11,931 villages electrified under DDUGJY
Out of 18,452 un-electrified villages, 11,931 villages have been electrified as on January 30, 2017 under Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY). This was stated by Piyush Goyal, Minister of State (IC) for Power in a written reply to a question in Rajya Sabha.
Green Shoots for BoP
The stagnant state of industrial output has resulted in lower demand for electricity. From the inactive state, when the economy starts picking up, it is expected that there would be a demand surge in the long term.
Budget Reaction | Sterlite Power
The Union Budget 2017-18 is in sync with government’s progressive agenda to energise the Indian economy. We appreciate the government’s enthusiasm to promote clean and reliable energy access to every citizen by adding 20 GW of solar power generation capacity and allocating higher resources for rural electrification.
Budget Reaction | Su-Kam
Honestly when Finance Minister Arun Jaitley announced the series of measures in Budget 2017-18 to promote clean energy, access to power and energy security, we as a company are looking forward about its future scope. This thought will result in 20 GW of solar capacity addition to which it will add on to higher spending on rural electrification.
Leaps and Bounds
Transmission and distribution (T&D) losses, Aggregate Transmission and Commercial losses (AT&C), quality of power and fluctuation in power supply are some of the major challenges faced by Indian power utilities. This is despite not overlooking the fact that in the last decade, the country witnessed sizeable improvement in quality of power, especially in urban and semi-urban areas.
State-owned lender Power Finance Corporation has announced that Rajeev Sharma has taken over as the new Chairman and Managing Director of the company with effect from October 01, 2016.
Switchgears on upswing
The demand for electricity is ever increasing in India. urbanisation, infrastructure additions, growth in real estate, and of course the rural electrification project is spiralling the electricity demand.
States to Get Financial Support
The Centre will extend financial support to states to enable them to offer new electricity connections free of cost to everyone. At present, electricity connections to only below poverty line (BPL) families are offered for free.