Government approves institutional mechanism for smart grid projects
The Dollar Business Bureau The government has approved the National Smart Grid Mission (NSGM), an institutional mechanism, for implementation of policies related to smart grid networks, Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy told Lok Sabha on Thursday. The NSGM is an institutional mechanism which will plan, monitor and implement the policies and programs related to smart grid activities in the country, the minister said. The total outlay of Rs 985 crore and a budgetary allocation of Rs 338 crore have already been allocated for the NSGM activities during the 12th Plan. The minister further said that a governing council headed by the Minister of Power and comprised of secretary-level officers of the concerned departments and ...
Centre plans to improve thermal power generation
The Dollar Business Bureau Thermal power plants in India generated 878 BU during the last year, registering 10.83 % growth as compared to the figure of 792 BU a year ago. The government has taken slew of measures to improve power generation capacity in the country, Piyush Goyal, Minister of State, Power, Coal & New and Renewable Energy said in a written reply to a question in the Rajya Sabha on Monday, reported PIB. Re-allocation of coal blocks cancelled by the Supreme Court through auction, supplying adequate natural gas to gas-based power plants and modernization of several units were part of the measures to improve the country’s capacity of electricity generation. A total of 70 thermal generation units with ...
Coal supplies to be in line with Fuel Supply Agreement
The Dollar Business Bureau The Minister of State for Power, Coal & New and Renewable Energy Piyush Goyal, on Thursday, informed that the distribution of coal, for all sectors of consumers, would be done under the Fuel Supply Agreement (FSA), as per the government’s New Coal Distribution Policy (NCDP). The Minister stated that for the consumers who remain not covered under FSA, the coal would be supplied through e-auction, where 10% of the annual production will be put for sale under NCDP. Whereas, for the consumers whose annual production is less than 4200 tonne per annum, the coal would be supplied under FLA to the State nominated agencies, the Minister added. To facilitate the liquidation of coal stock affected ...