The Comptroller Auditor General's report on ultra mega power projects UMPPs has slammed the government for letting project developers dictate terms to it. The report identifies lack of transparency and fair play from the time of awarding contracts and appointment of consultants to the time of execution of these projects, which are ostensibly aimed at providing cheap electricity. The report says RPL made profits worth Rs 29, crore with a net present value of Rs 11, crores as the empowered group of ministers EGOM allowed the diversion of surplus coal from one of the three coal blocks allocated to RPL to its other 3, MW power project in Chitrangi tehsil of Singrauli district in Madhya Pradesh. UMPPs employ super critical technology, which involves deriving high steam turbine power in lower steam temperatures. The Ministry of Power MoP conceived these projects in
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It is constituted under the rules of procedure and conduct of business in the Lok Sabha, and has members from both the houses of Parliament. It is quite an exhaustive list of questions. CAG also recommended a review of the allocation of the Chhatrasal coal blocks for the Sasan project.
According to the original bidding norms, coal meant for one UMPP could not be used for other projects owned by the successful bidder. The panel has spelt trouble for the United Progressive Alliance government before with its audit into second-generation 2G spectrum allocation.
Demand for coal in India is expected to grow from million tonnes per annum mtpa to mtpa in , with the projected local availability at mtpa in that year. The government wants to set up 16 UMPPs to meet the needs of the country. India has a power generation capacity of , HT Media is contesting the case.
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CAG report on power tabled, Reliance Power reacts
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Reliance Power asks CAG to drop audit note on 'undue benefits'
It is constituted under the rules of procedure and conduct of business in the Lok Sabha, and has members from both the houses of Parliament. It is quite an exhaustive list of questions. CAG also recommended a review of the allocation of the Chhatrasal coal blocks for the Sasan project. According to the original bidding norms, coal meant for one UMPP could not be used for other projects owned by the successful bidder.
Parliamentary panel studying CAG report on power projects
Home Archive Frontpage. CAG trims coal diversion loss estimate. The Comptroller and Auditor General CAG has softened its stance on the diversion of surplus coal from the Sasan and Tilaiya mines, saying the bid documents permitted such diversion, which was also in line with the coal ministry guidelines. The CAG had triggered a controversy last October, saying the governments decision to allow Reliance Power to divert surplus coal from these captive mines violated bid guidelines and entailed a windfall gain of R1. It now says the gain could be only R15, crore. The CAG has now said although the bid document had spelt out how to use surplus coal from these captive mines, the confusion occurred because the allotment letter did not specify usage parameters upfront.
CAG slams government over ultra mega power projects