Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Rs 22,000 crore earmarked for power, renewable energy sector in FY 21  

PTI
Updated: February 1st, 2020, 13:24 IST
in Business
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi:  The government Saturday proposed a Rs 22,000 crore outlay for renewables and power sector in 2020-21 for realising its goal of 24X7 electricity for all and providing freedom to consumers to choose service provider and tariff.

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 urged all states to convert the conventional electricity meters into pre-paid smart meters in next three years so as to provide consumers a choice of service providers and rate of electricity.

Also Read

CITU Odisha

Odisha: CITU stages protest against 10-hour workday extension

20 hours ago
Donald Trump

US to impose 25% tariffs on imported trucks from Nov 1: Trump

20 hours ago

Pre-paid smart meters save cost of manual metering, billing and collection and improve efficiency of this public service. Last month, the power ministry asked states to reduce power tariff of consumers having smart metres.

“I propose to provide Rs 22,000 crore for power and renewable for 2020-21,” said Sitharaman in her Budget speech in the Lok Sabha.

She was of the view that taking electricity to all households was the major success of the government.

She was referring to Saubhagya scheme under which 2.66 crore families were provided electricity connection. At present, except some households in difficult areas and Maoist-hit districts, power connection has been provided to all willing households.

The minister also proposed to provide Rs 4,400 crore for a programme to ensure cleaner air in cities with population of over one million by measures such as shutting down older thermal power plants.

She told the House that the land of the shut down thermal power plants can be used for alternate purposes.

She also said the environment ministry would notify parameters for providing benefits to states opting for the scheme.

All those thermal power plants whose emissions are more than pre-set level can be closed down by states.

She also talked about the stress of discoms but did not specifically mention about any new or revised scheme for revival of debt-laded power distribution utilities in the country.

Earlier this week, Power Minister R K Singh said an improved version of UDAY, meant for revival of discoms and ensuring 24X7 power, may be announced in Union Budget for 2020-21.

“We asked for a new (UDAY) scheme. We had discussions with the finance ministry… I am optimistic that the new scheme will find a place in Budget,” Singh had said.

The power minister had also said, “it would be great if the scheme finds a place in Budget because it will address the requirements of the distribution companies(discoms)… for ensuring 24X7 power supply.”

The government launched Ujwal Discom Assurance Yojana (UDAY) in November 2015 to bring about operational and financial turnaround of debt-laden discoms.

Singh had also indicated that unlike the earlier practice of having multiple schemes, the Centre would channelise all efforts through one scheme, and states would have to reduce the losses of discoms to get all the benefits.

The Centre is contemplating to combine the features of UDAY,  Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) and Integrated Power Development Scheme (IPDS) under an umbrella programme.

The power minister had also said UDAY was not a failure as losses of all discoms were reduced to around 18 per cent from 22 per cent in the three-year turnaround period against the targeted 15 per cent in the scheme.

(PTI) 

Tags: BudgetBudget 2020Nirmala SitharamanPowerrenewable energy
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019

Archives

Editorial

Chinese H-1B

Pic- IANS
October 7, 2025

When US President Donald Trump’s administration in a new fiat, made the coveted H-1B visa available to foreigners at a...

Read moreDetails

Toxic Syrup

Cough syrup
October 6, 2025

Drug adulteration is a major scourge in India where an unholy nexus of the all-powerful pharma industry and unscrupulous doctors,...

Read moreDetails

List of Lowlights

October 5, 2025

At the end of every year, the organisation I represent puts out a report on human rights in India. This...

Read moreDetails

Double Standards

DILIP CHERIAN
October 4, 2025

When the screen at Prime Minister Modi’s rally in Banswara went dark for ten minutes, the fallout was swift: Rajasthan’s...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST