THE MINISTER OF STATE IN THE MINISTRY OF POWER( SHRIMATI JAYAWANTI MEHTA )
(a) & (b) : The Second Report of the Expert Group under Chairmanship of Shri
Montek Singh Ahluwalia, the then Member (Energy), Planning Commission, was
submitted in July 2001. The Group made recommendations on structural and financial
improvements of the State Electricity Boards (SEBs). However, the Report did not give
state-specific recommendations. It also recommended certain legislative changes that
were not related to its terms of reference. Therefore, the recommendations were referred
to Shri N.K. Singh, the present Member (Energy), Planning Commission.
(c) : The purpose of the Report, as given in its terms of reference, was to
`suggest a strategy for capital restructuring of the State Electricity Boards including the
provision of Structural Adjustment Loans so as to enable them to tide over the present
financial crisis, make them operationally viable and improve their credit rating.`
(d) : The Committee made eleven recommendations on structural
improvements and three on financial improvement of the SEBs.
(e) & (f) : No, Sir. In pursuance of these recommendations and the Report submitted
by Shri N.K. Singh on financing mechanism to sustain power sector reforms in the States,
the Accelerated Power Development Programme is being redesigned as `Accelerated
Power Development and Reforms Programme`, as announced in the Finance Minister`s
budget speech this year.