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Our Bureau

Hyderabad , July 29

THE CII-Sohrabji Green Business Centre has proposed to develop at least five world-class power plants, with a view to helping the Indian power sector to reach global standards.

Announcing this here, Mr P.K. Kukde, Chairman of the summit, said the Electricity Act would offer great opportunities for making Indian power plants world class.

He was speaking at the inauguration of the two-day summit being organised by GBC with theme of `Making Indian power plants world class.'

Mr Kukde, who is also Executive Director of Tata Power Company Ltd, said world-class power plants addressed factors like availability, reliability, cost of supply and environmental concerns.

The summit was a beginning towards CII's efforts to promote the concept of world-class power plants, he said.

Mr K. Sreerama Murthy, Chairman of AP Electricity Regulatory Commission said the theme of the conference was crucial for the country, as it would pave the way for reducing the cost of power. He felt that all modes of power generation should be encouraged in order to meet the target set by the Planning Commission to achieve an installed capacity of 2.83 lakh MW by the end of Twelfth Plan. He said tapping captive power generation sources could ease local demand loads.

The CII has said that it was not opposed to free power scheme announced by the Andhra Pradesh Government.

According to Mr Y. Harish Chandra Prasad, Co-Chairman of Power Plant Summit 2004 and Managing Director of Lanco Kondapalli Power Private Limited, said that free supply should be regulated.

Addressing at the inaugural of the second edition of the summit, he observed that only licensed bore wells should be considered for the purpose.

In his presentation, Mr Anjan Debghosh, Head of Power Sector Ratings of ICRA, said that ability to withstand competition was one of the key challenges for the power players. "Maintaining cost competitiveness and operational efficiency hold the key," he said.

More Stories on : Power | Andhra Pradesh | Industry Associations

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