India’s power sector that was marred by continuous shortages and lack of quality and steady supplies to homes and factories has seen an unprecedented turnaround in the past three years.
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.
Progress On Renewable Energy, LED Bulbs and Rural Housing Gets A Pat From PM Modi At The Review Of Key Infrastructure Sectors
The Prime Minister called for establishment of some model solar cities, where the power requirement is fulfilled solely by solar energy. A similar effort, he said can be made to make certain localities kerosene-free.
Prime Minister, Narendra Modi on Monday reviewed progress of key infrastructure sectors including petroleum and natural gas, power, renewable energy and housing. The review meeting, which came soon after the review of connectivity-related infrastructure sectors in the last week of April, lasted for about three hours, and was attended by top officials from PMO, NITI Aayog and all infrastructure Ministries of the Government of India.
Piyush Goyal will formally announce state run EESL’s investment of 100 million pounds in the UK over the next 3 years.
Union Minister of State (IC) for Power, Coal and New & Renewable Energy and Mines, Piyush Goyal will be visiting Austria and United Kingdom from 10th to 13th May 2017 for an Energy Dialogue with both the countries.
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.
One of the most successful, productive and outcome oriented State Power Ministers conference till date: Shri Piyush Goyal
Next State Power Ministers Conference to be held in Rajgir, Bihar
“It has been one of the most successful, productive and outcome oriented State Power Ministers conference till date”, said Shri Piyush Goyal
Minister Piyush Goyal assured that there is no proposal to increase tariffs for farmers.
The Government’s aim is to ensure power at Rupees 3 per unit irrespective of source in the medium term, said Piyush Goyal
Axis Bank, Barclays Bank, ICICI, MUFG, and Standard Chartered Bank were the bookrunners for the offering.
India’s largest power generating company, NTPC Ltd on Wednesday raised Rs 2000 crore through rupee denominated bonds or masala bonds. This forms part of NTPC’s $4 billion medium term note programme for funding its capital expenditure needs.
Tata Power, India’s largest integrated power company, announced that the Company’s generation crossed 51,000 Million Units (MUs) of power for the first time, collectively from all its power plants in the year 2016-2017.
Essar Power Limited has delivered a strong operational performance in FY 2016-17.While it generated 49% more power in the fiscal, the company also added 165 MW capacity to its portfolio by commissioning one unit each at its Paradip and Hazira plants.