Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) have been asked to work out a mechanism in which the small hydro power projects (presently lying stressed and stalled in the country) can be resolved and identify those which are viable for being re-started.
Union Minister Piyush Goyal said that “by and large a consensus has been made with the states that hydro power should be declared as renewable power and a seperate renewable purchase obligation (RPO) for hydro should be set up. A new proposal will be worked out for the Cabinet with required amendments to India’s long term renewable energy goals.
Large potential of growth for bio-fuels in the country to grow from present Rs. 6500 crore to Rs. 1 lakh crore in the next 10 years.
The Minister of State (Independent Charge) for Petroleum & Natural Gas Dharmendra Pradhan along with the Minister of State (Independent Charge) for Power, Coal, Mines and RE, Piyush Goyal jointly addressed a gathering in the capital at the National Conference on the World Bio-Fuel Day.
A capacity addition target of 4000 MW and 12000 MW has been proposed for generation of electricity by wind and solar respectively during 2016-17 and a total of 315 MW have been installed under Solar Roof top Scheme. Power generated from these projects is being used for both domestic and captive use.
With due focus on solar and wind projects, the percentage of Renewable Energy in India’s Total Power Generation has also seen a consistent increase from 4.97% in 2012-13 to about 5.7%, as on February, 2016, India’s Minister of State (IC) for Power, Coal & New and Renewable Energy Piyush Goyal told the Rajya Sabha on May […]
Aiming an annual reduction in electricity bills of Indian consumers by over Rs 42,000 crore, Union power, coal and renewable energy minister, Piyush Goyal intends to provide energy efficient lighting, covering the entire country by 2019 and distribute 77 crore LED bulbs under the Unnat Jyoti by Affordable LEDs for All (UJALA) scheme. As of […]
Government of India’s National LED programme – Unnat Jyoti by Affordable LEDs for All (UJALA) was launched today in Madhya Pradesh by Chief Minister of Madhya Pradesh Shivraj Singh Chouhan and Union Minister for State (IC) for Power, Coal and Renewable Energy Piyush Goyal, at a function held in Bhopal. The scheme is being implemented by […]
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 […]