A much-expected stormy budget session of the Uttar Pradesh legislature will commence tomorrow with the opposition expected to raise issues including the Mahakumbh stampede, Milkipur assembly bypolls and privatisation of the power sector.
Amid a noisy walkout by the opposition, Uttar Pradesh Energy Minister AK Singh clarified in the state assembly on Tuesday that the state plans to develop its power department under the Public-Private Partnership (PPP) model.
The anger of the Uttar Pradesh power employees regarding the privatisation of Purvanchal and Dakshinanchal Electricity Distribution Corporations is increasing and now they have announced a nationwide protest to oppose the decision of the Yogi Adityanath government.
Power is a critical component in achieving the goal of a developed India by 2047, and with the rising demand for electricity, it is essential to simultaneously increase power generation, Union Minister for Power, Manohar Lal said.
Most brokerages anticipate a focus on fiscal consolidation and priorities regarding capital and non-capital expenditure.
Mondol has been with NTPC for over 35 years and has held several key leadership positions across multiple business units.
The Governments will endeavour to take necessary steps to encourage and promote strategic and technical co-operation in the power sector for mutual benefit in the identified areas through the MoU.
Coal Minister Pralhad Joshi had said that the firm will further produce 1 billion tonnes of coal by FY2024.
The total coal offtake at 290.81 mt during this period was 21.81 mt more, registering a growth of 8.1 per cent.
Speaking to reporters on the sidelines of the event, Goyal refuted reports of shortage of coal in Delhi's power plants.
