'The transmission sector is going to be the next sunrise industry.'
The plan includes close to 6,000-Mw capacity to be set up by NTPC alone.
The government wants to generate 100,000 Mw of solar power by 2022.
The government is auctioning 42 coal mines among 204 coal blocks.
Bids for eight coal blocks were sent for re-examination.
He is known for his paperless style of working.
Non-mineral-rich states will benefit from tariff concessions.
The government has so far closed bids for 13 blocks.
The government has a two-pronged strategy for e-auction of cancelled coal blocks.
Power stations with captive mines might look at this as an opportunity to sell merchant power at higher rates.
Prabhu-led advisory group also suggests JVs with mining and infra firms.
Those for power sector to see tussle between prior owners & new challengers
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
The newly appointed CMD at Coal India has a tough road ahead.
The government's final rules for reallocation of cancelled mines through an e-auction process give the existing owners an advantage over new bidders.
The Union Cabinet on Wednesday cleared changes in the Act. Union Power Minister Piyush Goyal earlier this week said the Bill would be tabled in Parliament soon.
The project is the largest investment undertaken by any private sector entity in CSP in India.
Seven major state power distribution utilities, identified by the central government for financial restructuring, have failed to increase their tariff considerably to improve their financials.
On Monday, a journalist sat through a closed-door meeting between Goyal and state power ministers, in the guise of an event manager.
As power generation across northern and western India bore the brunt of the coal scarcity, spot prices at IEX rose to Rs 10.8 a unit during August 25-27, compared with Rs 8.7 a unit on August 22.