Giving a big boost to energy conservation, the Finance Ministry has issued guidelines for mandatory installation of energy efficient appliances in all central government buildings in the country.
A severe crackdown on electricity theft following the implementation of the centre’s flagship scheme Ujjwal Discom Assurance Yojana (UDAY)
The gap between average cost of power supply and average revenue of state power distribution companies has narrowed showing positive impact of the Centre’s Ujwal Discom Assurance Yojana(Uday), a power ministry statement said.
Indian power companies are seeking billions of dollars of federal funding to retrofit coal-fired plants to cut emissions, saying hefty tariff increases would otherwise be needed to pay for the technology, according to internal documents.
Prime Minister Narendra Modi led National Democratic Alliance (NDA) government’s initiative to ‘Make India Energy Efficient’ is in full swing and yielding good results.
India wanted to cap toxic emissions from power plants by December. It’s now discovering that target is at least 6 years from its reach.
A recent Morgan Stanley report has downgraded the Indian utilities industry. It highlighted that renewable energy is becoming so cheap that thermal power, mostly coal, is uncompetitive.
In both, I have no role to play on the face of it. There’s no licensing, no power ministry approvals. At the same time, as an Indian, I do recognise these are assets where banks have lent money, investments have been made.
The government today said that there is adequate power available in the country to meet the demand of consumers. “Adequate power is available in the country to meet the demand of power of the consumers who are having access to electricity,” the power ministry said in a statement.
New Delhi, Jun 30 () States have issued bonds worth Rs 2.32 lakh crore under the UDAY scheme meant for revival of discoms.