Amitabh Kant urges to ban old fossil fuel-based Gensets.

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Amitabh Kant
Amitabh Kant

Stressing on robust steps to reform power sector, Niti Aayog CEO Amitabh Kant on Tuesday pitched for a ban on the use of fossil-fuel primarily based Gensets, says that the govt has to know before a court order six months down the road.

Amitabh Kant also created a case for phasing out over 25-year-old coal primarily based on thermal power plants, making of the open access power market, industrial coal mining and promoting renewables. He also stated that “In the planned Electricity change Bill, the client would be ready to switch service providers in electricity sector also like they are doing in telecommunication services. We need to clearly point out the power plants which are more than 25 years old. NTPC, BHEL and some others may not like it, but this is necessary.

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Earlier, the Union cabinet had approved industrial mining visible of coal shortage within India that is additionally plaguing power sector. On the performance of states under UDAY scheme, he said, “Power made should be sold at the proper price.

While some states like Andhra Pradesh, Gujarat, Maharashtra, and Himachal Pradesh have done well. There are alternative states that have done terribly bad. Jharkhand, Tamil Nadu, Telangana, Uttarakhand, Jammu, and Meghalaya have done very poorly. “If you are doing the analysis we want to shame these states. We tend to learn the art of naming and shaming states.

The future lies in battery and storage. The price of the battery that nowadays is at $276 per Kwh, is probably going to return all the way down to $70 Kwh in the next four to five years. This suggests the price of an electric automobile is going to be nearly at par with combustion fuel cars.”

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