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Post GST, you will see prices falling: Piyush Goyal

Stressed power assets can be a source of low-cost electricity, replacing costly supplies, says power, coal, renewable energy and mines minister Piyush Goyal. In an interview with ET , he also said the goods and services tax (GST) had rolled out smoothly and that it will end corruption and create jobs. Excerpts: What is the outlook for stressed assets and the ultra mega power projects? In both, I have no role to play on the face of it. There's no licensing, no power ministry approvals. At the same time, as an Indian, I do recognise these are assets where banks have lent money, investments have been made. They will ultimately generate power the country certainly needs. In many cases, I also recognise that some of them could be (stressed) for .....

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