Government's law officers have been forced to rewrite a Supreme Court petition, being prepared for state-run generation utility NTPC, after a dissatisfied company chairman R S Sharma threatened to walk out of a briefing session, according to top government sources.
The briefing session was called on Tuesday evening to finalise NTPC's petition for making it an ‘interlocutor' in the gas row between Mukesh Ambani's RIL and Anil Ambani's RNRL. Sources said Sharma lodged strong protest against the draft petition, saying it did not safeguard NTPC's concerns on the issue of protecting future gas supplies from RIL.
http://timesofindia.indiatimes.com/news/business/india-business/NTPC-forces-govt-to-rewrite-SC-petition/articleshow/4938699.cms
Thursday, March 11, 2010
India Introduces Energy Conservation Bill 2010 in Lok Sabha
A bill to empower the Bureau of Energy Efficiency (BEE) to fix the criteria and procedures for accreditation of energy auditors was introduced in the Lok Sabha on Monday.
A bill to empower the Bureau of Energy Efficiency (BEE) to fix the criteria and procedures for accreditation of energy auditors was introduced in the Lok Sabha on Monday.
The Energy Conservation (Amendment) Bill 2010, introduced by Power Minister Sushil Kumar Shinde, seeks to amend the Energy Conservation Act 2001 to confer power on the BEE to specify the qualifications, criteria and conditions subject to which a person would be accredited as an energy auditor, the Statement of Objects and Reasons of the bill said.
http://abclive.in/environment/energy_conservation_bill_2010.html
A bill to empower the Bureau of Energy Efficiency (BEE) to fix the criteria and procedures for accreditation of energy auditors was introduced in the Lok Sabha on Monday.
The Energy Conservation (Amendment) Bill 2010, introduced by Power Minister Sushil Kumar Shinde, seeks to amend the Energy Conservation Act 2001 to confer power on the BEE to specify the qualifications, criteria and conditions subject to which a person would be accredited as an energy auditor, the Statement of Objects and Reasons of the bill said.
http://abclive.in/environment/energy_conservation_bill_2010.html
Petroleum ministry vows to protect NTPC's interests
The petroleum ministry Friday said it will protect the interest of state power utility NTPC in its ongoing dispute over supply of gas from the Krishna-Godavari fields awarded to Mukesh Ambani-led Reliance Industries. "It has been alleged that the ministry of petroleum and natural gas is seeking to cause loss to NTPC. It is stated that the ministry of petroleum and natural gas is committed to protect the interests of NTPC by all means," the ministry said in a statement issued here.
http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/Petroleum-ministry-vows-to-protect-NTPCs-interests/articleshow/4920491.cms
http://economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/Petroleum-ministry-vows-to-protect-NTPCs-interests/articleshow/4920491.cms
Secretary Power says MOPNG had agreed that NTPC will be supplied gas at USD 2.34 per mmbtu by RIL
No need to wait for Bombay High Court’s case outcome of RIL-NTPC
Secretary Power accuses Ministry of Petroleum (MOPNG) of going back on its commitment
Secretary Petroleum had promised to take NTPC’s ICB discovered price to EGOM
It was a pre-condition to agreeing to MOPNG’s affidavit in Supreme court in RIL-RNRL case
1. Secretary Power his letter dated 3rd March 2010 to Secy Petroleum states:
a. MOPNG had agreed that NTPC will be supplied gas at USD 2.34 per mmbtu by RIL
b. MOPNG will take the proposal to EGOM in this regard
c. MOPNG had agreed that it need not wait for the decision of Bombay High Court in the RIL-NTPC case
d. This was a pre-condition to Ministry of Power agreeing to MOPNG’s affidavit dated 01.12.09
2. In his letter Mr Brahma reminded Secy MOPNG of the discussion at the residence of Solicitor General of India during the briefing of RIL-NTPC case, where Secy MOPNG was present.
3. “It was agreed that MOPNG will put up the proposal for allocation of 12 mmscmd of gas to NTPC at the ICB discovered price(of USD 2.34/ mmbtu)”, states Secy Power.
4. In a astonishing revelation, Secy Power writes that, “on this understanding only, we (Ministry of Power) had agreed to the language of affidavit as proposed by MOPNG and files in Supreme Court on 01.12.2009.”
5. It may be noted that the affidavit of MOPNG was heavily criticized by the RNRL counsel, Ram Jethmalani as being against NTPC’s interests.
6. Mr Brahma’s letter reminded Secy MOPNG that it was decided in the meeting that MOPNG will not wait for the decision of the Bombay High Court in the RIL-NTPC case.
7. It is clear from the letter that MOPNG had agreed that RIL should supply gas to NTPC at USD 2.34 per mmbtu as discovered in the ICB by the public sector company.
Secretary Power accuses Ministry of Petroleum (MOPNG) of going back on its commitment
Secretary Petroleum had promised to take NTPC’s ICB discovered price to EGOM
It was a pre-condition to agreeing to MOPNG’s affidavit in Supreme court in RIL-RNRL case
1. Secretary Power his letter dated 3rd March 2010 to Secy Petroleum states:
a. MOPNG had agreed that NTPC will be supplied gas at USD 2.34 per mmbtu by RIL
b. MOPNG will take the proposal to EGOM in this regard
c. MOPNG had agreed that it need not wait for the decision of Bombay High Court in the RIL-NTPC case
d. This was a pre-condition to Ministry of Power agreeing to MOPNG’s affidavit dated 01.12.09
2. In his letter Mr Brahma reminded Secy MOPNG of the discussion at the residence of Solicitor General of India during the briefing of RIL-NTPC case, where Secy MOPNG was present.
3. “It was agreed that MOPNG will put up the proposal for allocation of 12 mmscmd of gas to NTPC at the ICB discovered price(of USD 2.34/ mmbtu)”, states Secy Power.
4. In a astonishing revelation, Secy Power writes that, “on this understanding only, we (Ministry of Power) had agreed to the language of affidavit as proposed by MOPNG and files in Supreme Court on 01.12.2009.”
5. It may be noted that the affidavit of MOPNG was heavily criticized by the RNRL counsel, Ram Jethmalani as being against NTPC’s interests.
6. Mr Brahma’s letter reminded Secy MOPNG that it was decided in the meeting that MOPNG will not wait for the decision of the Bombay High Court in the RIL-NTPC case.
7. It is clear from the letter that MOPNG had agreed that RIL should supply gas to NTPC at USD 2.34 per mmbtu as discovered in the ICB by the public sector company.
India Opening Power Sector to Private Investment, Coal Still the Fuel of Choice
With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominated by the two state run big companies NTPC (for generation) and BHEL (for equipment manufacturing).
However, a gradual shift is taking place with private players looking to play a bigger role in the country’s electricity generation business. Today, India has about 150,000 megawatts of electric generation capacity. By 2017, the government hopes to more than double capacity to some 330,000 MW, of which some 30% could be owned by private power producers. And while India’s stance toward private investment in the electric sector has changed, it’s stance toward coal has not, and that fact will have a major effect on any attempts at reaching a global consensus on carbon dioxide emission limits.
http://www.energytribune.com/articles.cfm?aid=2518
However, a gradual shift is taking place with private players looking to play a bigger role in the country’s electricity generation business. Today, India has about 150,000 megawatts of electric generation capacity. By 2017, the government hopes to more than double capacity to some 330,000 MW, of which some 30% could be owned by private power producers. And while India’s stance toward private investment in the electric sector has changed, it’s stance toward coal has not, and that fact will have a major effect on any attempts at reaching a global consensus on carbon dioxide emission limits.
http://www.energytribune.com/articles.cfm?aid=2518
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