As part of its efforts to fulfil the ambitious
target to give 24X7 electricity to all, India government said it planned investments
of Rs 3 lakh crore in the Transmission &Distribution sector and have
already started the Deen Dayal Grameen Jyoti Yojana and Integrated Power
Development Scheme.
Power Minister Piyush Goyal said his ministry gears
up to free the sector from a gridlock of fuel scarcity, regulatory clogs and
other issues. He said the ministry is confident that the results would start
showing in the New Year and a right foundation has been laid to 'power up' the
power sector since the new government took over.
The mass cancellation of coal mines was a big
'shock' for India’s power sector in 2014, but the sector is hopeful that this
thorny issue of fuel supply has been put to rest with the launch of a
transparent auction process for coal mines.
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