The Union Minister of State for Power Jyotiraditya M. Scindia has stated that the power transmission sector was opened up for private sector participation through mandatory competitive bidding with certain exemptions as per Tariff Policy notified by Government of India on January 6 in 2006 and the Gazette notification on July 8 July in 2011.
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Tag: Jyotiraditya M Scindia
Scindia seeks gas supply to power generation at lower rate
The Ministry of Power has submitted its views on the recently approved price formula for domestic gas, saying that a base price beyond 5$/mmbtu will be unviable for the power sector in the present context, said Minister of State for Power Jyotiraditya M. Scindia in a written reply in the Lok Sabha recently.
NTPC Darlipali project in Odisha is acquiring land: Govt
The Union Minister of State for Power Jyotiraditya M Scindia told the the Rajya Sabha recently that the upcoming Darlipali Project (2x800 mw) in Odisha is in the process of land acquisition by the State government. The process of environment and forest clearance of the project as well as its linked Dulanga coal mine from Ministry of Environment of Forests (MoEF) is also in progress.
Govt divests stake in NTPC
Government of India has divested 9.5 per cent stake of National Thermal Power Corporation (NTPC) through Offer for Sale (OFS) mechanism. After the completion of OFS on February 11, governmentÂ’s equity holding in NTPC has now come down from 84.50 per cent to 75.00 per cent, said the Union Minister of State for Power Jyotiraditya M. Scindia in a written reply in the Rajya Sabha recently.
Rs 87,176 cr needed for adding 10,897 mw hydro power
The Minister of State for Power Jyotiraditya M Scindia said in Rajya Sabha on March 19 that the generation target from various conventional hydro sources for the first year i.e. 2012-13 of the 12th Plan period has been fixed as 122.045 billion unit (bu). Hydro generation of 104.937 bu has been achieved against the target of 114.048 bu upto February, 2013.