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.
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.
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.
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.
The energy-efficient LED bulb that use to cost Rs 350 in India is being sold today at Rs 50 and the reduction of Rs 300 is not coming from the government’s coffers as subsidy but through the government’s “pay as you save” scheme.
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.
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.
If Tamil Nadu signs the UDAY scheme, it will save over Rs 22,400 crore in the next 3 years and a further saving of Rs. 7000 cr per year after 2019.
600 Families to Benefit from 1,800 Led Bulbs Provided under Government of India’s Ujala Scheme
Even though Maharashtra did not have any major financial losses, the financial efficiencies under UDAY could benefit the state to the tune of Rs 1500 crore every year
To ensure smokeless kitchens, govt roles out Pradhan Mantri Ujjwala Yojan to provide LPG connections to poor families
To ensure smokeless kitchens, Pradhan Mantri Ujjwala Yojana (PMUY) plans to provide LPG connections to poor families.
The Ujwal Discom Assurance Yojana (UDAY) is unlikely to have a destabilising effect on fiscal consolidation at an aggregate