GOVERNMENT OF INDIA
English language

Home | MyGov

Accessibility
Accessibility Tools
Color Adjustment
Text Size
Navigation Adjustment
Screen Reader iconScreen Reader
Menus
Sticky Menu

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

Share your best ideas for Implementation of Budget Initiatives for the Power and Renewable Energy Sector
Start Date :
Feb 17, 2021
Last Date :
Mar 31, 2021
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

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 31st March 2021

Reset
Showing 891 Submission(s)
Aswin M Menon
Aswin M Menon 5 years 2 weeks ago
Govt must encourage the people in all the ways to use the renewable sources of energy. It will be better to give priority to the solar energy instead of electricity. Govt must provide subsidy or any type of financial assistance to those who are interested in the installation of solar panel;whether its a house holder or industry. As part of this, firstly Govt should implement such solar panels in all Govt offices,traffic signals,train and so on.
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
Now that we have increasingly innovative and less-expensive ways to capture and retain wind and solar energy, renewables are becoming a more important power source, accounting for more than one-eighth of U.S. generation. The expansion in renewables is also happening at scales large and small, from rooftop solar panels on homes that can sell power back to the grid to giant offshore wind farms. Even some entire rural communities rely on renewable energy for heating and lighting.
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
Now that we have increasingly innovative and less-expensive ways to capture and retain wind and solar energy, renewables are becoming a more important power source, accounting for more than one-eighth of U.S. generation. The expansion in renewables is also happening at scales large and small, from rooftop solar panels on homes that can sell power back to the grid to giant offshore wind farms. Even some entire rural communities rely on renewable energy for heating and lighting.
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
While renewable energy is often thought of as a new technology, harnessing nature’s power has long been used for heating, transportation, lighting, and more. Wind has powered boats to sail the seas and windmills to grind grain. The sun has provided warmth during the day and helped kindle fires to last into the evening. But over the past 500 years or so, humans increasingly turned to cheaper, dirtier energy sources such as coal and fracked gas.
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
Renewable energy, often referred to as clean energy, comes from natural sources or processes that are constantly replenished. For example, sunlight or wind keep shining and blowing, even if their availability depends on time and weather.
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
A further aspect of considering sources such as wind and solar in the context of grid supply is that their true capacity is discounted to allow for intermittency. In the UK this is by a factor of 0.43 for wind and 0.17 for solar PV, hence declared net capacity (DNC) is the figure used in national reporting – “the nominal maximum capability of a generating set to supply electricity to consumers.” It has a considerable effect on published load and capacity factors. This novel convention is not fo
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
However, the variability of wind and solar power does not correspond with most demand, and as substantial capacity has been built in several countries in response to government incentives, occasional massive output from these sources creates major problems in maintaining the reliability and economic viability of the whole system. There is a new focus on system costs related to achieving reliable supply to meet demand.
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
Wind turbines have developed greatly in recent decades, solar photovoltaic technology is much more efficient, and there are improved prospects of harnessing the energy in tides and waves. Solar thermal technologies in particular (with some heat storage) have great potential in sunny climates. With government encouragement to utilise wind and solar technologies, their costs have come down and are now in the same league per kilowatt-hour as the increased costs of fossil fuel technologies,
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
we are well advanced in meeting that challenge, while also testing the practical limits of doing so from wind and solar (variable renewable energy, VRE). The relatively dilute nature of wind and solar mean that harnessing them is very materials-intensive – many times that from energy-dense sources.
Dislike (2)
Reply
Report Spam
Abhash kumar
Abhash kumar 5 years 2 weeks ago
electricity demand escalated, with supply depending largely on fossil fuels plus some hydro power and then nuclear energy, concerns arose about carbon dioxide emissions contributing to possible global warming. Attention again turned to the huge sources of energy surging around us in nature – sun, wind, and seas in particular. There was never any doubt about the magnitude of these, the challenge was always in harnessing them so as to meet demand.
Dislike (2)
Reply
Report Spam
Sticky Menu