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September 4, 2012

Steps being initiated by GoI for the power sector…

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Power India found that, Government of India (GoI) is considering to initiate several attempts in order to bridge the demand and supply gap of power sector.

  • Close monitoring of capacity addition for the under construction projects
  • Thrust on import of coal by utilities
  • Development of ultra mega power projects
  • Strengthening of inter-state and inter-regional transmission capacity to optimally utilise power and reduce the losses in transmission and distribution

 

As per GoI, Coal India is also planning to acquire coal resources abroad.

 

For that purpose, International Coal Ventures Ltd (ICVL), a special purpose vehicle set up by the GoI, would work for acquisition of foreign coal assets/mines/companies to meet the current and growing requirements of the country.

 

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