Union Energy Minister voices worries on free electricity initiatives

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Union Energy Minister voices worries on free electricity initiatives

Synopsis

Union Energy Minister Prahlad Joshi raised alarms about free electricity schemes offered by states, citing their economic implications. He advocated for sustainable energy solutions, emphasizing the PM Surya Ghar Yojana as a potential alternative. Rajasthan's commitment to renewable energy was highlighted during a recent meeting on energy strategies.

Key Takeaways

  • Concerns over free electricity schemes
  • PM Surya Ghar Yojana as a sustainable alternative
  • Importance of affordable energy access
  • India's rising energy demand
  • Rajasthan's achievements in renewable energy

Jaipur, Jan 21 (NationPress) Union Energy Minister Prahlad Joshi on Tuesday expressed concerns regarding states offering free electricity, labeling it a politically motivated initiative that imposes a considerable economic strain on the nation.

During a regional review meeting on renewable energy convened by the Ministry of New and Renewable Energy in Jaipur, Joshi remarked, “I am not targeting any particular state, but this practice is not sustainable in the long term. Rather than providing free electricity, we should enable consumers to gain access to affordable power at home and contribute excess energy to the grid to assist in fulfilling the country’s energy requirements.”

Joshi pointed to a possible solution, referencing the PM Surya Ghar Yojana, which he referred to as a transformative initiative for states currently offering complimentary electricity.

He proposed that if these states allocate their subsidy resources into this program, consumers could benefit from 25 years of electricity without the burden of bills. This would also relieve the financial pressure of annual subsidy expenses on state governments.

He went on to emphasize the growing energy demand, attributing it to India's swift economic advancement.

“India is on a trajectory to become the world’s third-largest economy. With 65 percent of our population being young, our production and manufacturing capabilities are enhancing,” he stated.

He also noted India's accomplishments in the export of steel and toys, mentioning the increasing global interest in India's Green Hydrogen Project, with 50 percent of its demand originating from international markets.

“The world is turning its attention to India, and every state should capitalize on this opportunity,” he added, stressing that renewable energy is essential for safeguarding the planet for future generations.

Joshi highlighted that the cost of solar energy has dropped significantly from ₹11 per unit to ₹2.15 per unit in Madhya Pradesh, showcasing India’s advancements in renewable energy.

He also mentioned the Pradhan Mantri Solar Urja Ghar Yojana and PM Kusum Yojana, which aim to deliver solar energy to every household through government subsidies, ensuring energy sustainability by 2032.

By 2032, Rajasthan is expected to double its energy production.

Rajasthan Chief Minister Bhajan Lal Sharma, who attended the event, commended the state’s achievements in renewable energy.

“Rajasthan is at the forefront of renewable energy production. The state not only meets its own energy needs but also provides power to other states,” Sharma stated.

He shared that solar panels have been installed in 2,500 households, with intentions to enhance contributions to wind energy in the near future.

Sharma concluded by reiterating Rajasthan’s dedication to promoting renewable energy and ensuring energy self-sufficiency for the nation.