Goyal seek gas partnerships
Partnerships formed with the participating stakeholders at Petrotech-2016 would help us revive India’s stranded Gas based power plants in the near future, Union Minster of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Dec 7, 2016.
But he conceded that domestic demand for gas in the sector of power generation has not been fully met at present.
Goyal envisioned that gas based power generation is a key to achieve Government of India’s goal of ‘24×7 Power for All’.
He was optimistic that the efficiency of gas based power plants would increase as gas prices come down in the near future.
“Building partnerships with energy rich nations and exchanging new technologies and best practices with each other is the only way to provide affordable, accessible and sustainable power for all”, he said.
Talking further on the initiatives on reducing the country’s carbon footprint, the Minister said that India has taken a lead in the field of energy efficiency.
He added that currently India has replaced one-third of total old energy inefficient incandescent bulbs and CFL lamps with LED lights which has resulted in a reduction in the carbon emissions of about 80 million tonnes a year and a saving of about 20GW of peak load.
“We have to look at a World beyond Fossil Fuels”, said Goyal, reiterating India’s vision of ‘Achieving Energy Security for India based on Clean Fuels’. fii-news.com
