Union Power and Coal Minister Piyush Goyal on Sunday said the government has asked Bharat Heavy Electricals Ltd (BHEL) to find a design to modify the power plants, running on imported coal, set up in the past.
"We have to find solution to change all the imported coal based power plants. I am telling BHEL to find a design to modify the imported coal based power plants that were set up in the past," he said, noting that there was perpetual shortage of coal in the past.
"The country and the Planning Commission, instead of finding a solution to the shortage and increase the domestic coal production, did design plants based on imported coal.The country gave business to foreign countries to sell coal to India," he said at the sidelines of the 115 th annual general meeting of MCC Chamber of Commerce.
He also said that the Narendra Modi government has been trying to increase domestic coal production and to replace the imported coal by domestic coal.
Criticising the Planning Commission's work in the power sector, the Minister said the sector was "not planned appropriately".
"Planning Commission work was inadequate and inappropriate. Today, we have landed up in a situation that we have surplus capacity in power generation. The Commission had never got their job right," he said.
Goyal said that states should be empowered to make their own plans. In the NDA government regime, the centre "would not direct states for investments in the power sector".
"It is an economical decision that the states, private players and central PSUs will take based on their assessment of demand and supply," he said.
Emphasising on renewable energy, he said the renewable energy, in the long run, would always be preferred source. The green power would be "available at an attractive price in the futurea and price of other sources of energy would go up.
"By 2030, 40 per cent of country's installed capacity will be from renewable sources - wind, solar and hydel. It will also help the country in reducing carbon dioxide emissions for which India is committed to," he said.
--IANS
bdc/vd
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
