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Govt to ensure power price at Rs 3/unit: Piyush Goyal

Target set irrespective of source in medium term; minister rules out tariff hike for farmers

I have given states an offer they can't refuse: Piyush Goyal
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BS Reporter New Delhi
Ruling out any tariff hike for farmers, Piyush Goyal, Minister of State for Coal, Mines, Power, New & Renewable Energy said the government's aim is to ensure power at Rs 3 per unit, irrespective of source in the medium term.

“100Gw of stranded and stressed assets have been revived through policy reforms and resource mobilisation. Power demand has increased by 6.5 per cent last fiscal, even as India became power surplus for the first time,” said Goyal at the 2017 Annual Session of the Confederation of Indian Industry (CII).

He said two years of coal reforms have led