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Saturday, March 26, 2011

12th plan under construction projects-II: Online monitoring of private projects on the cards

 At a recent meeting held on February 15, 2011, under the Chairmanship of Power Secretary, P.Uma Shankar, to talk over progress of 12th plan under construction projects, the Ministry of Power (MoP) has called for the introduction of a rigorous online monitoring system to monitor progress of projects that are under various stages of development by the private sector.
  • Such a system, if in place, would help to scrutinize activities of the private project developers in a more transparent and efficient manner. Importantly, it was noted that information and feedback on progress of projects under the private sector is not as rigorous as it is with the central or state sectors, necessitating the introduction of such a system. 
  • Pertinently, more than half of capacity addition envisaged for addition during the 12th plan period, is expected to be added by the private sector. In terms of numbers, private sector contribution during the next plan is likely to be 46,026 MW, majorly thermal generation, out of the overall capacity addition target of about 75,000 MW. 

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