Untitled - Ministry of Power
Untitled - Ministry of Power
Untitled - Ministry of Power
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approval are :<br />
(i) Hydro - electric power plants<br />
(ii) Coal/lignite based thermal power plants<br />
(iii) Oil / gas based thermal power plants<br />
Delegation <strong>of</strong> environmental clearance:<br />
The following delegations have been made to<br />
the state governments in the matter <strong>of</strong><br />
environment clearance to power projects:-<br />
(I) All co-generation plants and captive power<br />
plants upto 250 MW.<br />
(ii) Coal based plants upto 500 MW using<br />
fluidized bed technology subject to sensitive<br />
area restrictions.<br />
(iii) <strong>Power</strong> stations upto 250 MW on conventional<br />
technology.<br />
(iv) Gas/Naphtha based station upto 500 MW.<br />
A new procedure for getting environmental<br />
clearance for pithead thermal project has also<br />
been laid down.<br />
RENEWED INTEREST IN POWER SECTOR:<br />
Enhancing the confidence level <strong>of</strong> investors:<br />
Government <strong>of</strong> India has been assisting wherever<br />
required, to resolve issues coming in the way <strong>of</strong><br />
implementation <strong>of</strong> these projects. The Electricity<br />
Act, 2003 creates a liberal framework for power<br />
development and has revived interest among<br />
private sector as well as the lending institutions<br />
for making greater investments in the power<br />
sector. Encouraged by the Act, the financial<br />
institutions have indicated availability <strong>of</strong> sufficient<br />
funds for good projects wth viable tariffs<br />
sponsored by credible investors.<br />
Close monitoring <strong>of</strong> IPPs for capacity<br />
addition in the 10th Plan - constitution <strong>of</strong><br />
the Inter-Institutional Group.<br />
<strong>Ministry</strong> <strong>of</strong> <strong>Power</strong> has been closely monitoring<br />
the power projects in the private sector which<br />
are considered possible for early financial closure.<br />
An Inter-Institutional Group (IIG) comprising senior<br />
representatives from the lenders and <strong>Ministry</strong> <strong>of</strong><br />
<strong>Power</strong> has been constituted to jointly appraise<br />
such projects and facilitate financial sanction in<br />
a time bound fashion. Nine power projects with<br />
a total capacity <strong>of</strong> about 2450MW tied up the<br />
financial closure and eight more projects with a<br />
total capacity <strong>of</strong> about 9000MW are being<br />
pursued for early financial closure, possibly by<br />
the 2nd quarter <strong>of</strong> 2004-05.<br />
Baspa HEP - A view <strong>of</strong> the Diversion Barrage in Distt. Kinnaur, across Baspa river at Kuppa, H.P.
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