Government committed to providing power to all villages by 2017, says Piyush Goyal

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By Rajesh Mishra

New Delhi, April.6 (ANI):”Electricity will reach all villages by the end of next year and all households will have access to power by 2019, said Union Minister of State for Coal, Power and Renewable Energy Piyush Goyal.

“Our first priority is reaching power to the poorest of the poor in the country and, I am fairly confident of bringing electricity to all villages by next year. We intend to reach every home in the country by 2019,”said Goyal.

On lowering industrial tariffs, Goyal said that the effort is to address inefficiencies.

UDAY, the power sector reform, is expected to result in savings of Rs 180,000 crores annually from 2019. These savings would provide headroom to bring down tariffs, he said.

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He was speaking at the session, ‘Energising India through Global Partnerships’ at the CII Annual Session 2016 in New Delhi on Tuesday.

Regarding international cooperation for global competiveness and technology, Goyal stated that dialogue with several countries including the US, Japan and Australia have moved from a Government to Government dialogue to a Government to business interface.

The minister said, “We will focus on increasing electricity demand, developing hydro power and intrastate transmission,”

Goyal stressed that public-private partnerships are central to the power sector. He expressed confidence that India would meet the target of 20,000 MW of solar power by 2017 and the 100 gigawatts target of renewable energy by 2022.

Sumant Sinha, Deputy Chairman, CII Northern Region and Chairman and Founder, Renew Power Ventures Pvt Ltd, said, ‘It is important to look at partnerships for attracting capital both equity and debt. The second area where we can look at partnerships is in the area of technology.’

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Anil Sardana, Chairman, CII National Committee on Power, and CEO and Managing Director of Tata Power Ltd, called for lowering industrial tariffs. ‘There is also a need to reshape industrial tariffs and explore how these tariffs can be reduced making the industry more competitive,’ he added.

Reiterating the importance of competitive and reliable power, Mr Ratul Puri, Chairman, Hindustan Power Projects Ltd, said, ‘We need to ensure that as we build clean power, the cost of power remains competitive. (ANI)

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