India’s per capita power consumption likely to grow by two fold, says power minister

The centre has commissioned 98 GW of energy requirements of the target 175 GW in the renewable sector

GN Bureau | February 21, 2019


#Indian Power Stations   #electricity   #RK Singh   #renewable sector   #power minister   #power consumption   #India   #NTPC  

Union power minister RK Singh has said the per capita current power consumption of 1,200 units is expected to grow 2-3 times at par with the international consumption after every Indian gets access to electricity.

Singh said the power sector is witnessing an increased demand which is further expected to go up in the near future. The minister was addressing the Indian Power Stations 2019, an international operation and maintenance conference organised by NTPC .

 
Talking about the issues like dearth of financing available in this sector, Singh suggested, “measures like pre-payment for consumption of electricity from both Discoms and end consumers, privatising distribution companies to make the process more market oriented”.
 
The 8th edition of the conference was attended by over 500 delegates and it coincides with the synchronisation of NTPC’s flagship Singrauli power station on February 13, 1982.
 
Singh said “We need to efficiently use all the energy sources available and devise measures to enhance the storage of energy to meet the constantly growing demand. Simultaneously, on the operations’ front, it is imperative to not postpone any scheduled maintenance of the power plants and not let the power demand dictate the running of the plants.”
 
He said that with the centre’s initiatives to augment power generation and distribution in the country like the Saubhagya scheme and flexibility of power, the government’s directive to fulfil 40 percent of power requirements through non fossil fuels by 2030 is on track.
 
The government has already commissioned 98GW of energy requirements of the target 175 GW in the renewable sector. At the same time, there has also been an emergence in the need for companies to focus on safety, environment sustainability, reliability and efficiency he said.

Comments

 

Other News

“World headed towards stagflation; India must take care of the poor”

As the post-pandemic fallout and geopolitical uncertainty slows down global economies and sanctions against some nations, energy crisis and inflation are adding to the troubles, India is projected to be decoupled from world economy and fare better. To check if this belief really holds water, in the latest

The changing nature of CSR in India

With the advent of globalization came a new set of challenges for corporations, notably the duty of ensuring the well-being of all stakeholders while also protecting the planet`s natural environment. Although we are dedicated to a faster and more inclusive rate of growth, it is equally imperative that we f

BMC commissioner Chahal conferred with hon. doctorate

BMC commissioner and administrator Iqbal Singh Chahal has been conferred with a Honorary Doctor of Science Degree (honoris causa) by Guru Nanak Dev University in Amritsar, Punjab. Chahal was conferred the degree during the 48th convocation of the University in Amritsar at the hands of Punjab

Sebi to have two-track approach on ESG

Securities and Exchange Board of India (Sebi) aims to use a two-track approach on environmental social and corporate governance (ESG). Addressing a conference on ‘ESG for Atmanirbhar Bharat` in Mumbai, Sebi chairperson Madhabi Puri Buch said that that there should not be a single carbo

Accuracy more important than speed in news: Anurag Thakur

Presenting authentic information is the prime responsibility of media and that facts should be properly checked before they are put in the public domain, union minister of information and broadcasting Anurag Thakur has said. “While speed with which the information is transmitted is imp

FM concludes pre-budget consultations

Union minister for finance and corporate affairs Nirmala Sitharaman has concluded the pre-budget consultation meetings for Budget 2023-24 that were held from November 21 to 28 in the virtual mode. More than 110 invitees representing seven stakeholder groups participated in eight meetings sch

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter