(a) whether private power producers have sought key changes in the
bidding guidelines for power projects to insulate developers from unforeseen
business risks;
(b) if so, the details thereof; and
(c) the reaction of the Government thereto?
(a) whether private power producers have sought key changes in the
bidding guidelines for power projects to insulate developers from unforeseen
business risks;
(b) if so, the details thereof; and
(c) the reaction of the Government thereto?
MINISTER OF THE STATE IN THE MINISTRY OF POWER (SHRI K.C. VENUGOPAL)
(a): Yes, Madam. Private power producers have sought key changes
in the bidding guidelines for power projects to insulate developers from
unforeseen business risks.
(b) & (c): The changes in the bidding guidelines sought by power producers
include fuel availability risk of domestic coal, price risk due to change in prices
of fuel in coal exporting countries, delay/denial in environment & forest
clearance pertaining to coal blocks etc. A committee has been set up in the
Ministry of Power in response to the references received from stakeholders.