Govt planning huge thrust to revive biofuel, hydro power: Piyush Goyal

Minister says will try to woo international companies to invest in India, leaves door open to both debt or equity inflows

I have given states an offer they can't refuse: Piyush Goyal
Piyush Goyal

Piyush Goyal, Minister or state with independent charge for power, coal, new and renewable energy, admitted at the Make in India, Mumbai edition that biofuel and hydro power had taken a bit of a backseat recently, but added that there would be a big thrust to get them going again. “We ask ourselves: can we do away with petroleum products for biofuel?” said Goyal. He said solar and wind had matured “to a level in India” and the focus of his ministry will now be on biofuel. “Now, we want an end-to-end solar manufacturing base in India,” added ...