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Need to promote Indian Entrepreneurship in Global Electrical Industry: Piyush Goyal

Renewable energy takes centre stage in ‘One Nation One Grid One Price’ goal Goyal Union Minister of State for Power Coal New and Renewable Energy and Mines Piyush Goyal. Image Source IANS
Carmela Zoppi | 08 Ottobre, 2016, 23:27

The two-day conference will be inaugurated by Power, Coal, New & Renewable Energy and Mines Minister Piyush Goyal.

He was of the view that it is important to strike a balance between the conventional and renewable sources of energy and rapid societal development and environmental concerns.

Keeping in view India's development imperatives over the next decade, India can not completely drop fossil fuels from its energy basket in the near future according to Power Minister Piyush Goyal.

He noted that it is of prime importance to achieve the goal of "One Nation, One Grid, One Price" at the earliest and to create a robust transmission grid network where affordable power is seamlessly available to the common man throughout the nation, at one price.

The Minister pointed out that the government, has made the solar power target five times to 100 GW by 2022.

In the area of Renewable Energy, state wise review will be taken on issues regarding solar power, wind power as well as the compliance of Renewable Purchase Obligations (RPOs) and Renewable Energy Certificates (RECs).

Teesta and Subansiri projects that are experiencing time and cost over runs will be moved forward with governement intervention, Goyal stated.

On initiatives in the coal sector, he said the ministry is collaborating with IITs and research labs overseas to develop state of art technologies like clean coal technology, carbon capture & use, coal to gas & coal bed methane technologies, inter alia.

The aim of the conference is to review the implementation of various ongoing schemes/programmes and deliberate on a host of issues pertaining to power, coal, renewable energy and mines sectors, a Power Ministry statement said. Talking about the Bureau of Indian Standards, Mr Goyal said the standards need to be better monitored in imported electrical products.The exhibition was organised by Messe Frankfurt Trade Fairs India Pvt Ltd and ELCOMA (Electric Lamp & Component Manufactures' Association).The event brought over 300 technology-leading companies from India, China, Hong Kong, Japan, Switzerland and Taiwan to display the latest in lighting and building technologies.

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