India Economic Conclave 2014: Entire country to have 24x7 power supply by 2019, says Power Minister Piyush Goyal

NEW DELHI: The country will have 24X7 supply of power throughout its length and breadth by 2019 on the line of Gujarat, MP and Chhattisgarh, Power Minister Piyush Goyal today assured.

"Come 2019, just like Gujarat , Madhya Pradesh and Chhattisgarh, the whole of India will get benefits of 24X7 power," Goyal said at the ET Now India Economic Conclave.

He further added that getting stranded and stressed assets back on stream was the government’s motto. The government was also focussing on renewable sources of energy to address power sector issues.

Goyal said that the issue regarding the 1200 MW Teesta hydro power project which had been stranded for some time has been resolved and the same would be finished soon.

"I am happy to tell friends here that Teesta which is a project of strategic importance in Sikkim with 1200 MW of hydropower has got resolved in one and a half meeting. . . Very soon we will get it into finishing," he said.

Listing the government’s plans of augmenting Coal India’s production to a billion tonnes in five years and addressing the sector woes through e-auction of mines, Goyal said that the government’s aim was to stop coal imports.

The government was also looking at major amendments in policy framework in the tariff and electricity act and also working on a new renewable energy policy, he added.