Prime Minister Dr Manmohan Singh assured the private players in the power sector that a practical, pragmatic and viable solution will be found to the plethora of problems facing the power generation and distribution sector.
The captains of industry led by Mr. Ratan Tata met Dr. Singh at his residence in Delhi yesterday. After hearing them, the Prime Minister said that a secretary level committee chaired by his Principal Secretary will suggest a roadmap to a time-bound solution to the short term problems impinging on the power sector.
An official release said, the committee will suggest the way forward on the most important issues raised by a delegation of Association of Power Producers.
The Prime Minister underlined that the power sector is involved in the process of nation building and there is a need to reduce risks to make the power projects viable.
He said it’s a national challenge and asked the industry representatives not to lose heart. He assured the delegation of his government’s commitment in taking all possible steps to mitigate the problems being faced by the power sector.
Dr. Singh also directed his cabinet colleagues present at the meeting to make all out efforts to resolve the key issues impacting the power sector.
Those present included, Power Minister Sushil kumar Shinde, Coal Minister Sriprakash Jaiswal, Deputy Chairman Planning Commission, Dr Montek Singh Ahluwalia and Minister of State, Environment and Forests, Ms. Jayanti Natrajan.
