Report of the committee constituted by Ministry of Power to examine different modes of contracting and restructure relevant provisions of contracts in hydro power sector
The issue of viability of tariff of the present under construction hydro projects and upcoming hydro projects has emerged during the last few years. It has been observed that many of the present under construction hydro projects and even hydro projects commissioned during the last few years have no PPA, since the tariff of these projects is higher compared to tariff of electricity from other sources. The issue was deliberated in a meeting chaired by Secretary (Power) on 24th November, 2021 and it was observed that one of the main reasons for delay in project is due to contractual issues. It was decided to constitute a Committee comprising of Sh. R.K.Vishnoi, CMD THDC India (Chairperson), Sh. Ajay Talegaonkar, Chief Engineer (FCA), Sh. Biswajit Basu, Director(Projects) NHPC, Sh. S.P. Bansal, Director(Civil) SJVN and Sh. Hemanta Kumar Deka, Director(Technical) NEEPCO to study the aspects related to role of type of contracting in expediting projects and improvement in contractual provisions to facilitate expeditious completion of the projects.