Highlights of Power/Energy Policy
-
Encouragement to Private Sector Participation in Energy Generation.
-
Constitution of a High Powered Privatisation Committee under the Chairmanship of Chief Secretary to review and expedite all proposals for privatisation.
-
Special incentives for co-generation.
-
Encouragement to captive power plants with assurance to purchase surplus power by the State Electricity Board.
-
Private Sector Participation in renovation, refurbishment and modernisation of existing plants.
-
Privatisation of Distribution.
-
Government Guarantees for payment by State Electricity Board.
The State has a clear cut Power Policy which encourages private participation in generation projects. The UPSEB shall purchase total energy generated in the private sector on tariff based on Government of India Policy. Power Purchase Agreement to have provisions for modification according to needs. The selection of Companies shall be made through International Competitive Bidding. Permission shall be granted to Companies for distribution at local levels.