Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Chinese imports, UDAY-2 top on agenda of state power ministers’ meet on Friday.


Date: 03-07-2020
Subject: Chinese imports, UDAY-2 top on agenda of state power ministers’ meet on Friday
Union Power Minister R K Singh will discuss with his state counterparts a range of issues, including Chinese imports and UDAY scheme, during a meeting called on Friday.  The meeting, which is organised almost every year to discuss key issues pertaining to the power sector, will take stock of the progress made by states on central schemes.

The meeting, to be held virtually this year, assumes more significance as it is being organised at a time when there is a growing clamour for boycott of Chinese goods. It must be noted that there is a significant volume of imports of power sector equipment from China.  “Import of power and renewable energy equipment particularly solar is a key issue which is listed on the agenda for discussion in the energy ministers meet on Friday,” a source said.

Last week, Power Minister Singh in an interview to PTI had raised concerns about security threat from Chinese equipment. Singh said that India will check all power equipment bought from China for malware and Trojan horses that can be potentially used to trigger electricity grid failures to cripple economic activity in the country.

India has put in place stringent quality control measures and planned higher tariffs on goods from China to boost domestic manufacturing, the minister said.”We have reports that malware and Trojan horse can be installed which can be activated remotely to bring down the power sector and the economy,” he said.

“So we have decided, because it is a sensitive sector, whatever equipment are made in India, we will purchase them. And those that are not made in India, we will import but check thoroughly to rule out the presence of any malware or Trojan horse,” Singh had said.

India’s power sector had faced cyberattacks, a majority of which reportedly originated from China, Singapore, Russia and the Commonwealth of Independent States (CIS) countries. Singh had also said that a committee was set up under the Central Electricity Authority to examine the cyber threat and the panel had said “it is a real live threat.”
During Friday meeting, the new version of UDAY scheme for revival of discoms would also be discussed. The Centre had launched Ujwal DISCOM Assurance Yojana (UDAY) in November, 2015.

The scheme envisaged financial turnaround, operational improvement, reduction of cost of generation of power, development of renewable energy and energy efficiency and conservation. The other issue to come up for discussion on Friday is Electricity Amendment Bill, 2020 which was circulated for feedback in April this year.

It drew flak from some corners with claims that it would infringe upon the rights of states, encourage privatisation and would not be in interest of consumers. However dismissing these claims, Singh had said last week that these are canards and reforms in power sector is the last challenge left. The meeting would also discuss about the Renwable Purchase Obligation (RPO) for clean energy. The performance of Rs 90,000 crore liquidity infusion package would also be taken up in the meeting.

Source:- financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 01-12-2022
Notification No. 101/2022 - Customs (N.T.)
Exchange rate Notification No. 101/2022-Cus (NT) dated 01.12.2022-reg

Date: 01-12-2022
Notification No. 40/2022-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty on production of Petroleum Crude.

Date: 01-12-2022
Notification No. 41/2022-Central Excise
Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022, to reduce the Special Additional Excise Duty on Diesel.

Date: 30-11-2022
Notification No. 100/2022-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 29-11-2022
No.98 /2022-Customs (N.T.)
Amendment of notification no. 47/2022–Customs (N.T.), dated the 31st May, 2022

Date: 29-11-2022
NOTIFICATION No. 99/2022-Customs (N.T.)
Amendment of notification number 48/2022-Customs (N.T.) dated the 31st May, 2022

Date: 25-11-2022
NOTIFICATION No. 61/2022-Customs
Seeks to amend certain specific FTA/PTA notifications.

Date: 23-11-2022
NOTIFICATIONNo. 23/2022 – Central Tax
Seeks to empower the Competition Commission of India to handle anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022.

Date: 23-11-2022
NOTIFICATION No. 24/2022 – Central Tax
Seeks to make fourth amendment (2022) to CGST Rules with effect from 01.12.2022.

Date: 18-11-2022
Notification No. 58/2022-Customs
Seeks to amend Notification No. 27/2011- Customs, dated the 1st March, 2011 in order to withdrawal export duty on iron ore & steel products.



Exim Guru Copyright © 1999-2022 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001