Amid soft demand for coal, state- owned CIL will hold long-term special forward auction for power producers with flexible lifting period of up to 3 years.
India is aspiring to produce approximately One lakh Megawatt of solar energy by 2022. Minister of State for Power, Coal, New and Renewable Energy Piyush Goyal
State to derive an Overall Net Benefit of approximately Rs. 11,000 crores through UDAY. The State would have savings of about Rs.950 cr. in annual interest cost through reduction of debt and through reduced interest rates on the balance debt.
In a significant move and following months of persuasion by the Centre, Tamil Nadu came on board the power ministry’s flagship scheme UDAY. By signing the MOU under UDAY, the State Government is taking over 75% of debt of Rs. 30,420 crores of TANGEDCO. The scheme also provides for the balance debt to be re-priced or issued as State guaranteed Discom bonds, at coupon rates around 3-4% less than the average existing interest rate.
India’s power demand to expand four fold in the next 15 years to become one of the largest energy markets globally : Piyush Goyal
India’s partnership with Japan in Energy Sector critical for a Sustainable Energy Future for both Nations
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal presided over a bilateral meeting with the Japanese delegation led by H.E. Mr. Hiroshige Seko, Minister for Economy
Union Minister of State for Power, Coal, New & Renewable Energy and Mines Piyush Goyal today met Odisha Chief Minister Naveen Patnaik in New Delhi to discuss the mining lease issue in the state among others.
UDAY Club grows to 20, Assam and Telangana sign MoUs. Overall Net Benefit of approximately Rs. 6116 crores to Telangana and Rs. 1663 crores to Assam States with over 90% of Total DISCOM Debts to be covered under UDAY after Tamil Nadu comes on board: Piyush Goyal
In line with the government’s “Digital India Initiative’, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal launched the Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App, in the capital on Wednesday. The portal and App would help track and monitor the progress of DISCOMs on […]
Piyush Goyal To Launch A New Mobile APP and Web Portal on UDAY, the government’s flagship scheme for turnaround of state DISCOMs
The App and the web portal, to be launched by Goyal on Wednesday (January 4, 2017), will provide all details on the scheme including the number of states joining the scheme as also the progress achieved by each state under various parameters listed under the scheme—-including AT&C losses, cost of electricity, bonds issued and others.
Minister of State (Independent Charge) for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal will launch the web portal and a Mobile App for one of India’s most talked about scheme
The state government has decided to allow Jindal Steel and Power Ltd (JSPL) power plant to use Jitpur coal block for its 1,600-MW power plant located at Godda.
India will invest Rs127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022.
Power and coal minister Piyush Goyal on Wednesday announced that the government has approved swapping of coal supplies