Share your best ideas for Implementation of Budget Initiatives for the Power and Renewable Energy Sector

Last Date Mar 15,2021 23:45 PM IST (GMT +5.30 Hrs)

Hon’ble Prime Minister Shri Narendra Modi addressed the Webinar to detail a roadmap for effective implementation of the provisions related to Power and Renewable Energy Sector in ...

Hon’ble Prime Minister Shri Narendra Modi addressed the Webinar to detail a roadmap for effective implementation of the provisions related to Power and Renewable Energy Sector in the Union Budget 2021-22.

The panellists of the Webinar shared their insights and provided inputs related to putting in place the framework to give consumers alternatives to achieve from among more than one distribution companies.

The key announcements in the Union Budget related to Power and Renewable Energy Sector are as follows and we seek ideas and suggestions from the public and other stakeholders on the same:

a. The distribution companies across the country are monopolies either Government or private. There is a need to provide choice to consumers by promoting competition. A framework will be put in place to give consumers alternatives to choose from among more than one Distribution Company.

b. The viability of distribution companies is a serious concern. A revamped reform-based result-linked power distribution sector scheme will be launched with an outlay of Rs. 3,05,984 crores over 5 years. The scheme will provide assistance to DISCOMS for infrastructure creation, including pre-paid smart metering and feeder separation, up-gradation of systems, etc., tied to financial improvements.

c. For a USD 5 trillion economy, our manufacturing sector has to grow in double digits on a sustained basis. Our manufacturing companies need to become an integral part of global supply chains, possess core competence and cutting-edge technology. To achieve all of the above, PLI schemes to create manufacturing global champions for an AatmaNirbhar Bharat have been announced for 13 sectors. For this, the government has committed nearly 1.97 lakh crores, over 5 years starting FY 2021-22. This initiative will help bring scale and size in key sectors, create and nurture global champions and provide jobs to our youth.

d. Hon’ble Prime Minister, while speaking at the 3rd RE-Invest Conference in November 2020, had announced plans to launch a comprehensive National Hydrogen Energy Mission. It is now proposed to launch a Hydrogen Energy Mission in 2021-22 for generating hydrogen from green power sources.

e. To give a further boost to the non-conventional energy sector, I propose to provide an additional capital infusion of Rs.1,000 crores to Solar Energy Corporation of India and Rs. 1,500 crores to Indian Renewable Energy Development Agency.

f. In Part A, we have already acknowledged that solar energy has huge promise for India. To build up domestic capacity, we will notify a phased manufacturing plan for solar cells and solar panels. At present, to encourage domestic production, we are raising duty on solar invertors from 5% to 20%, and on solar lanterns from 5% to 15%.

The last date for submission is 15th March 2021

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1200
daaruk y 4 hours 59 minutes ago

my suggestion to develop power sector is to increase solar parks all over india .and to provide bio gas all over india instead of fossil fuels.to setup windmills in some areas of india. we have a long coastline in line so with that we can provide tidal energy in coastal areas

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Ashish Jindal 5 hours 15 minutes ago

Dear authorities and friends, We should promote the rural area of india to produce bio gas from installing the bio gas plant in his premises to save the finishable natural resources and trees also. there are too much septic tanks manufactures in india those produce septic tank with bio gas plant producing and storage system, So those villagers, sarpanch & panchayti Raj member are insterted for this source of energy for society than our government should give subsidiary to the needful

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NK Nautiyal 5 hours 21 minutes ago

Along with big solar park the government should give incentives to normal public so that people can install solar planes on rooftop. When the common people will come forward in this then only will it make significant effort against global warming.

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ragul 6 hours 48 minutes ago

our goal is to make the energy-efficiency industry in India bankable.schemes can be developed over a range of scales and type, according to various conditions, including: h topographical conditions, local and regional needs, and electricity markets. Concentrating solar power CSP plants produce power by first converting the sun’s energy into heat, next into mechanical power, and, to electricity in a conventional generator.

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mahesh biyani 9 hours 29 minutes ago

From consumer point of view ! behavioral changes . World has advanced in both power & water consumption with almost same cost ! can we do it ! auto off water/power in public premises. Timers. Are all the street lights & govt offices by powered by LED. Back to measure of 1 bucket /mug use for water at time of commissioning faucets /bathrooms. Low flesh consumption with more vacuum pressure ! Cleaning /washing /ironing daily chores Put up the best practices of the world v/s india.

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ARUN KUMAR GUPTA 9 hours 30 minutes ago

India is a land of diverse geographic conditions.
What is cheap source of energy in Jharkhand may not be available in Himachal Pradesh.
Generation of power may be from any source, it is connected to the same national grid.
So, we have to select generation options carefully.
Wherever coal is available, thermal plants can be set there itself so as to minimise carrying cost of coal. Where there is barren land available, solar parks can be set.
Ultimately, both will get connected with grid

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marina venkata koushik 11 hours 23 minutes ago

. rather than implementing plans for non-renewable source of energy like nuclear, etc. we can implement plans on renewable sources like solar and hydro. In India there are various land masses we can use land mass to its fullest if we can invent. for example in desert area we can implement solar, not bothering about the water, even in case of wind storm we can use artificial intelligence and mechanical power with no need of human power. this would be costly for short but worthy for long time.

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hariharareddyjeepalem 11 hours 29 minutes ago

Good afternoon sir, Indian traditional knowledge on Perpetual motion machines solve Energy, financial problems High grade energies Gravity,wind are sources. SATELLITE ON THE SURFACE OF THE EARTH, WHIRL WIND WHEEL-WHEEL REVOLUTION WITH AIR REACTOR are indigenous, low cost can generate abundant power, electric transportation is fast less accidents , have all rura power homes , industrial , digital education swachh Bharat can become efficient. Let us develop our knowledge to see self reliant India

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LaxmiNarayan 12 hours 15 minutes ago

AssystemHas a strong resource base of over 1,400 technical experts who work with world leaders in the energy and nuclear power sectorAVANT GARDEA professionally managed organization providing Concept-to-Commissioning EPCM (Engineering, Procurement and Construction Management) servicesCVK Solar EnterprisesThe firm has an extensive experience and expertise in development of Solar Power Plants and Power Evacuation System Daystar SolarSpecializing in consulting, procuring, supplying and installing.