In order to attract investments, government has asked all states to provide power to industries at a fixed rate like Rs 4, Rs 4.5 or Rs 5 per unit for 10 or 15 years, as country was producing sufficient power so state governments should offer uninterrupted power to attract industries.
Power Minister Piyush Goyal has said that Industries need uninterrupted power. If we can guarantee power, investment will come for industries. Therefore, I would like to request all members to persuade their respective state governments to offer regular power to industries for a fixed rate over a long-term period.
According to the Central Electricity Authority (CEA), energy shortage countrywide was reduced to 2.1 per cent during 2015-16, which is the lowest in last two decades. While during the current fiscal April 2016 to June 2016) it has further reduced to 0.9 per cent. The power supply position is monitored by CEA and it has been observed that demand-supply gap exists in the states and UTs despite availability of adequate power in the country. Goyal said that the reasons for this demand-supply gap are sub- transmission and distribution constraints, high aggregate technical and commercial losses and poor financial condition of state distribution utilities because of which they cannot procure required power from the market.
The minister further said that during the 12th Plan (2012-17), capacity addition of about 86,565 MW from conventional sources and about 19,500 MW from renewable sources have been achieved and that 89,813 circuit km of transmission lines and 2,66,033 Mega Volt Amp (MVA) of transformation capacity have been completed till June 30 this year.