Political Intervention has ceased with Yogi at helm in UP PPAs and Bidding Documents in Power Sector need a re-look, say Chairman, UPERC at PHD Chamber

Political Intervention has ceased with Yogi at helm in UP PPAs and Bidding Documents in Power Sector need a re-look, say Chairman, UPERC at PHD Chamber

Political Intervention has ceased with Yogi at helm in UP PPAs and Bidding Documents in Power Sector need a re-look, say Chairman, UPERC at PHD Chamber

No.PR-154

February 7, 2018

New Delhi

Political Intervention has ceased with Yogi at helm in UP

PPAs and Bidding Documents in Power Sector need a re-look, say Chairman, UPERC at PHD Chamber

Chairman, Uttar Pradesh Electricity Regulatory Commission (UPERC), Mr. Suresh Kumar Agarwal on Wednesday claimed saying “ever since Yogi Aditya Nath has taken over as Chief Minister of UP, he has left the fate of power sector in the State to its corporation and that there is no political intervention in functioning of the power corporation”.

He also added emphasizing “with the new administration at the helm, there is absolutely no political interference wherever in the State, the corporation authorities are taking punitive actions in favour of recovery of power dues, that is  the perceptible change one can notice in the power sector of UP”.

Addressing a National Energy Conclave under aegis of PHD Chamber of Commerce and Industry here today, Mr. Agarwal informed that in the forthcoming mega investment summit, the government of UP would showcase its power strength to investors by way of declaration that it is going to set up solar plants to the tune of 1000 mw across the State and that the State would permit open access to power consumers in industrial sector and that it would also strive to make sure that inter-state open access is permitted in the State.

Mr. Agarwal while elaborating on national issues expressed concern stating that even after launch of UDAY, the overall conditions of Discoms have hardly improved as these continue to struggle on financial front and that these still suffer financial losses that they have hardly any money to improve upon their infrastructure.

The Chairman, UPERC also called for an introspection of policy decisions taken in the last one decade and sought improvements in the Union Power Ministry’s recent guidelines saying that bidding process and power purchase agreements need a complete overhaul to enable generators of power to produce power and sell it appropriately.

The overhaul in the bidding documents and PPAs would also channelize generators and power producers to solve their past problems and even court related disputes, felt Mr. Agarwal adding that currently 30,000 to 40,000 mw of power is lying idle on account of inefficient infrastructure.

Among others who were present on the occasion endorsing Mr. Agarwal’s observations comprised Chief Engineer, Renewable Energy Sources Development, CEC, Mr. Ashok Kumar Rajput; Chairman and Co-Chairman, Energy Committee, PHD Chamber, Mr. Rajeev Kumar Mathur and Mr. R C Agarwala including its Principal Director, Dr. Ranjeet Mehta who moderated the Conclave.

Ends.

Koteshwar Prasad Dobhal

Consultant (PR)