Loss-making discoms to be denied loans
We have already liberalised the Electricity Act and it provides for franchisees. However, the charging station is not selling electricity, but giving you a service. It is actually buying the electricity from a discom.
How lack of charging infra is fueling the cash economy
As one of the signatories of the Paris Agreement under the UN Framework Convention on Climate Change, among its other commitments, India has also announced plans to majorly shift to electric vehicles by 2030.
The Power Ranger
While NTPC took 10 years to build its first 10,000 MW capacity, 11 years to build the next 10,000 MW, and 7 years to build the third block of 10,000 MW capacity; the last 10,000 MW has been added in a short span of four years.
Our aim is to make all sick PSEs profitable
Under the strong leadership of Prime Minister Narendra Modi, I got the opportunity to head the Heavy Industries Ministry in which BHEL comes under my purview. If you analyse BHEL´s financial progress in the past two-three years, the company has been under tremendous pressure, mainly due to the coal scam that shook India.