COMMITTEE TO MEET NEXT WEEK TO DECIDE RELIANCE POWER SUBSIDIARY’S COAL NEEDS

NEW DELHI: An inter-ministerial panel will meet next week to examine and recommend the actual or maximum requirement of coal by Reliance Power’s arm Sasan Power. “Chairman, IMC has been pleased to grant September 2, 2016 (Friday) as the date for convening the meeting,” according to the meeting notice. This meeting, which was earlier scheduled for August 24, had to be postponed because of some unavoidable circumstances. The six-member panel headed by Chairman of Central Electricity Authority, which was set up in April has members from power and coal ministries. Coal Controller and Director (Technical), CMPDIL are also members of the committee. The terms of reference of the committee are to examine and recommend the maximum requirement of coal per annum for Sasan Power Ltd based on the actual station heat rate, gross calorific value and plant load factor, the memorandum added. The committee will also examine the actual performance of Sasan power plant on Station Heat Rate vis-a-vis projected by them in their bid document and ascertain the reasonableness of the difference between claimed one end and actual achievement, it said. Reliance Power had earlier said that its arm Sasan Power Ltd, which runs a 4,000-mw ultra mega power project, has received Coal Ministry’s nod to produce 17.20 mtpa coal from Moher & Moher Amlohri extension mines. Coal Ministry had earlier directed Sasan Power Ltd to limit annual coal production at 16 mpta.