Energy Sector

Piyush Goyal

Piyush-Goyal_Energy_3_rever-townPiyush Goyal a minister of State with Independent Charge for Power, Coal and New & Renewable Energy in the Government of India

18000 villages which are still in darkness after almost 7 decades of independence.

The new Government has focused on holistic and long term structural improvements in the sector, with a focus on achieving 24X7 power for all.

In 80s the idea was to have pithead stations and ended up having plants away from coal mines due to political reasons. Separate Transmission Corporation was launched. But lines were not laid to evacuate power from eastern locations.

Of late plants are not pit head based as availability of land & coal itself is a big question. Howeversituation has really improved and grid frequency has also stabilized.

But still the per capita power consumption has not reached four figures. With more stringent environmental norms in place and availability of land and availability of fuel( gas/ coal), expansion of coal based/gas based utilities is difficult.

Now thrust is on solar based but the cost per MW also is high compared to gas/ coal. Now left with us is to go in for revamping the old inefficient utilities , reduce transmission & distribution losses, remove subsidy system and increase realization.

Energy_1Higher generation and slowdown in demand growth has resulted in better availability of electricity so far in winter 2015.In November, electricity supply deficit dropped to 1.4 per cent as compared to 3.4 per cent in the same month last year.Coal India’s rising production has helped in greater coal availability allowing thermal power plants to burn more fuel and generate more electricity. The company has produced 8.8 per cent more coal in April-November 2015 at 321.38 million tons

Also, His ministry also working towards Solar Energy.India may increase its solar energy capacity four-fold during the next fiscal year ending March 2017.In today’s solar market in India, almost every passing tender has promised to deliver cheaper electricity.

Energy_2States are showing interest in developing Solar Energy grid for them.

Madhya Pradesh is set to be home to the cheapest solar power not only in India but the entire world, finally offering a cost-effective alternative to the environmentally-harmful thermal power.

Also, The Chhattisgarh government has decided to make roof-top solar power plants mandatory for new buildings of government, semi-government establishments and institutional bodies from next year onwards in the state.

India itself, with current electricity grid capacity of less than 300 gigawatt’s, aims to increase its solar installations from below 5 GW now to 100 GW by 2022