Minister of Railways and Coal Piyush Goyal will receive the University of Pennsylvania’s top prize in energy policy for his leadership in reforming India’s power sector, spearheading efforts to fast-track electrification of thousands of remote villages and expanding renewable energy in the country.
The Kleinman Center for Energy Policy at the University of Pennsylvania School of Design will award its fourth annual Carnot Prize to Goyal, the former minister of power and renewable energy, on October 19. According to a press release from The Kleinman Center, Goyal is being recognised for directing a fast-track effort to electrify 18,000 villages in remote parts of India, “helping bridge the country’s vast energy divide.”
It said Goyal has also been instrumental in reforming India’s power markets and expanding renewable energy, in an effort to meet the country’s Paris Agreement targets. It lauded Goyal for successfully retiring outdated coal plants while launching an ambitious renewable energy expansion programme.
“Although India is the world’s fourth top CO2 emitter, the country is currently at 20 per cent renewables and is on solid footing to reach a 40 per cent renewable mix by 2030,” it said. Read More
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