BENGALURU: Seven states, including Karnataka, signed a Memorandum of Understanding (MoU) for 24x7 power supply for all under the Uday Scheme of the Centre here on Saturday.
After inaugurating Elecrama-2016, a showcase event of the electrical sector, Union Minister of State with Independent Charge for Power, Coal, New and Renewable Energy Piyush Goyal spoke about the opportunities in the electrical industry of the country in the immediate future.
“The industry needs to ramp up its capacities in transformers, switches and Light-emitting diode (LED) lights among others,” the minister said.
“A large scale procurement will be initiated by the Central and state governments,” Goyal said.
Further, he hinted that the quality of products needs to be world class.
“The industry needs to be benchmarking itself against the best in terms of qualitative and quantitative aspects. Also, the government has set an objective of providing electricity to all villages within two years,” Goyal stressed.
These MoUs will help in strengthening the financial health of the state electricity boards, he added.
More than 700 people attended the event.
Energy Minister D K Shivakumar, power secretary P K Pujari and coal secretary Anil Swarup were present.