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Clear dues of Rs 2.5 lakh crore to energy technology companies: PM Modi tells states

2 min read

By PTI

NEW DELHI: Prime Minister Narendra Modi on Saturday requested the state governments to clear energy sector firms’ dues that are estimated at round Rs 2.5 lakh crore.

The Prime Minister regretted that the state governments are but to clear subsidy commitments amounting to Rs 75,000 crore to energy firms.

About Rs 2.5 lakh crore of firms engaged in electrical energy technology and distribution are caught, he mentioned whereas talking on the closing operate of the ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ occasion.

Recalling the times of energy shortages, the Prime Minister mentioned that over the past eight years, about 1,70,000 MW of electrical energy technology capability has been added.

Power is important for the event of the nation, he mentioned, including the nation wants “Rashtraneeti’ and not ‘Rajneeti”.

India, he added, is among the many prime 4-5 international locations of the world by way of put in photo voltaic capability and likewise has one of many world’s largest photo voltaic crops.

Earlier, the Prime Minister laid the inspiration stone of 735 MW Nokh photo voltaic challenge in Rajasthan, Green Hydrogen Mobility Project in Leh and Kawas Green Hydrogen Blending with Natural Gas challenge in Gujarat.

The plant in Leh would produce inexperienced hydrogen for automobiles. Modi additionally launched Revamped Distribution Sector Scheme and National Solar rooftop portal.

NEW DELHI: Prime Minister Narendra Modi on Saturday requested the state governments to clear energy sector firms’ dues that are estimated at round Rs 2.5 lakh crore.

The Prime Minister regretted that the state governments are but to clear subsidy commitments amounting to Rs 75,000 crore to energy firms.

About Rs 2.5 lakh crore of firms engaged in electrical energy technology and distribution are caught, he mentioned whereas talking on the closing operate of the ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047′ occasion.

Recalling the times of energy shortages, the Prime Minister mentioned that over the past eight years, about 1,70,000 MW of electrical energy technology capability has been added.

Power is important for the event of the nation, he mentioned, including the nation wants “Rashtraneeti’ and not ‘Rajneeti”.

India, he added, is among the many prime 4-5 international locations of the world by way of put in photo voltaic capability and likewise has one of many world’s largest photo voltaic crops.

Earlier, the Prime Minister laid the inspiration stone of 735 MW Nokh photo voltaic challenge in Rajasthan, Green Hydrogen Mobility Project in Leh and Kawas Green Hydrogen Blending with Natural Gas challenge in Gujarat.

The plant in Leh would produce inexperienced hydrogen for automobiles. Modi additionally launched Revamped Distribution Sector Scheme and National Solar rooftop portal.