Distributive policy

Minister Emphasizes Political Action, Cooperation to Ensure 24/7 Quality Power, National Grid Cybersecurity, Energy News, ET EnergyWorld

New Delhi: Challenges related to 24-hour quality power supply, national grid cybersecurity and renewable energy integration can be addressed through political action and cooperation of all stakeholders, Energy Minister RK Singh said Friday. The Union Minister inaugurated the “Conference of State Ministers/UTs of Energy and Renewable Energy” in Udaipur, according to an official statement.

According to the statement, Singh said, “We have achieved universal access to electricity. However, existing challenges such as the continued availability of quality electricity 24/7, cybersecurity of the national grid , renewable energy integration, etc. must be addressed through political action and through collaboration and cooperation with all stakeholders.”

Singh highlighted the achievements made in recent years in the electricity sector in terms of excess generation capacity, development of the national grid, universal access to all households and improved supply to rural areas. He also congratulated all the dignitaries for their objective support and contribution.

It was pointed out (by the Minister) that over the past 4-5 months the demand for electricity has increased by approximately 11%.

But the government has managed to meet demand even at a time when there is a global energy crisis, Singh said, adding that coal prices have risen internationally but “we have managed to keep prices electricity under control”.

According to the statement, it was informed that India is the only major economy whose shares are in line with limiting the global temperature rise to less than 2 degrees. India’s per capita emissions are only a third of the global average. However, developed countries are 3 to 5 times the world average.

It has been pointed out that our demand is expected to double by 2030, for which huge capacities will have to be added, which in turn will require huge capital investments.

Capital investments would also be needed to modernize electrical systems and promote new technologies like green hydrogen, storage, offshore wind, etc. to help India achieve its energy transition trajectory.

To that end, it is absolutely imperative that discoms (power distribution companies) across the country follow prudent and sustainable financial practices to ensure they are viable, Singh said.

The Minister also requested the cooperation of the States to achieve the ambitious objectives which have been set for the electricity sector.

The State/UT Energy and Renewable Energy Ministers Conference is being held from 14-15 October 2022 in Udaipur, Rajasthan. The inaugural session was chaired by Singh.

The Union Minister of State, Krishan Pal Gurjar was also present at the event.