Power crunch: top CEOs meet Montek, PM aide to push for fuel | business | Hindustan Times
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Power crunch: top CEOs meet Montek, PM aide to push for fuel

Top executives from leading power companies on Wednesday pressed for serious government intervention in policy matters and issues relating to fuel supply for power generation at a meeting with Prime Minister’s principal secretary, Pullock Chatterji and Planning Commission deputy chairman Montek Singh Ahluwalia. HT reports.

business Updated: Feb 22, 2012 20:29 IST
HT Correspondent

Top executives from leading power companies on Wednesday pressed for serious government intervention in policy matters and issues relating to fuel supply for power generation at a meeting with Prime Minister’s principal secretary, Pullock Chatterji and Planning Commission deputy chairman Montek Singh Ahluwalia. Chatterji is chairing the committee of secretaries constituted by Prime Minister Manmohan Singh to address the private sector power woes.


These executives are also believed to have asked the government to divert scarce natural gas from non-priority sector such as petrochemical plants to electricity generation.

This is the second meeting of these industrialists with government officials in the last one month.

Those present at the meeting included Anil Ambani (Reliance Power), Cyrus Mistry (Tata Power), Prashant Ruia (Essar Power), Gautam Adani (Adani Power), GMR Rao (GMR Group) and Navin Jindal (Jindal Steel and Power).

The meeting of CEOs comes days ahead of a crucial meeting of the Empowered Group of Ministers headed by finance minister Pranab Mukherjee on gas allocation on Friday.