Taking over the reins of the Power Ministry at a time when it is steeped in crisis, Veerappa Moily will have to address the issues ranging from the failure of the three grids that plunged 21 states into darkness, to fuel shortages and the financial health of the distribution companies.

"I always like challenges in life...these things (electricity transmission and fuel issues) are very sensitive rather hyper sensitive in the sector, problems will crop up at the same time how we combat these problems that becomes a challenge," Moily said.

"We are very much capable...capacity has been built... that is not the end of the journey we need to do more that is why we are here, he added.