At COP26 held in 2021 in Glasgow, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, to reducing emissions by 1 billion tonnes by 2030.
Total outstanding dues of distribution companies (discoms) were at Rs 1,39,947 crore in June 2022, Power Minister R. K. Singh said in a reply to the Lok Sabha. "With the implementation of the rules, a remarkable improvement has been seen in recovery of outstanding dues. The dues have reduced to Rs 49,452 crores after timely payment of eighteen (18) monthly installments as on 31.01.2024," he said
Officials of Ministry of New & Renewable Energy, Ministry of Steel and industry representatives from the iron and steel sector participated in the deliberations. The Union Power and New & Renewable Energy Minister said that the funds available under the mission should be used to develop technology for integration of hydrogen in steel making.
India Business News: Domestic coal production and supply have led to a 40% dip in coal imports for blending at power plants in the April-December period. Despite a 10% increase in thermal generation, coal import for blending decreased to 17 million tonnes from 28.7 million tonnes in the previous corresponding period. This indicates a reduced dependence on imported coal for power generation in India.
RK Singh: One major distinguishing feature between a developing and a developed country is that in a developed country, there is no load shedding, the minister was quoted as saying in a release by the Power Ministry.