Comments
The standard bidding documents for case-II auctioning of power plants are ready and are submitted to an Empowered Group of Ministers (EGoM), said Jyotiraditya M. Scindia, Minister of Power (Independent Charge).
“We are waiting for a date from EGoM to clear it,’’ Scindia said while addressing a CII conference on Tuesday.
Ultra mega power projects
The release of latest bidding documents would facilitate awarding of 4,000-MW each ultra mega power projects (UMPP) in Odisha, Tamil Nadu and Chhattisgarh.
In case-II type of bidding, a captive coal block is packaged along with the thermal station for sourcing fuel.
Coal supply shortage
The Power Minister admitted that there is 10 per cent shortage in domestic coal supply at the moment. At the same time, Scindia expects public sector power producer NTPC to sign fuel contracts with Coal India by the “end of next month’’.
NTPC is at loggerhead with Coal India over clauses mentioned in the draft fuel supply agreement. “Hope all FSAs to facilitate 60,000 MW of capacity are signed within three months,’’ he said.
Electricity tariff
According to Scindia, Electricity Distribution Utilities (Discoms) should work in reducing losses to ensure that the tariff hike is minimal.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.