Excerpts from E-Book on Achievements and Initiatives of Ministries of Power, Coal and New & Renewable Energy in the first 200 Days |
Mission:
· Affordable, 24x7 power for all homes, industrial and commercial establishments and adequate power for the agricultural sector
· Long-term energy security of India
Key takeaways
· 5 unions of Coal India Limited have called off the strike after cordial discussions with senior leadership of the company and the Ministry of Coal yesterday.
· After collapse of grid in Delhi in May leading to frequent power cuts, Central government acted decisively to restore power lines and provide power to all homes. From these learnings, we have prepared a short term and medium term plan to ensure such a crisis does not occur again, for which massive investments worth Rs. 7,700 crores are already underway for:
o Upgrading power infrastructure
o Bringing more transmission lines to the city
o Underground cabling
o Smart metering to stop wrong billing
o Emergency response systems
· National launch of LED and energy conservation mission by Hon’ble Prime Minister Shri Narendra Modi ji: 1 crore bulbs in Delhi will be replaced with LED within one year. Similar replacement program of500,000 street lights of Delhi in one year too. Nationwide rollout thereafter will see a saving of over Rs. 10,000 crores.
· Amendments in the Electricity Act introduced in Parliament for providing choice to consumers in electricity suppliers (just like we have the freedom to choose a mobile phone operator and can change if dissatisfied, so will be the case with electricity suppliers too). This will ensure more competition, affordable power and better customer service.
· 50% increase in capacity addition in June-Nov 2014 versus June-Nov 2013
· Record 15.8% increase in thermal based electricity generation in June-Nov 2014 versus June-Nov 2013
· All time high 14.1% increase in coal production in Oct-Nov 2014 versus 1.0% in Oct-Nov 2013 (and 8.4% production growth in June-Nov 2014 over June-Nov 2013)
· Central Government grant of Rs. 1.1 lakh crores for comprehensive infrastructure up gradation pan India under two schemes (Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) for rural India andIntegrated Power Development Scheme (IPDS) for urban India) towards 24x7 affordable power for all.
o DDUGJY will see feeder separation in rural India giving assured power to the farms, and 24x7 for homes and small scale industries
o The Remote villages with small population (e.g., dhanis) will also be covered under DDUGJY.
· Action plan towards doubling Coal India’s production target to 100 crore tons in 5 years is in place, and transformation process has been initiated.
· 100,000 MW solar and 60,000 MW wind energy capacity installation target by 2022 for long-term energy security of India. This will entail an investment of Rs. 10 lakh crore.
o 40,000 MW of rooftop solar
o 20,000 MW of solar parks
· A world-class Renewable Energy Investment Summit (RE-Invest 2015) is being held in mid-February to show case India’s potential, ease of doing business and to attract such quantum of capital.
· Historic coal ordinance was promulgated within a month of cancellation of coal blocks by Hon’ble Supreme Court. Allocation and auction process will be held in a transparent manner exclusively by e-bidding. This will protect the interests of Coal India Limited’s employees and increase domestic production towards 24x7 affordable power for all, and long term energy security of India.
· Coal bearing states will receive over Rs. 7 lakh crores from e-auction of coal blocks in future, for socioeconomic development and accelerating economic growth.
· Make in India: Rs. 1 lakh crore worth orders being placed by NTPC, Coal India Limited, Energy Efficiency Services Limited, PGCIL etc. to boost manufacturing and kick start the economy.
· Long pending transmission projects worth Rs. 35,000 crores cleared and government grant of Rs. 10,000 crores for comprehensive strengthening and up gradation of power systems in 8 North Eastern States
· Supply of coal from nearest mines will reduce transportation costs by Rs. 6,000 crores, reducing tariffs:
o Already one exchange between NTPC and Gujarat saved Rs. 300 crores for the customers
|
Read,Write & Revise.Minimum reading & maximum learning
8 January 2015
Initiatives of Ministries of Power, Coal and New & Renewable Energy
Subscribe to:
Post Comments (Atom)
Featured post
UKPCS2012 FINAL RESULT SAMVEG IAS DEHRADUN
Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...
-
Why the Ambedkar legacy really matters More important than tactically quoting him is to understand the Ambedkarite project One of the we...
-
Measures to boost growth and employment generation 100% deduction of profits for 3 out of 5 years for startups set-up during April 201...
-
Rewriting the rules of political engagement The apex court’s decision against canvassing for votes on grounds of religion, caste, creed,...
-
Minister of State for Agriculture & Farmers’ Welfare, Dr. Sanjeev Kumar Balyan today launched KISAN Project [C(K)rop Insurance using ...
-
Index Numbers of Wholesale Price in India (Base: 2011-12=100) Review for the month of June, 2017 The official Wholesale Price Index fo...
-
The map of rural deprivation For millions hit by agricultural distress, the escape to construction jobs is grinding to a halt With the ...
-
IIFA AWARD LIST The IIFA Awards have been announced. The winners are: Best Film: Bhaag Milkha Bhaag Best Director: Rakeysh Omprakash Mehra ...
-
Cabinet clears National Steel Policy that favours Indian steelmakers Under the new National Steel Policy, priority will be given to Ind...
-
It is not a device that helps quit smoking and delivers nicotine. What the aerosol spews is not water vapour.It must be regulated quickly...
-
Mascot for FIFA Under 17 World Cup India 2017 Minister of State (I/C) for Youth Affairs and Sports Shri Vijay Goel with President of A...
No comments:
Post a Comment