KSEBOA - KSEB Officers' Association

Monday
May 01st
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home News Power Sector News Reliance Power asks CAG to drop audit note on 'undue benefits'

Reliance Power asks CAG to drop audit note on 'undue benefits'

PDF
Hits smaller text tool iconmedium text tool iconlarger text tool icon
CAGReliance Power has requested the Comptroller and Auditor General (CAG) that the audit report on coal blocks should not refer to 'undue benefits' to the company due to surplus coal from Sasan and Tilaiya power projects as a panel of ministers had already reviewed the matter based on the advice of the Attorney General. 

Leaked draft reports of the CAG had mentioned that the government's decision to allow Reliance Power to use surplus coal from mines attached to ultra mega power projects (UMPPs) at Sasan and Tilaiya had given undue gains for the company.

In a letter to CAG Vinod Rai last week, it said that the Empowered Group of Ministers (EGoM) had endorsed the government's decision to allow Reliance Power to use surplus coal from the Sasan UMPP for the proposed Chitrangi project.

The EGoM had also decided that the use of coal in another UMPP at Tilaiya would be governed by a comprehensive policy that would be approved by the Cabinet committee on economic affairs.

"There is no clarity on the outline of this policy. Any policy would be applicable for the sector as a whole, and hence, it will be premature to quantify any benefit today, of a policy that is yet to be formulated," the company told the CAG.

"We would kindly request you to kindly consider dropping the audit para on 'undue benefits' arising out of surplus coal from Sasan UMPP and Tilaiya UMPP," it said.

The EGoM, in its meeting in December, had decided to seek the advice of the Attorney General on the issue of using surplus coal at Sasan and Tilaiya. Reliance Power plans to use Sasan's surplus coal at the Chitrangi project, which is still awaiting certain approvals.

Source- Economic Times

 

Add comment


Security code
Refresh

Random Videos

You need Flash player 6+ and JavaScript enabled to view this video.
Title: Power Quiz 2015 Final - Part-1

Latest Comments

Banner

Reference Book

 

Reference Book on Power

Electrical Engineering-- D' 1/4 Size Hard bound-- 1424 Pages-- Just Rs.1000/- only &n...

Visitors Counter

mod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_counter
mod_vvisit_counterToday1633
mod_vvisit_counterYesterday5187
mod_vvisit_counterThis Month1633
mod_vvisit_counterLast Month152890

Online Visitors: 65
IP: 54.198.176.157
,
Time: 07 : 52 : 40