Blog
March 2011
The Union Budget for 2011-12 has sprung no real surprises for the power sector. Neither has it really lived up to expectations. While the profi t linked tax holiday has been extended by a year, the direct tax code applicable from the next fi scal, will lead to an investment linked tax holiday from then on.
Editor's Note February 2011
In a post-liberalization economy, it is imperative for the private sector to fl ex its collective muscle to fi rst comprehend and then answer the power sector’s Damoclean question – Where are we going to generate power from? Th is is where independent power producers (IPPs) come in. Through interesting fuel mixes – coal, gas, naptha, or hydro; access to top notch technologies that maximize fuel usage and effi ciency; and with the right policy environment in place, IPPs will defi nitely lead the way.
January 2011
December 2010
With the Ministry of Power scaling down its ambitious capacity addition target (from conventional sources) for the current Five Year Plan from 78,700 MW to 62,000 MW, the pessimism in industry watchers seems to have struck another low.
