Page 3 - R K Singh

Rs 19,500 cr PLI-II for solar equipment to save Rs 1.4-trn forex: R K Singh

Union Power Minister R K Singh on Wednesday exuded confidence that the second version of production linked incentive (PLI-II) scheme for solar manufacturing worth Rs 19,500 crore, will help save close to Rs 1.4 lakh crore forex every year. The Union Cabinet, chaired by Prime Minister, Narendra Modi, approved the implementation of the Production Linked Incentive Scheme (Tranche II) on National programme on High-Efficiency Solar PV Modules', with an outlay of Rs 19,500 crore for achieving a manufacturing capacity of 65 Giga Watt (GW) scale in High-Efficiency Solar PV Modules. The government has expanded the scope under PLI-II as the domestic manufacturing capacity will also boost exports. The PLI-I for solar modules was worth Rs 4,500 crore, which was brought with intent to meet domestic requirement mainly as India has been importing solar equipment. "This (PLI-II for solar module) will lead to a saving of Rs 1.40 lakh crore saving because of domestic manufacturing. And it will also .

R K Singh urges EU to keep its green hydrogen market open for competition

Union Power Minister R K Singh on Thursday urged the European Union (EU) to keep its green hydrogen market open for competition to get supplies at the lowest rate and avoid any accusation of protectionism. Speaking at the First EU-India Green Hydrogen Forum, Singh stated that India would produce large quantities of green hydrogen at the lowest price and would need electrolysers for producing 50GW hydrogen initially. Singh showcased a huge opportunity for the EU to get supplies of green hydrogen from India which could also help it to diversify its energy sourcing. "As far as our cooperation with the EU, I think it has a future. Of course it depends on policies and standards. We would be producing green hydrogen at lowest prices. China's price is opaque. I don't know how they price it," Singh said. India has a transparent bids system, dispute resolution mechanism which promotes every fund to be invested here, he stated. He was of the view that India is the best place to produce and

Coal India, the producer with no experience in importing supplies

The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies

Govt discusses future export of hydrogen with Japan, Germany

Singh, who is also the minister for new and renewable energy, informed that India is aiming to produce 20 million tonne (MT) of green hydrogen by 2030

Duty on solar modules, cells to continue; don't want imports: R K Singh

There are "no plans" to review the basic customs duty (BCD) levied on solar modules and cells, Union Power Minister R K Singh has said.

Centre tells states to step up coal imports for three years: Report

The decision to boost imports underscores the severity of India's fuel crisis as coal inventories are at the lowest pre-summer levels in at least nine years

China tried to hack Power Grid systems in Ladakh thrice: R K Singh

Amid reports of Chinese state-sponsored hackers targeting the power grid, the Ministry of External Affairs asserted India has systems in place to safeguard critical infrastructure

Former Aviation Joint Secy appointed as Principal Advisor to IndiGo's MD

Presently, he serves on the Board of CAE Simulation Training Private Limited, which is a pilot training organization

Peak power demand can cross 200 GW in March, says R K Singh

Power Minister R K Singh on Wednesday said electricity demand can beat all previous records and cross the 200 GW mark in March itself in view of soaring temperatures.

India to replace diesel by renewable energy in agriculture by 2024: Govt

Union Power Minister R K Singh on Friday said that India will achieve zero-diesel use in agriculture and replace the fossil fuel with renewable energy by 2024. The minister held a virtual meeting with the officials of the Ministry of Power and Ministry of New & Renewable Energy, Additional Chief Secretaries and Principal Secretaries of Power or Energy Departments of states & UTs to discuss their role in achieving India's energy transition goals and meeting climate commitments. The minister asserted that India will replace diesel with renewables to achieve target of zero-diesel use in the agricultural sector by 2024, a power ministry release stated. Addressing the meeting, Singh stressed the need for collaborative efforts between the Central and State Governments towards the large-scale deployment of energy efficiency measures in potential sectors of the economy. He emphasised the need to have a state-specific agency dedicated for energy efficiency and conservation. He urged ...

