In December 2014, the government of India launched the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) with the objective of electrifying all un-electrified villages as per the Census of 2011, which is the latest report covering the demographic, social, and economic data of India.
The rural-electrification scheme was launched in 2017
Excerpted from ‘Anchoring Change: Seventy-Five Years of Grassroots Interventions That Made a Difference’, edited by Vikram Singh Mehta, Neelima Khetan and Jayapadma R.V., with permission from HarperCollins India.
Installed under the Mini-Grid Policy, a power unit that illuminated rural households in Madarnagar in Bangarmau block lies in shambles due to lack of maintenance and indifference of all stakeholders.
Village electrification done, it’s time for universal access. The road is tough. But a mix of policy and fiscal interventions can turn the dream into reality
In that context, the Central Government is expected to further augment the budgetary allocations towards its flagship schemes - Deendayal Upadhayaya Gram Jyoti Yojna (DUGJY) and Integrated Power Development Scheme (IPDS).
Geojit is bullish on Rural Electrification has recommended buy rating on the stock with a target price of Rs 145 in its research report dated March 19, 2018.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finserv, REC and Kolte-Patil Developers.
IL&FS Engineering and Construction Company today announced receiving letter of intent for Rs 149 crore rural electrification work in Uttar Pradesh.
According to a report in the Business Standard, a second version of the app - GARV II - will soon be launched as officials have told the newspaper that the Rural Electrification Corporation (REC) is in the final stages of designing the upgraded app.
Stating that government's aim is to provide electricity for all citizens irrespective of BPL or APL criterion, Union Minister Piyush Goyal today said states are free to use any data they want for implementing rural electrification project.
The Centre will stop funding states that are found indulging in irregularities in procurement of material for its flagship schemes for rural electrification and urban upgradation of power infrastructure, Power Minister Piyush Goyal warned on June 16
Prime Minister Narendra Modi and most of his ministerial colleague are expected to attend an event at India Gate to be hosted by mega star Amitabh Bachhan on May 28 to mark the second anniversary of the government.
Piyush Goyal's Power Ministry is one of the standout performers in the Narendra Modi government's tenure so far.
The government is organising the event-- 'Zara Muskura Do' (Smile Please)-- which will have several performances and programmes highlighting its "achievements".
CNBC-TV18 and Mint in a show titled Budget Verdict: The Infra Ministerial spoke to the ministers — in charge of various infrastructure-related portfolios — to understand the steps that have already been taken to push growth and in line with Budget 2016
However, as CNBC-TV18's Budget Caravan made its way through Bihar‘s Gaya district, they found bright spots that can be an inspiration for other villages as well as policy makers.
Bajaj Electricals has secured fresh orders worth Rs 518 crore in the Engineering and Projects (E&P) division.
Siddhartha Nigam – Partner, Lead Advisory, Grant Thornton India LLP, speaks on what ails India's power sector and why we lag when it comes to harnessing renewable energy sources
Tata Mutual Fund has slashed its exposure in food & beverages, cement & construction and automotive sector, while decreased its weightage in utilities, pharmaceuticals and tobacco space.
ABB India, reported a jump in Net sales of 29% at Rs 1726 crore for the quarter ended September 2011 compared to Rs 1334 crore last year. Profit after tax (PAT) shotup substantially 93% at Rs 22 crore compared to Rs 11 crore last year.
Tata Mutual Fund decreased its weightage in metals & mining, pharmaceuticals and engineering & capital goods space, while enhanced its exposure in cement & construction, oil & gas and consumer non-durables.
While in the market today, power stocks are zooming ahead on the positive sentiment sent across, there is a question on whether the willingness will be backed by framework. However, HD Khunteta, CMD of Rural Electrification, in his exclusive interview with CNBC-TV18, remains confident on the measures.
Pick Power Finance and Rural Electrification, says Phani Sekhar, Fund Manager, Angel Broking.