Power advisory panel meet on Aug 14

Members of the committee include Tata group's Cyrus Mistry, Reliance Power's Anil Ambani, SBI chief Pratip Chaudri, ICICI Bank chief Chanda Kochhar

The high level advisory panel headed by Power Minister Jyotiraditya Scindia, which is looking into various problems faced by the sector, will meet on August 14.

The committee, which has so far met seven times, would discuss "futuristic amendments" in the Electricity Act, Scindia said here today.

"The panel has a clear agenda. We are looking at different pieces of the puzzle of the power sector. The next meeting is on August 14," he told reporters on the sidelines of a conference organised by industry body Ficci.

The advisory panel has discussed various issues related to coal, gas, hydro power and transmission, among others.

Members of the committee include Tata group's Cyrus Mistry, Reliance Power's Anil Ambani, SBI chief Pratip Chaudri and ICICI Bank chief Chanda Kochhar.

Meanwhile, Scindia said the Empowered Group of Ministries (EGoM) would meet next week to discuss the Standard Bidding Documents (SBDs) for Case II power projects.

"We are looking for EGoM approval next week... Case I bidding documents is still work in progress. I intend to get it out within the next month," he said.

In Case II, the location and fuel are pre-decided before bidding starts while in Case I the developer can choose the location and fuel, among others.

The government is working on ways to address multiple problems faced by the power sector including fuel shortages and poor health of electricity distribution companies.