SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 27 May, 2015  

Power.9.Thmb.jpg Power deficit at record low in our one year: Minister

Power
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 27 May, 2015
India achieved its highest addition in power generation capacity in the past one year, leading to the country's power deficit falling to a record low of 3.6 percent, Power and Coal Minister Piyush Goyal said on Wednesday.

"Power deficit was brought down to 3.6 percent in India which is the lowest in its history. This has come on the basis of an increase in coal production," Goyal told reporters here, highlighting the achievements of Narendra Modi government in its first year in office

"In line with the PM's promise of corruption free-governance, there has been a de-bureaucratisation of my ministries," the minister, who also holds the new and renewable energy portfolio, added.

He explained that the deficit reduction had come on the back of a record addition of 22,566 mega-watt (MW) of generation capacity in the last one year.

"Also all this power also requires to be transmitted and transmission lines do not come up overnight, they take time," Goyal said.

He said there had been highest ever increase in transmission line capacity of 22,100 circuit kilometres and the highest ever increase in sub-station capacity of 66,554 MW last year.

The minister said state miner Coal India also produced a record 32 million tons of the fuel and is looking at producing 100 million tons by 2020.

The government's plans include raising renewable energy capacity by more than five times to 175,000 MW by 2022 and five ultra-mega power plants totalling 20,000 MW, he added.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter