State will have surplus power by 2017: CM

State will have surplus power by 2017: CM

Chief Minister Siddaramaiah on Thursday exuded confidence that Karnataka would have surplus power by 2017 as a number of electricity projects had been initiated across the State.

 

“The State government has initiated several power projects to generate 18,000 MW across Karnataka in conventional and non- conventional sectors and they are in different stages of implementation,” Siddaramaiah said after inaugurating ‘Elecrama-2014’ (11th International Exhibition of Electrical and Industrial, Electronics Industry) here. “Karnataka will, in all probability, be a surplus power state by 2017.” 

He also spoke about the distribution measures that had brought down losses, and highlighted steps taken to reduce inefficiency in the system to improve customer service. “This, in turn, would give an opportunity to manufacturers to supply quality equipment at reasonable prices.” Urging the manufacturers to set up base in the State, Siddaramaiah mentioned the “achievements” of the State in promoting a favourable business climate.  

Devendra Chaudhary, Additional Secretary, Union Ministry of Power, announced a slew of future plans of the Centre. “In the 11th Five Year Plan, we had 55,000 MW of power. In the 12th year plan, we will (almost) double this to 100,000 MW, and to another 100,000 MW in the 13th Five Year Plan,” he said. 

In the renewable energy sector, Chaudhary said, there were plans of an eight-billion dollar deal for evacuation of power and other supporting infrastructure. As part of this initiative, the Prime Minister’s Office had evinced interest in setting up 100,000 MW of solar power sources, he added. The weaknesses to be overcome were the perceived slow (and stagnant) growth of the sector at seven per cent and the uneven playing field for the domestic sector vis-à-vis foreign sector, he said. 

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry