The Tamil Nadu government has taken steps to expedite the commissioning of various power projects in order to meet the growing demand, Deputy Chief Minister O Panneerselvam said here today.
The government has added 10,777 MW of power generation capacity since 2011 which made it possible to meet the peak demand of 15,343 MW in April 2016, he said while presenting the budget in the state assembly.
"The government is taking efforts to expedite the commissioning of ongoing power projects to meet the growing demand for power in the State," he said.
Giving details on the status of various power projects, he said the works are in progress for the 660 MW Ennore expansion project, 800 MW North Chennai Project Stage-III, two units of 800 MW each in Uppur project and two units of 660 MW each in Stage-I in Udangudi project.
"This government is steadfast in its efforts to tap the full potential of the state in the renewable energy sector and is continuously pursuing with the union government for the development of a dedicated Inter-State Green Energy Corridor to transmit surplus wind energy to energy deficit states," he said.
Panneerselvam said the state-government owned Tamil Nadu Energy Development Agency would enter into an MoU with public sector Energy Efficiency Services Ltd.
"This step is expected to expedite the investments of Rs 11,000 crore in the renewable energy sector over the next three years," he added.
Panneerselvam said an amount of Rs 13,964.08 crore has been provided for the energy sector in the budget 2018-19, which includes Rs 7,537.78 crore as power subsidy for agriculture and other purposes.
New Textile Policy ===================
Panneerselvam said in a move to focus on sunrise sectors, the government would soon come with a "integrated textile policy."
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
