1. Energy efficiency crucial for both growth & environment: Power minister RK Singh

Energy efficiency crucial for both growth & environment: Power minister RK Singh

While stating that the peak demand for power has to be met through coal-based electricity, power minister RK Singh said energy efficiency plays an important role, especially in a developing nation like India, in keeping a balance between achieving growth targets and taking care of the environment.

By: | New Delhi | Published: September 27, 2017 5:45 AM
Saubhagya, RK Singh, power minister, ESCert trading, renewable power generation, coal-based electricity Launching the trading of energy saving certificates (ESCerts) on Tuesday, Singh added that the government would not compromise on growth, and it is on track to have a 175 GW of renewable power generation capacity by 2022. (IE)

While stating that the peak demand for power has to be met through coal-based electricity, power minister RK Singh said energy efficiency plays an important role, especially in a developing nation like India, in keeping a balance between achieving growth targets and taking care of the environment. Launching the trading of energy saving certificates (ESCerts) on Tuesday, Singh added that the government would not compromise on growth, and it is on track to have a 175 GW of renewable power generation capacity by 2022. “We have to improve the quality of life of our citizens and that requires energy,” he said. The minister said the ESCert trading is an effective way to cut emissions as it makes viable business sense for the industry.

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