Business Daily from THE HINDU group of publications
Thursday, Mar 13, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Thursday, Mar 13, 2008 ePaper | Mobile/PDA Version |
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Industry & Economy
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Non-conventional Energy ‘No renewable energy policy in place yet’ Alka Kshirsagar Karad, March 12 The Union Government has set a target to generate 80,000 MW from conventional sources over the next four years, and is investing Rs 60,000 crore in that period to generate, distribute and transmit electricity. However, the Union Power Minister, Mr Sushilkumar Shinde, has said that there is no policy in place as yet that makes it mandatory for a percentage of all power generated by a certain date to come from renewable sources. Speaking after laying the foundation stone for a three-in-one renewable energy project near here, Mr Shinde said, “There is a shortfall of 25,000 MW in the country today. In the last three five-year Plans, only 21,000 MW of the targeted 42,000 MW was added. In the Fifth Plan, we propose to add 80,000 MW, and in four years from now, you will get power on demand. Self sufficiency in the power sector will return.” Referring to the Dabhol project, Maharashtra’s Power Minister, Mr Dilip Walse Patil, said that two phases were currently operational and generating 900 MW. The third and final phase would add 700 MW to the grid. The current shortage in the State was 3,500 MW in the day and around 4,500-5,000 MW during the night. Over the next five years, the generation from Central, State and private power projects will be 20-22,000 MW, Mr Patil said. More Stories on : Non-conventional Energy
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