NTPC to replace its old plants -Governance Now

NTPC to replace its old plants

The plants would be replaced in five years with an investment of around Rs. 50,000 crore

GN Bureau | December 15, 2016

#NTPC #Piyush Goyal #UJALA #DDUGJY #power ministry #CSR

The nation has embarked on a mission to reduce India’s carbon footprint by phasing out all inefficient thermal power plants, older than 25 years, with modern energy efficient super critical ones, said union power minister Piyush Goyal who added that NTPC has already given the in-principle clearance to replace around 11,000 MW of its old, inefficient thermal power plants.

The plants would be replaced in about five years, with an investment of around Rs. 50,000 crores, he said.

Speaking at a function held to celebrate the 26th National Energy Conservation Day 2016 on Wednesday, Goyal said that the power ministry is in talks with the environment ministry for clearances, which should not be a problem as it is a huge step in increasing energy efficiency and reducing carbon emissions.

The minister said that there are over 16,000 households in about 800 inaccessible villages in India which lack grid connectivity. The ministry would be providing, to each such household, a 300 KW Solar panel, 8-hour battery backup, 5 LED bulbs, an energy efficient ceiling fan and a solar power based mobile phone charging socket, all free of cost under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY).

All the companies under the power ministry, under their CSR initiatives, would be providing a solar power based television set to these households.

Informing about the progress of the UJALA LED scheme, the Shri Goyal said that according to the latest figures from UJALA dashboard, over 18.38 crore LED bulbs have been distributed by EESL and another 25 crore by private sector companies. This drive has witnessed an unthinkable reduction of around 88% in LED prices in just 20 months, which led to an annual saving of around Rs. 10,000 crores for the consumers. The savings would scale up to Rs. 40,000 crores in the next 3 years.

He said that Gujarat has become the first state in the country to replace all street lights with LED bulbs. He added that India is in talks with the neighboring countries to take the LED programme to them and become a leader in the Energy Efficiency Mission.

Comments

Other News

Enhanced MCA21 V3 Portal Paves the Way for Improved Corporate Governance

By Sudhir Chaturvedi, Executive Board Member & President- Markets, LTIMindtree Corporate governance has always been a critical issue for businesses in India. As part of its ongoing digitalization drive, the Ministry of Corporate Affairs (MCA) recently launched the latest

“I pray to God that such an incident never happens in future”

Life is slowly limping back to normalcy in Bahanaga, a block headquarters town in Odisha’s Balasore district that witnessed one of the deadliest rail disasters of the century. Train operations have resumed as the Central Bureau of Investigation (CBI) has begun the probe into the accident that claimed

Gandhi’s Triumph over the Fear of Death

The Essential U. R. Ananthamurthy Edited by N. Manu Chakravarthy and Chandan Gowda Aleph Books, Rs 899, 312 pages

Bird walks for youngsters to be held across India

Early Bird and the Rainmatter Foundation have announced five bird walks, led by naturalists, across India on June 10. The walks, to be held in Agartala, Dehradun, Mysore, Panjim, and Tirupati early in the morning, are part of the Rainmatter Foundation’s Walking Lightly campaign, being observed throug

India celebrates Environment Day with thrust on Mission LiFE

The Ministry of Environment, Forest and Climate Change, Government of India organized the World Environment Day on Monday with a thrust on Mission LiFE. The concept of LiFE, i.e., Lifestyle for Environment was introduced by prime minister Narendra Modi at the World Leaders` Summit in Glasgow at COP26, when

Green banking: an emerging way forward

Green Banking is an initiative taken by the banks to promote environment-friendly practices and reduce carbon footprint of their activities. Green financing (a part of ‘Green Banking’) is a broad term that can refer to a financial investment flowing into sustainable development projects and ini