Committee of Secretaries (CoS) to drive next generation of Power reforms…

Update of Meeting of Head Honchos of Indian Power Sector with Hon’able Prime Minister Manmohan Singh…

1. A Committee of Secretaries (CoS) will be constituted under the Principal Secretary Mr. Pullock Chatterjee
2. Secretaries from the Ministries of Power, Petroleum, Coal, Environment and Finance would be a part of the panel.
3. CoS will work out a time bound action plan to chalk out plans for issues related to power sector such as coal and gas shortage, cheap imported coal, hike in power tariffs and will unleash second generation of power reforms.
4. The CoS would work out a 30-day, 60-day and 90-day action plan to address the short and long term concerns of this sector and specially address the issues raised during Wednesday’s meetings.
5. EGoMs would be convened at the earliest by the concerned Ministries  so that decisions are not delayed and policy is not put on hold.

 

Among others who took part in the meeting included the Finance Minister, Pranab Mukherjee, Environment and Forest Minister, Jayanthi Natarajan, Deputy Chairman Planning Commission, Montek Singh Ahluwalia. Prominent industrialists apart from Mr. Ambani and Mr. Tata included L. Madhusudan Rao, Anil Aggarwal, Prashant Ruia and Ashok Hinduja.