Power minister Piyush Goyal, who got additional charge of the ministry of mining in Tuesday’s cabinet reshuffle, has set an immediate goal of raising the share of mineral production in gross domestic production (GDP) by one percentage point in two years from 2.4% now. Goyal took charge of the ministry from Narendra Singh Tomar, who has moved to the rural development ministry. Goyal, who also holds the portfolios of coal and new and renewable energy, said he will...

Churning water for generating electricity, India’s largest 1,500-mw Nathpa Jhakri Hydro Power Station, owned and operated by public sector SJVN Limited, is now in the process of improving its own operating standards with higher than targetted and design energy. The power plant has been making the most of water availability in the river Satluj, currently generating in the range of 38 million units of electricity every day against its design capacity of 36 million units which is upto...

To pay his tribute to Lord Venkateshwara Swamy, Union Minister Piyush Goyal visited Tirumala Temple and offered payers. The Lord Venkateshwara Swamy temple is known world over among Hindus for its religious importance. Piyush Goyal was accompanies with his wife and other family members who visited the temple and offered their prayers. His family offered prayers in morning VIP Darshans. Nonetheless, temple employees gave special darshan to Union Minister Piyush Goyal who showed their happiness on the treatment they received....

Hitting back at the Uttar Pradesh government which has been cribbing that they don’t have power since the center is not offering them electricity, Union Minister Piyush Goyal said the central government was providing electricity at a cheaper rate. He was quoted saying that the state government was not ready to purchase it. According to Mr. Goyal, the center was providing electricity at the rate of Rs 2.25 per unit; however, the Akhilesh Yadav government is unwilling to...

The people of Palpur in Uttar Pradesh received the power for the first time in their lives. The experience is transforming their lives. Now they can use electronic appliances like mobile phones, watch TV, use water pumps to irrigate their farms. In short the initiative by the Government of India has brought in happiness in the lives of the villagers. However, some TV news channels are hell bent to distort the reality. Piyush Goyal has given befitting reply...

Supporting Finance Ministry's disinvestment plan for public sector undertakings, Union Minister Piyush Goyal has said his ministry will not reduce the government's stake in power sector PSUs below 51 percent. "Finance Minister can do whatever (as much disinvestment) he wants to do. We will support him. But we will not go for (reducing government stake) below 51 per cent. That is what we had announced for CoaI India and our other PSUs," Power, Coal, New and Renewable Energy...

NEW DELHI: The coal ministry has issued a show cause notice to Anil Ambani-led Reliance PowerBSE -0.39 % seeking reasons for the delay in development of coal blocks attached to the abandoned Tilaiya ultra-mega power project (UMPP). The ministry has also asked Reliance Power why its bank guarantee should not be deducted for violation of the terms of allotment of the Kerandari B&C coal blocks. Reliance Power has been given 15 days to reply. "Tilaiya UMPP project has...