【New Delhi】Power minister Piyush Goyal has set up an advisory panel to help evolve a comprehensive policy framework for ensuring integrated development of power, coal and renewable energy sectors.
The committee will be headed by Suresh Prabhu who steered electricity reforms as power minister during the previous NDA regime, and will include experts such as Partho Bhattacharya ( former CIL chairman), RV Shahi ( former power secretary), Anil Khandelwal ( former chairman, Bank of Baroda), Vallabh Bhanshali ( merchant banker), Pratyush Sinha ( former CVC), KK Nohria ( former chairman, Crompton Greaves) and Anil Baijal ( former home secretary)
○India Inc lauds proposal to expedite green nod for CIL’s expansion plans
【New Delhi】The industry has welcomed the government's proposal to expedite environmental clearances for state-owned Coal India’s expansion projects so that the PSU could quickly ramp up production. However, views sharply differ among stakeholders on the proposal to divert e-auction coal for electricity generation.
Deepak Amitabh, chairman, Power Trading Corporation India(PTC), told FE, “Since long-term structural reform of the coal sector will take time, diversion of e-auction coal is a positive move in the short-term.”
But, on the other hand, Kameswara Rao, leader, mining, energy and utilities, PricewaterhouseCoopers, did not find much merit in the proposal. According to him, the proposal to divert e-auction coal is a zero-sum game, so while the expected 3% diversion in e-auction will help supply 3,000 mw additional capacity, it would leave some segments of small industries and cement stranded for want of coal. Price realised by CIL from e-auction of coal is almost double what it gets from linkage customers.
【News source】
Goyal forms panel for integrated plan for power and coal sectors
India Inc lauds proposal to expedite green nod for CIL’s expansion plans
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