Industry & Economy
-
Power
Power Tariff Policy to be finalised soon
Our Bureau
New Delhi
,
April 26
THE Government is close to finalising its long-pending Power Tariff Policy, which would be placed before the Union Cabinet in about a couple of weeks time, the Power Secretary, Mr R.V. Shahi, said here today.
Speaking on the sidelines of the CII Infrastructure Summit, Mr Shahi also said the post of Chairman of the Appellate Tribunal for Electricity is likely to be filled shortly.
The Centre, under the provisions of the Electricity Act 2003, has to establish an Appellate Tribunal for Electricity to hear appeals of stakeholders against the orders of Electricity Regulatory Commissions. He said the Government was working on fixing a date for the swearing-in ceremony, since it should done either by Chief Justice of a High Court or judge of the Supreme Court.
Favouring the setting up of regulators for the coal and gas sectors, the Secretary said there was need to continue with the regulatory mechanism in the power sector as there still existed a demand-supply gap favouring the sellers. On the issue of untapped captive power potential in the country, he said: "there is a lot of untapped potential which should be tapped to correct the mismatch."
He said electricity from captive power, with a potential of 40,000 MW, to grid would help alleviate shortages in the different parts of the country.
Article
E-Mail
::
Comment
::
Syndication
::
Printer Friendly Page
|
