Wind developers have realised the importance of transparent method of price discovery, which was demonstrated in the solar sector. They realise that bidding brings in efficiency, and tariff is right-sized. Piyush Goyal Read Quote
Under Prime Minister Narendra Modi, we are looking to make India self-reliant in terms of power requirement, along with providing carbon-free sources of power, thus improving India’s position globally. Piyush Goyal Read Quote
I do not think the Nobel institution gives you a certificate that everything you say is always right. Piyush Goyal Read Quote
If you are moving the informal economy into the formal economy, and if the transactions which for years were never reported as part of GDP are now transacted through banking channels, it will only add to the GDP, not reduce the GDP. Piyush Goyal Read Quote
I can’t tell my people that you will get power only from 6 A.M. to 5 P.M., and after that, we live in darkness. You need 24-hour power; you need a baseload, and that baseload for India is coal. We are looking at clean coal technologies to reduce the impact of pollution. Piyush Goyal Read Quote
Western countries can cut down coal and replace it by renewables; I will need to have more coal. Piyush Goyal Read Quote
I like to set aggressive targets; without them, you will get ordinary performances. Piyush Goyal Read Quote
I am still fairly confident we will come out better than the West in terms of our overall development versus damage. Piyush Goyal Read Quote
I’m not crying over surplus capacity… Surplus capacity is good for India. Surplus capacity means we can get more investors, can get more households and promise them 24/7 power. Piyush Goyal Read Quote