Renewable energy sector issues to be addressed: Piyush Goyal

Government has installed a renewable power generation capacity of 31,600 MW

Update: 2014-08-05 14:49 GMT
the government is trying to balance all interests ensuring finally that consumer gets quality power at affordable price; Union Power Minister, Piyush Goyal ( Photo: AP)

New Delhi: The government is trying toaddress issues in the renewable energy sector by balancing all   interests and ensuring that consumers get power at an    affordable price, said Union Minister, Piyush Goyal. The Minister of State for Power, Coal and New and Renewable Energy also said that the country's energy security   concerns need to be addressed.  

"There have been concerns about renewable power obligations not being met or not being enforced. There are concerns about domestic manufacturing not being able to scale    up... We are trying to address these various issues," Goyal said at a conference . According to him, the government is trying to balance all interests ensuring finally that consumer gets quality power at affordable price.  The renewable energy sector is grappling with various issues.

These include non-compliance by entities in following the renewable purchase obligations in the power sector.  Various efforts are underway to boost the domestic renewable energy sector. "It is adjoined upon our nation to look at renewables  more seriously to see if we can expand more rapidly... I hope that within the five-year term of this government, we will put    India right on top of the world map of renewable energy," the    minister said.   

Currently, India has an installed renewable power generation capacity of more than 31,600 MW.  Speaking at a conclave on renewable energy, Goyal    asserted that there would be no budget restriction on research and development activities. "I have said that any amount of people who need to go and study abroad, do some joint research abroad and get ideas for    improving our labs, absolutely there will be no restriction.   

"I will personally approve any travel that you want to organise for scientists... to learn from ideas internationally," he added.

Similar News