UJALA scheme for LED bulbs distribution to be rolled out shortly in West Bengal and NE states

UJALA scheme for LED bulbs distribution to be rolled out shortly in West Bengal and NE states

The scheme is presently operational in 18 states and 4 Union Territories and will be rolled out soon in West Bengal and North Eastern states in the coming days. In the remaining states and Union Territories, the decision to roll out the scheme is pending with the respective state governments.

First Auction with One Year Contract on Coal without Specified End User Coming Soon: Piyush Goyal

Cutting down on India’s coal imports thereby savings billions of dollars of forex outgo every year, state-owned Coal India has sufficiently ramped up coal production and is currently sitting in a surplus state. Most thermal power plants in India have atleast a 20-25 days of coal surplus from a situation of coal shortages or critical coal stocks at power plants.

First Auction with One Year Contract on Coal without Specified End User Coming Soon: Piyush Goyal

The government will soon do the first auction of a one year contract on coal which will not be linked to any end use requirement. This according to union minister for power, coal, RE and mines, Piyush Goyal will be the government’s first step towards commercial availability of coal.

Goyal Ask States to Encourage Industry and Enterprises For New Investments on Back of Assured Power Supplies

Goyal said electricity can be offered to the industry on a long term basis for 10-15 years and at a fixed cost, even if it comes at a slight escalation. This, he said, will encourage industry to consider new investment opportunities in states, leading to new job creation opportunities.

Goyal Ask States to Encourage Industry and Enterprises For New Investments on Back of Assured Power Supplies

In order to create job opportunities in every state, power, coal, RE and mines minister of state (Independent Charge), Piyush Goyal has proposed to states to encourage industry and enterprises and consider new investment and growth opportunities by offering them quality supply of power at an affordable price.

Madhya Pradesh and Puducherry Join “UDAY”, overall benefit seen at Rs 18k cr

The ultimate benefit of signing the MOU would go to the people. Reduced levels of transmission and AT&C losses would mean lesser cost per unit of electricity to consumers.

Madhya Pradesh and Puducherry Join “UDAY”, overall benefit seen at Rs 18k cr

Coming a step closer towards improving the power situation in the state, the government of Madhya Pradesh and the UT of Puducherry on August 10, 2016 inked the much-awaited financial and operational turnaround agreement for its state power distribution companies.