Budget 2022 has everything needed for energy transition: R K Singh

Union Power Minister R K Singh said the Budget 2022-23 has everything that is required for energy transition

Govt to unveil green hydrogen policy in next 10 days, says R K Singh

Raising the issue of payment for power supply, he said free power supply ultimately affects the entire value chain.

Power discoms owe gencos more than Rs 1.56 trn: Power minister

Total outstanding dues owed by power distribution utilities or discoms to generation firms (gencos) are estimated to be more than Rs 1.56 lakh crore, Parliament was informed on Thursday. "Discoms have not been able to pay the generation companies for the power procured, and the outstanding payments to generation companies are estimated to be in excess of Rs 1,56,000 crore. The outstanding dues to renewable generators are around 11 months of revenues. Therefore, reforms have been deliberated upon in consultation with the states and all stakeholders," Power Minister R K Singh said in a written reply to the Lok Sabha. The condition of most of the state government owned distribution companies is a matter of grave concern, the minister stated. Their AT&C (aggregate technical and commercial) losses at the end of 2019-20 range from an average of 21 per cent to a maximum of 60.16 per cent. The gap between Average Cost of Supply (ACS) and Average Revenue Realised (ARR) excluding Regulatory

Low stock at plants in Apr-Nov due to high power demand, rains: R K Singh

Due to second wave of the pandemic in April-June, 2021, the production and logistic arrangements were also affected as a huge number of manpower got infected, the minister added

No RE investor will come if energy bills not paid, action needed: R K Singh

Power Minister R K Singh expressed concern over rising dues of renewable energy producers that have not been paid by discoms

India to achieve 50% clean energy share before 2030 deadline: Singh

India will easily achieve the target of 50 per cent share of energy from non-fossil fuels and also the 500-gigawatt (GW) renewable energy capacity before the deadline of 2030 set by Prime Minister Narendra Modi, said Power and New & Renewable Energy R K Singh. It assumes significance in view of Prime Minister Narendra Modi's pledge at the COP26 Climate Conference in Glasgow that India will achieve net zero carbon emissions by 2070. Modi also raised the nationally determined contribution (NDC) target of non-fossil energy capacity to 500 GW by 2030, from 450 gigawatts earlier. Talking to PTI, Singh said, "We are working hard towards the prime minister's target of 500 GW from renewable energy by 2030. We had said we will do 40 per cent (energy from non-fossil fuel) by 2030. We have reached 39 per cent. We will easily achieve the 50 per cent target by 2030. The prime minister has given the target till 2030, we will achieve...before that." He added that the prime minister has increased

India is a 'red-hot investment destination for solar': John Kerry

The US Presidential Special Envoy for climate change was speaking at the Fourth Assembly of the ISA, just weeks ahead of the crucial global climate conference COP26 in Glasgow

R K Singh asks THDCIL, NEEPCO to bid for solar, wind projects

Power Minister R K Singh has asked Tehri Hydro Development Corporation Ltd (THDCIL) and North Eastern Electric Power Corporation Ltd (NEEPCO) to bid for solar and wind projects. The power and new & renewable energy minister took review meetings of the Tehri Hydro Development Corporation Ltd (THDCIL) and North Eastern Electric Power Corporation Ltd (NEEPCO), here on Friday, a power ministry statement said. The minister asked both the CPSUs to bid for solar and wind projects. The minister also directed the CPSUs to increase their capital expenditure and to spend 90 per cent of their capex by the end of Q3 (December 2021). Singh appreciated the progress made by THDCIL for the initiatives taken by them in installation of Carbon Capture Technology for the Khurja Super Thermal Power Project (2 X 660 MW). He also commended the initiative of THDCIL for diversification in the field of Green Hydrogen' under the National Green Hydrogen Mission' and to develop 800 MW capacity Green Hydrogen .

PowerMin tells Bengal CM not to oppose people-friendly Electricity Bill

Sources say R K Singh also alleged that Mamata is protecting the rights of a private power discom operating in Kolkata

Sought approval for setting green hydrogen purchase obligation: R K Singh

A proposal for setting targets for purchase of green hydrogen by refineries and fertiliser plants has been sent to the Cabinet for approval, Power and Renewable Energy Minister R K Singh said.