 "Piyush Goyal")
Union Energy Minister Piyush Goyal on Monday said country's coal, power and renewable energy sector will provide for $1 trillion investment opportunity by 2030. He informed the three combined together offer $250 billion investment opportunity over the next five year period.
"Whosoever missed this bus will miss the biggest opportunity in the world in the power sector” Goyal said in his address at the Make In India week seminar here on MMRDA grounds at BKC.
Goyal emphasised the focus of the government to ensure adequate electricity to industry, individuals and farmers.
He added, "The Make in India programme will help reach new heights of success in the power sector by getting more people to invest in the country”.
Referring to the availability of sufficient power and coal today in the country, Goyal said, "We have to look at future and we are engaged in a massive roll out across the value chain of the power sector, be it the fuel availability, be it the expansion of our generating power, massive investment on the transmission side- to ensure that the nation has a seamless grid across the length and breadth of the country."
Further, he told the audience that the government was paying due attention to address issues with regard to losses in the transmission side, power thefts and ensure energy efficiency.
On the implementation of UDAY (Ujjwal Discom Assurance Yojana), Goyal said it was not designed on the back of subsidies or government intervention; but it was a bottom up programme being conceptualized by the joint endeavors of all stake holders of the power sector.
"Whosoever missed this bus will miss the biggest opportunity in the world in the power sector” Goyal said in his address at the Make In India week seminar here on MMRDA grounds at BKC.
Goyal emphasised the focus of the government to ensure adequate electricity to industry, individuals and farmers.
He added, "The Make in India programme will help reach new heights of success in the power sector by getting more people to invest in the country”.
Referring to the availability of sufficient power and coal today in the country, Goyal said, "We have to look at future and we are engaged in a massive roll out across the value chain of the power sector, be it the fuel availability, be it the expansion of our generating power, massive investment on the transmission side- to ensure that the nation has a seamless grid across the length and breadth of the country."
Further, he told the audience that the government was paying due attention to address issues with regard to losses in the transmission side, power thefts and ensure energy efficiency.
On the implementation of UDAY (Ujjwal Discom Assurance Yojana), Goyal said it was not designed on the back of subsidies or government intervention; but it was a bottom up programme being conceptualized by the joint endeavors of all stake holders of the power sector.
