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May 19, 2013
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power companies
Deepak Parekh headed power panel to meet next week
A panel headed by HDFC Chairman Deepak Parekh will meet next week with the representatives of Tata Power, Adani Power and state distribution companies to break the logjam over increase in electricity tariff from power plants being fed with imported coal.
Fewer power cos may import coal via CIL due to higher cost
"Out of the 36,000 MW capacity projects for which the government has mandated Coal India to import coal on cost plus basis, less than 10 percent are willing to import coal through the utility," a Power Ministry official said.
'Power cos should decrease tariff if global fuel prices fall'
R V Shahi, former Power Secretary and a power sector expert, said the compensatory tariff is a variable tariff and it should be revised both ways.
Power cos may import 82 MT of coal in 2013-14: CEA
Power generation utilities are likely to ship in over 80 million tonnes of coal during the current financial year to feed the import fuel-based projects and bridge the shortfall in domestic production.
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