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.
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Energy: Promote captive power
A greater emphasis on captive generation needs to be given. As per CEA a nominal 19,509 MW of captive power capacity exists. Lowering of state and central taxes would give a boost to captive producers.
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Coal shortage to hit power addition plan
Shortage of coal is expected to impact the country's new capacity addition plans to the tune of 15,000 MW in the current fiscal.
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New transmission lines with private participation
The Empowered Committee of the Ministry of Power for deveÂlopÂment of inter-state tranÂsmission lines has recommÂended setting up of five new transmission lines with an estimated length of 2,600 km through tariff-basÂed competiÂtive bidding
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Power Min to issue norms for ailing utilities
The Ministry of Power is working on a set of guidelines to help state electricity boards (SEBs) cut their losses, estimated at a cumulative Rs 68,000 crore.