Piyush Goyal

MoS (IN­DE­PEN­DENT CHARGE) FOR POWER, COAL, NEW & RE­NEW­ABLE EN­ERGY AND MINES

India Today - - 30 YEARS OF MODI GOVERNMENT | ENERGY -

PIYUSH GOYAL’S FIS­CAL re­forms of power dis­coms are yield­ing re­sult—27 states and UTs signed on to the UDAY scheme, forc­ing states to take on 75 per cent of the debt on distri­bu­tion com­pa­nies’ books, in re­turn for a com­mit­ment to good prac­tices in power pro­cure­ment, distri­bu­tion and billing. His ef­forts to push 227 mil­lion LED lamps cut en­ergy de­mand by an ad­di­tional 2 per cent. “We worked on a 3S prin­ci­ple:

skill, speed and scale,” he says. “This al­lowed us to achieve the jump in coal pro­duc­tion and un­lock the power sec­tor.” The coal pro­duc­tion jump he is re­fer­ring to is the turn­around in Coal In­dia’s pro­duc­tion graph. In the past three years, out­put has climbed to 554 mil­lion tonnes from 462 mt in 2013-14. Coal In­dia is now find­ing it dif­fi­cult to find enough buy­ers for its out­put. The fruits of UDAY would re­sult in 24X7 elec­tric­ity to all. For this last push, though, Goyal needs to en­sure stricter mon­i­tor­ing.

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