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Top executives of power cos to meet Pulok Chatterji on Feb 22

Last Updated: Monday, February 20, 2012 - 19:13

New Delhi: Top executives of private power companies are likely to meet Prime Minister's Principal Secretary Pulok Chatterji on Wednesday to discuss the follow-up action to help fuel-starved power plants.

The meeting comes close on the heels of the government announcing that Coal India would sign 20-year fuel supply agreements for power projects, a move that would be a major relief for the fuel-starved power sector.

Sources said that top industrialists, including Reliance Power's Anil Ambani, Tata Power's Cyrus Mistry and Adani Power's Gautam Adani, are expected to meet Chatterji on February 22.

The meeting would be a "follow up" to the discussions on power sector woes, held last month with the Prime Minister, various other Ministers and top officials on January 18, they noted.

The executives are also likely to meet Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday, sources said.

Hinduja Group's Ashok Hinduja and Jindal Steel & Power's Naveen Jindal are also likely to attend the meetings.

The meetings with Chatterji and Ahluwalia would be co-ordinated by the Association of Power Producers (APP) Director General Ashok Khurana. APP is a grouping of 22 private power companies.

Various issues including acute fuel scarcity, high coal prices, delay in green clearances and funding problems were discussed during the meetings on January 18.

The Prime Minister's Office (PMO) on February 15 said that Coal India would sign fuel supply pacts for power projects for a period of 20 years. The decision was taken at the meeting of Pulok Chatterji-headed Committee of Secretaries (CoS) constituted by the Prime Minister to look into issues impacting the power sector.


First Published: Monday, February 20, 2012 - 19:13
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