January 2016 \ News \ business and governance
Power for all

Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal, New and Renewable Energy sought participation of Industry to achieve "Power For All” goal of Government . While speaking at Power for All Summit 2015, Shri Goyal said "

Events like Power for All Summit where you engage and discuss relevant issues are truly an education for us all and help us to device better mechanism to speed up our efforts to achieve 100 percent electrification targets. Referring to recently launched Ujwal DISCOM Assurance Yojna, he said, “UDAY is an entirely bottom up scheme which has emerged out of the culmination of the engagements with bankers, discoms, power producers, consumers bodies, state governments and all the other stakeholders over a long period of time.” Shri Goyal appealed to transmission companies in the country to play a leadership role in explaining any loopholes in either bidding and evaluation process or its technical aspects. 

Shri Goyal said that the Government is planning to present amended Tariff Policy soon to ensure more and more transmission projects via bidding process only and said, “We will allow transmission projects to be filled out on nomination basis only in exceptionalcases”. He added, “Capacity to the South has increased substantially. He further said that lot of efforts are being made in improvising Transmission sector and possibly Government can plan to double the capacity in Southern India in next three years. The Minister stated it’s the first time that a Government has spent Rs 10,000 crore to set up transmission and distribution in North-Eastern areas of the country.

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