India likely to have lesser power cuts
After witnessing a surge in output at Coal India, it seems that India is likely to experience lesser power cuts this summer. The surge has helped generators amass record stocks.
This helped Modi with a turnaround as he had to deal with a power crisis within months of becoming prime minister last May.
The reasons for this power surge which helped recover a six-year low hit in October are fast track mine approvals, tighter production oversight and more flexibility in coal sales.
This change in power situation has strengthened Modi’s pitch to voters as the state leader who gave the people round the clock power to Industrial Gujarat.
The government data indicates that there are 28 million tonnes of coal in power stations, an increase of 38 per cent from last year, as Modi prepares to mark his first year in the office to fulfil a poll promise to give power to all the 1.2 billion population of India by 2019.
K.Raja Gopal, the head of the thermal power business at construction, power and real estate giant Lanco Infratech has stated that the power situation in India is improving a lot.
He uses the example of Coal India output as an example to show that the situation is improving.
Photo by Randy Laybourne on Unsplash (Free for commercial use)
You may also like
Image Reference: https://unsplash.com/photos/bnpbiUaOeXI
Recent Posts
- Econscious redefines sustainable fashion with style and purposeeconscious was founded with a mission to craft high-quality apparel that respects the planet and its people.
- Why good credit scores alone can’t guarantee a loanKnow why your credit application may still be rejected and how you can address these issues.
- Air quality hits hazardous levels in Delhi NCRThe Delhi government has declared the situation a medical emergency and stressed the need for urgent action.
- Econscious redefines sustainable fashion with style and purpose
What’s new at WeRIndia.com
News from 700+ sources
-
Scream 7 casts 1883s Isabel May to play Sidney Prescotts daughter
-
The best noise-canceling earbuds I’ve tested are $70 off ahead of Black Friday
-
Get a refurbished Amazon Fire Tablet for as little as $10 with this Black Friday deal
-
India is crucial for Fast Retailing aim to become 10 trillion yen company, says Uniqlo executive
-
Lil Wayne, GloRilla and Camila Cabello to headline college football concert series in Atlanta
-
India, Australia sign air-to-air refuelling agreement strengthening military ties
-
WeRIndia – A News Aggregator
Visit werindia.com for all types of National | Business | World | Politics | Entertainment | Health related news and much more..
Leave a Reply