TMI BlogEnergy Sector given due Importance in Budget 2014-15Ultra-Modern Super Critical Coal Based Thermal Power Technology Scheme to be Launched Measures Taken to Provide Adequate Quantity of Coal to Power Plants Ultra Mega Solar Power Projects to be Set UpX X X X Extracts X X X X X X X X Extracts X X X X ..... Energy Sector given due Importance in Budget 2014-15Ultra-Modern Super Critical Coal Based Thermal Power Technology Scheme to be Launched Measures Taken to Provide Adequate Quantity of Coal to Power Plants Ultra Mega Solar Power Projects to be Set Up - News and Press Release Dated:- 10-7-2014 - News - The Union Finance Minister Shri Arun Jaitley, while presenting the General Budget 2014-15 in Pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rliament today, has announced several initiatives for strengthening energy sector. Power The Finance Minister has proposed to allocate an initial sum of ₹ 100 crore for preparatory work for a new scheme Ultra-Modern Super Critical Coal Based Thermal Power Technology to promote cleaner and more efficient thermal power. Coal The Finance Minister Shri Jaitley also ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... announced comprehensive measures for enhancing domestic coal production with a stringent mechanism for quality control and environmental protection. Measures will be initiated to provide adequate quantity of coal to power plants which are already commissioned or would be commissioned by March, 2015 to unlock dead investments. New Renewable Energy The Finance Minister Shri Jaitley has pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oposed to take up Ultra Mega Solar Power Projects in Rajasthan, Gujarat, Tamil Nadu and Laddakh in J K. A sum of ₹ 500 crore is allocated for this purpose. He also allocated a sum of ₹ 400 crore for launching a scheme for Solar Power driven agricultural pump sets and water pumping stations. An additional amount of ₹ 100 core is set aside for the development of 1 MW Solar Parks ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the banks of canals. Implementation of Green Energy Corridor Projects will be accelerated in this financial year to facilitate evacuation of renewable energy across the country. Petroleum Natural Gas The Finance Minister has announced the initiation to accelerate production and exploitation of Coal Bed Methane reserves. The possibility of using modern technology to revive old or clos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed wells will also be explored to maximize the production. The Finance Minister Shri Jaitley stated that the usage of Piped Natural Gas will be rapidly scaled-up in a mission mode as it is clean and efficient to deliver. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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