India improves in ‘ease of getting electricity’ ranking; now at 26th spot
May 12, 2017, 12:06 IST
India improved its position in the global 'ease of getting electricity' ranking and moved up by 73 ranks at 26th position.
The compounded annual growth in power prices in the 2014-16 period stood at 3.27% against 5.94% through the last 10 years between 2004 and 2014.
In 2014, India was at 99th spot. The game changed after Prime Minister Narendra Modi-led government boosted rural electrification programme in the last three years.
Also, solar power tariff went below coal-fired power for a project at Bhadla solar park in Rajasthan, recently.
"India is taking rapid strides in terms of commitment and target for promoting energy conservation and efficiency. Traditionally India's stand has been what the world was ready to do to help us go green. Finally, we are able to tell the world that we will do whatever it takes to improving our pollution levels to meet the challenges of climate change, irrespective of what the world does," said India’s Power Minister Piyush Goyal.
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The compounded annual growth in power prices in the 2014-16 period stood at 3.27% against 5.94% through the last 10 years between 2004 and 2014.
In 2014, India was at 99th spot. The game changed after Prime Minister Narendra Modi-led government boosted rural electrification programme in the last three years.
Also, solar power tariff went below coal-fired power for a project at Bhadla solar park in Rajasthan, recently.
"India is taking rapid strides in terms of commitment and target for promoting energy conservation and efficiency. Traditionally India's stand has been what the world was ready to do to help us go green. Finally, we are able to tell the world that we will do whatever it takes to improving our pollution levels to meet the challenges of climate change, irrespective of what the world does," said India’s Power Minister Piyush Goyal.
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