) are being offered for international bidding. These fields are spread over 9 sedimentary basins and will be offered in 46 contract areas. These fields are projected to yield 625 million barrels of oil and oil equivalent gas and spread over 1,500 sq kms in onland, shallow water and deep water