India’s private power policy was announced in October, 1991 in the wake of several policy initiatives and changes that took place in the field of business, trade and industry. The private power policy was an outcome of the anxiety due to huge shortage was estimated to be of the order of about 10% and peaking shortage of the order of about 18%. Since the recourses from the government as also from the existing organization would not have been adequate to make up these gaps, the Government of India formulated the policy to attract private sector investments in power generation projects. This was done by making amendment to the Indian Electricity (Supply) Act 1948.
B. POLICY NOTIFICATIONS AND CLARIFICATIONS
Following the amendment to the Act, the Government notified a comprehensive guideline on setting up private power projects, covering issues like norms for tariff, power purchase agreement, etc. these guidelines were further flowed by a number of other policy papers viz. a) provision of counter guarantees for eight fast track power projects, b) MOU route replaced by international Competitive Bidding (ICB),c) Exemption from ICB for expansion project ,d) captive power project policy, e) Liquid fuel policy, f) Barge mounted power project policy, g) Policy for participation in Renovation and Modernization of old power plants, h) policy on co-generation plant, i) Model power purchase Agreement .
These policy papers were aimed at encouraging developers, streamlining the procedure and expenditing the process including financial closure and commencement and completion of project construction activities.
C. OUTCOME
The response to and outcome of all these policy initiatives in the last eight years have, however, been somewhat cautiou...
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...) Coal based plant up to 500 MW using fluidized bed technology subject to sensitive areas restrictions, c) power stations up to 250 MW capacity on conventional technology , and d ) Gas/ naphtha based power plant up to 500 MW capacity
J. CRISIS RESOLUTION GROUP
The Government of India has set up a crisis Resolution group (CRS) under the chairmanship of the Union Minister of power with members from the Ministry of power, Finance, Coal , Environment ,Railway Board, CEA at the level of secretary to the Government. Of India and also from Indian Financial Institutions. The objective of this group is to take care of the “last mile” problems of those projects which are very near finical closure but are stuck of in view of a few difficulties. This group had its first meeting in January, 1999 and identified 18 such projects to provide necessary coordination and assistance .
In May of 1787, 55 white wealthy males drifted into Philadelphia to work on the Constitution.
Critics of the revised agreement charged that the revisions were very minor, failed to fix the fundamental problems of the project, and in fact exacerbated those problems. The revised agreement expanded Phase I of the project from 695 megawatts to 740 megawatts and committed the state to both Phase I and the 1,320 megawatt Phase II portion of the project. As the Maharashtra St...
All of us would love to have personal power, the power to manifest our dreams, the power to remain calm and loving in the face of fear, and the power to stay centered in ourselves in the face of attack.
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The ministry of coal determines all the policy and regulation regarding the depth of exploration, amount and place of the exploration, production, supply and the market sales price. Because of the government bureaucracy resistance and the delays in institutional changes hinders the coal sustainably. Non privatization policy resists the competition in the market and limits the performance enhancement. Corrupt governance...
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To shift Pakistan’s energy system into decentralized state we have to face the challenges and proper management for distribution of energy to the system. The main barriers for decentralized state are: