Power ministry calls up sector honchos to discuss 'stress' in supply chain

Power generation assets which are stressed are unable to find buyers due to several regulatory hiccups involved

Battling stress across the supply chain, the power ministry has called a meeting of all leading power sector companies to be represented by their respective chairmen along with finance ministry officials and sector lenders. The meeting comes in the wake increasing insolvent projects in the power sector, tepid demand growth, and coal scarcity.

Among the leading players that will participate in the meeting on Friday, March 16, are Tata Power, Adani Power, Essar, Vedanta, Semcorp, CLP India, GMR Energy, L&T, JSW Energy, Jindal India Power, Jaypee Power, Hinduja Group, Hindustan Power, Rattan India, Bajaj Energy and Reliance Power.

The meeting would