Ujjwal Discom Assurance Yojana will wipe out losses of discoms by 2019: Power minister
Updated: Nov 06, 2015 05:11:15pm
Kochi, Nov 6 (KNN) Power Minister Piyush Goyal has said that the Ujjwal Discom Assurance Yojana (UDAY) approved by the Union Cabinet will help in a big way in wiping out the losses of discoms by 2019. The Minister assured that apprehensions regarding the proposed amendments to the Electricity Act would be addressed.
Inaugurating the Conference of Power, Renewable Energy and Mines Ministers of state and union territories in Kochi on Friday he said a clear road map has been drawn to solve the present crisis of discoms.
Piyush Goyal also said that with the centre and states working together, the target which was set for six years for renewable energy production would be attained in four and half years.
“I am confident that we can achieve the Renewable energy targets, not necessarily six-and-half years from now but possibly even in four-and-half years from now, if we all work together as a team,” he said.
On India's announced renewable energy plan whereby the target for installed solar power capacity has been set at 100 GW by 2022, the minister sought cooperation and support of the states to make it a reality by 2020, saying it is a concern for the environment.
He urged for an ambitious renewable energy targets much ahead of the declared timeframe.
In its Intended Nationally Determined Contributions (INDCs) submitted to the UNFCCC last month, India has pledged to improve emissions intensity of its GDP by 33-35 per cent by 2030 below 2005 levels.
Goyal said team India will have to work to make India a powerful economy - an economy that cares for environment, that develops rapidly but develop efficiently ensuring that the effect on the environment is kept to the bare minimum.
Ministers from fifteen states and Delhi are attending the two day conference. (KNN Bureau)
Inaugurating the Conference of Power, Renewable Energy and Mines Ministers of state and union territories in Kochi on Friday he said a clear road map has been drawn to solve the present crisis of discoms.
Piyush Goyal also said that with the centre and states working together, the target which was set for six years for renewable energy production would be attained in four and half years.
“I am confident that we can achieve the Renewable energy targets, not necessarily six-and-half years from now but possibly even in four-and-half years from now, if we all work together as a team,” he said.
On India's announced renewable energy plan whereby the target for installed solar power capacity has been set at 100 GW by 2022, the minister sought cooperation and support of the states to make it a reality by 2020, saying it is a concern for the environment.
He urged for an ambitious renewable energy targets much ahead of the declared timeframe.
In its Intended Nationally Determined Contributions (INDCs) submitted to the UNFCCC last month, India has pledged to improve emissions intensity of its GDP by 33-35 per cent by 2030 below 2005 levels.
Goyal said team India will have to work to make India a powerful economy - an economy that cares for environment, that develops rapidly but develop efficiently ensuring that the effect on the environment is kept to the bare minimum.
Ministers from fifteen states and Delhi are attending the two day conference. (KNN Bureau)
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