4,000 MW available in exchanges at around Rs 2 per unit: Goyal

Image
IANS New Delhi
Last Updated : Jul 04 2016 | 6:32 PM IST

With the power demand in summer at a peak, Power Minister Piyush Goyal said on Monday that electricity is available at exchanges across India, and without network congestion, at rates around Rs 2 per unit.

"Summer afternoon power check: 4,144 MW available at Rs.2.13/unit across India," Goyal said in a tweet.

"Check vidyutpravah.in," he added.

This site, notifying availability of electricity and its price, says a surplus 4,144 MW is currently available at power exchanges at the average market clearing price of Rs 2.13 per unit.

The minister also said power generation growth has risen to 9.5 per cent this year so far, as against 5.65 per cent during the ten-year period from 2004 to 2014.

The power generation growth was recorded at 5.65 per cent between 2004 to 2014, 5.02 per cent in 2012-14, 7.03 per cent in 2014-16 and 9.5 per cent in 2016-till date, Goyal said in another tweet.

"87% reduction in energy shortage in just two years (110 million units to 14 million units) vidyutpravah.in," he tweeted.

Meanwhile, the power ministry announced on Monday that a total of 152 villages in nine states were electrified during the week ended July 3 under the Deen Dayal Upadhyaya Gram Jyoti Yojna rural electrification programme.

At the state power ministers' meeting held in Goa last month, the central and the state governments resolved to meet the target of taking electricity to all villages by the end of this year, ahead of the original deadline of May 1, 2018.

--IANS

bc/vd

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 04 2016 | 6:20 PM IST

Next Story