The government on Wednesday approved the proposal to pool domestic gas with imported Regassified Liquefied Natural Gas (RLNG).
This would help revive 31 gas-based power plants that are on the verge of closing down, and add 75 billion units of power to the country’s network.
Union power minister Piyush Goyal told reporters after a meeting of the Union Cabinet that the move would help to keep power tariff affordable. He said the government plans to support distribution companies (discoms) through the Power System Development Fund (PSDF), which is aimed at grid stability and security.
Most of the dysfunctional power plants are in the southern states. States and banks would not forego any tax revenue, and it is a win-win situation for all, the minister claimed.
The cabinet chaired by Prime Minister Narendra Modi also approved a slew of proposals that includes developing 101 inland waterways as national waterways for navigation, and ways to improve the e-Kranti project that seeks to achieve the target of Digital India.
Developing inland waterways as national waterways (NW) for navigation will create a logistic supply chain with intermodal (rail, road and waterways) connectivity.
E-Kranti is an important pillar of the Digital India programme, and ensure delivery of all government services electronically through integrated and interoperable systems. This is expected to bring efficiency, transparency and reliability of such services at affordable costs.
The programme management structure approved for Digital India would be used to monitor the implementation of e-Kranti, and also to provide a forum to ascertain views of all stakeholders, overseeing implementation, resolving inter-ministerial issues and ensuring speedy sanctions for projects.