India to roll-out e-vehicle policy in FY2017-18
The Dollar Business Bureau By 2030, India plans to make a 100% shift to electric vehicles, and occupy the position of a global leader in the new-age e-vehicle industry. To realise this ambition, the government is working towards a comprehensive plan which will usher the start of a green era much earlier. In this context, power and coal Minister Piyush Goyal said that a robust policy for the promotion of e-vehicles is in the pipeline. “Niti Aayog has drawn up certain ideas but the project is being looked after by the Ministry of Heavy Industries. I am sure that will have all discussions and come up with a robust policy because we want to encourage domestic manufacturing of electric vehicles,” the Minister said, adding that a policy is likely ...
India poised to be worlds clean energy capital
The Dollar Business Bureau Union Minister for Power, Coal, New and Renewable Energy Piyush Goyal said that India was poised to become the world’s clean energy capital. "The mission of the government is to enhance the use of clean technology and renewables for generating power, thus, making India clean energy capital of the world," said the minister, while commemorating the Environment Day in Noida on Friday. Goyal also released a coffee table book on bio-diversity - The Good Earth, by NTPC (National Thermal Power Corporation Ltd). He emphasised on the need for forest restoration by planting trees on a great scale and prodded the PSU to surpass its tree plantation targets and to keep a proper record highlighting the ownership of activity. The minister ...
Coal India devises plans to achieve 1 billion tonnes target by 2020
The Dollar Business Bureau With India’s coal demand projection for 2019-20 standing at around 1,200 million tonne (MT), the Coal India Limited (CIL) is aiming at 1 billion tonne (BT) production mark for the similar period. CIL, a major public sector unit, has unveiled its roadmap of strategies to attain the said coal production target. While the projected coal demand of the country is expected to grow at the rate of 7%, the CIL is expecting a total contribution of 908 million tonnes from the projects that have been identified so far, said a recent release. And, the process of projects’ identification to share the balance quantity, to top up the one BT mark, is also underway, the release ...
Commercial coal mining by private firms to benefit consumers
Sai Nikesh D | The Dollar Business Post the recent auction of coal blocks, the Government of India is planning to give the mines to respective states helping them to meet their respective power generation needs. After satisfying the domestic needs ranging from industries to households, the government is further planning to open up commercial mining of coal blocks by private sector, informed Piyush Goyal, Union Minister of Power, Coal, New and Renewable energy. To this effect, the Minister indicated that the process of commercial mining would probably start in the coming year. The Minister further said that the government’s move towards commercial coal mining involving private sector, would ultimately increase the competition and will bring down the rates as a ...
