A parliamentary panel has recommended that a village should be declared electrified only after providing power connections to all households there.
While grid extension is the main driver of rural electrification in India today and almost all Indian villages are now electrified, the reality at the habitation and household level is very different.
The Corporation (REC) issued and got its first green bond listed at London’s International Securities Market recently.
A media interaction on the three years achievements and initiatives under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) was held, today, at the National Media Centre, New Delhi. Media from 12 different locations interacted with Union Minister Piyush Goyal.
Union Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal addressed the media on Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) here today.
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.
The focused reforms unleashed by the Narendra Modi government in the last three years have halved the rate at which power prices rose every year, and improved India’s position in the global ‘ease of getting electricity’ ranking.
Rural Electrification Corp. (REC), a state-owned backer of India’s power sector, plans to lend billions of rupees to clean-energy projects and equipment makers this fiscal year as part of an expanded push into renewables that will also see it issue green bonds overseas.
Recently, Union Minister of Finance, Defence and Corporate Affairs Arun Jaitley clearly emphasised his Government’s focus, which he said included two important areas including building infrastructure on war footing and substantial expenditure on development of rural India, where he mentioned that every village in India is electrified by 2018.
The government on Thursday crossed another important benchmark when it crossed the 13,000 mark in its attempts to electrify villages in rural India. With 13,002 out of 18,452 villages electrified as on March 30, 2017, the promise to provide ‘Power To All” seems a close reality now.
Not long ago, Sita, a tribal woman of Shishviya village in Rajasthan’s Udaipur district, used to share a kerosene lamp with her children who studied under its dim light as she cooked.