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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Showing 482 Submission(s)
Prakhar Gupta 37 minutes 50 sec ago

it is very much clear to all that solar energy is harmful to us also and very much useful for us also because with the solar energy we can save electricity and invest solar energy in all the works for television mobile phones and all we don't have to use electricity we save electricity by solar energy using of solar energy so make the facility is make the the Power High of solar energy. thanks

VNavinmitiran 7 hours 40 minutes ago

Utilisation of Reverse Photosynthesis Plants in India in a Macro scale.
Amplification of the concept by the name Bio Lamps could be established

YourName dalip Kumar Chhatwal 7 hours 57 minutes ago

We must promote renewable resources for generation of energy in agriculture sector because they are misusing the consumption of power.

VNavinmitiran 8 hours 25 minutes ago

Hon'ble Prime Minister of India.
My humble thoughts with you.

1. Basic forefront is to The INDIA With "UNIFICATION OF POWER SYSTEMS"
(Thermal, Geothermal, Solar, Wind,v HEP, etc ) with the application of Transformers into SMART GRID.
Technologically, Similar to WiFi the SUPPLY OF POWER Could be Introduced similar to Groundstation(towers) in each houses silimar to D.T.H At Homes from Satellites.
Reinforcement Thought could be established.

Pranav 8 hours 28 minutes ago

We need to use renewable sources of energy instead of non renewable... WE have to use public transport for the sake of our environment.

Akashdeep Shukla 18 hours 8 minutes ago

All the Street Lights Should be Solar Energy based So that a 24*7 wastage of Electricity can Be controlled. Offer Compensation to big companies for using Renewable Energy resources. Police Stations and Fire Stations should use Solar energy based equipments for saving resources. Government should Dedicate a Independent Portal for Renewable Energy. its the need of the hour.

Prashant Vanave 21 hours 46 minutes ago

we all know we are committed to Paris agreement and no doubt we best expert in the world . renewable energy is the way foreword but we are still depending on coal energy approximately 70%.....activists are just do activities on road but not help in how to do. out problems and challenge are different let's accept that. jai hind.