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PM to meet power bigwigs

Energy talk

New Delhi, Jan. 15: Prime Minister Manmohan Singh will meet leading power producers this week to discuss policy constraints and steps to boost generation.

Officials said the government was concerned about the slow growth in generation and was keen on addressing the issues as the sector was vital for economic growth.

Some of the leading private power producers such as Ratan Tata (Tata Power), Anil Ambani (Reliance Power), Gautam Adani (Adani Power), G.M. Rao (GMR Infra), Madhusudhan Rao (Lanco Infratech) and heads of state-owned firms such as NTPC, NHPC will attend the meeting.

“We have set an ambitious target of 9 per cent annual growth in GDP in the Twelfth Five-Year Plan (2012-17). This will require our energy consumption to also increase rapidly,” Singh has said.

The Planning Commission has set a capacity addition target of 100,000 megawatts (MW) for the Twelfth Plan. It had targeted to add 78,700MW capacity during the Eleventh Plan (2007-12), which was subsequently revised to 62,000MW, of which only 42,000MW had been added till November.

Singh said coal-fired plants would continue to be the primary source of electricity for some time. Around 55 per cent of India’s 1.83 trillion megawatt of installed power capacity are fuelled by coal.

 
 
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