The Ujjwal Discom Assurance Yojana (UDAY) introduced by the Narendra Modi government to reduce interest burden on debt-laden power distribution companies (discoms) seems to be finally yielding results, bolstering hope that 24×7 power supply would become a reality.
NHPC Scheduled To Generate 4458.69 MUs Additional Power From Parbati-II And Kishanganga Projects: Piyush Goyal
Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said state-owned NHPC Ltd is scheduled to generate 4458.69 Million Units (MUs) additional power (based on design energy) from two of its present under construction hydro projects, viz.
As per DFS data, the total advances towards electricity generation sector reported by Scheduled Commercial Banks (SCBs) is about Rs. 4.71 lakh crore and most of them are standard assets.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Mr Piyush Goyal informed the Upper House of the Parliament (Rajya Sabha) that Government has reviewed the status of 34 stressed Thermal Power Projects, as per the list provided by Department of Financial Services (DFS), with an estimated debt of about
Rs. 1.77 lakh crore.
As many as 3,285 inaccessible villages have been electrified in various States across the country under Decentralized Distributed Generation Scheme, minister Piyush Goyal said.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, in a written reply to a question in Rajya Sabha on Monday informed that as per information provided by the States, 13,872 un-electrified census villages have been reported to be electrified up to 30th June, 2017, out of 18,452 un-electrified villages in the country as on 1st April, 2015.
Prime Minister Narendra Modi on Friday reviewed the progress of the India’s flagship scheme–Ujwal DISCOM Assurance Yojana (UDAY) for the operational and financial turnaround of state distribution companies and
various aspects of mineral block auction at a high level meeting today.
Union Minister Piyush Goyal, and senior officials from PMO, NITI Aayog and other Ministries were present during the meeting
So far, 26 States and 1 UT have joined Ujwal Discom Assurance Yojana (UDAY) for financial and operational turnaround of their DISCOMs. Out of Rs.3,75,430 crores debt of state owned power distribution utilities, as existing on 31-03-2015, UDAY States account for Rs.3,62,231 crores of debt.
PPAs signed for first Wind Auction totalling 1050 MW
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme on Friday.
Piyush Goyal Launches The Merit App And E-bidding Portal For Utilization Of Domestic Coal In IPP Power Stations For Reducing The Cost Of Power Generation
Optimum utilization of Coal through these app/ web portal would save the consumer close to Rs. 20,000 crores five years down the line: Shri Piyush Goyal
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal launched here today the ‘MERIT app (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)
As on 30.09.2015 total debt of all State owned DISCOMs was Rs. 3.95 lakh Cr. The 26 states and 1 UT which have joined the UDAY scheme account for total outstanding debt of Rs. 3.82 lakh Cr. Hence, ~97% of the total outstanding debt of all State DISCOMs has been covered under UDAY.
Minister Piyush Goyal launches POSOCO-IMD Weather Portal for Power Sector & Web Portal ‘MERIT’ (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines Piyush Goyal launched Weather Portal for Power Sector in association with POSOCO and IMD at the meeting of the Forum of Regulators on Friday.