Shri Satyender Jain (Hon’ble Minister for Power of Delhi) said, "We are cognizant to the national target of providing "24X7 power supply" with a "no power cut" regime, and we have taken up various initiatives of its own With the aim to benefit the poor to bring down their electricity costs, we will be treating connections up to 5 KW in the residential areas under the 'domestic category'- this will help the small shop owners and cottage enterprises established in residential areas. Jain said during ‘11th India Energy Summit’ organized by Indian Chamber of Commerce.
Mr. Jain further said “I congratulate the chamber for its dedicated service towards the growth and development of the nation and I also wish them all the best for their future endeavors. I thank all the knowledgeable panelists and dignitaries present in the session for their kind attention and I look forward to the meaningful deliberations of the subsequent speakers."
Also present at this summit – Mr. Gireesh B Pradhan, Chairperson & Chief Executive, Central Electricity Regulatory Commission (CERC),GOI, Mr. Ravindra Kumar Verma, Chairperson, Central Electricity Authority, Ministry of Power, GOI, Mr. Debasish Banerjee, CEO, Reliance Energy, Mr. Gopal Saxena, Director, BRPL & BYPL, Mr. Anil Razdan (Retd. IAS), Former Power Secretary, GOI & Chairman, ICC National Expert Committee on Energy, Mr. Pankaj Batra, Member Planning, Central Electricity Authority, Ministry of Power, GOI, Mr. Sunjoy Joshi, Director, Observer Research Foundation, Mr. Amal Kumar Sinha, CEO, BSES Rajdhani Power Limited, Ms. Vartika Shukla, Executive Director, Engineers India Limited & so many experts was present at the 11th India Energy Summit.
The energy sector remains key to the economic growth of India. The Government realizes this, and in context of various reform measures introduced by the Central Government, the structure of the power sector in India has undergone radical changes in recent years. The good news is that the accelerated pace of generation capacity addition over the past few years has led to a situation where in the electricity supply potential is greater than the economic demand, a scenario witnessed never before in the history of the Indian electricity sector. The total installed capacity of power stations in India is 330,260.53 Megawatt (MW) as on May, 2017. We have also been witnessing changes in the energy mix due to enhanced policy focus on climate change, energy security concerns, etc., due to which the penetration of renewable electricity (currently, renewable comprises of 16.1 percent total installed capacity, especially from solar energy (accounting for 2.9 percent), has been increasing steadily and is projected to grow much faster in the coming years.
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