PM Modi calls for improvement in financial sustainability of power sector
The Prime Minister emphasised on improvement in overall performance of the power sector
Instead of looking for a one-size-fits-all solution, the Ministry of Power and the Ministry of New and Renewable Energy should put in place state-specific solutions to incentivize each state to improve its performance, Prime Minister Narendra Modi said this while reviewing the performance of these two ministries last evening.
As per a press release issued by the Prime Minister’s Office on Wednesday, Prime Minister Modi emphasized the need to enhance consumer satisfaction while increasing operational efficiency, and improving financial sustainability of the power sector.
He pointed out that the problems in the power sector, especially of the electricity distribution segment, vary across regions and states.
Prime Minister Modi, according to the press release, advised the Ministry of Power to ensure that the DISCOMs publish their performance parameters periodically so that the people know how their DISCOMs fare in comparison to the peers. He also pointed out that equipment usages in the power sector should be made in India.
Regarding New and Renewable Energy, the Prime Minister emphasized the need for a holistic approach for the entire supply chain of the agriculture sector ranging from solar water pumps to decentralized solar cold storages.
He also emphasized an innovative model for rooftop solar and desired that each state should have at least one city (either a capital city or any renowned tourist destination) to have a fully solar city through rooftop solar power generation. Stress was also laid on ecosystem development for manufacturing of ingots, wafers, cells and modules in India, which would also help generate employment in addition to various other advantages.
The Prime Minister also talked about expediting the plan for making Ladakh a carbon neutral while emphasizing for drinking water supply in coastal areas by harnessing the solar and wind energy.