PM meet on power sector postponed

Written by fe Bureau | New Delhi | Updated: Nov 29 2011, 08:47am hrs
The meeting called by Prime Minister on Monday evening to discuss key issues threatening viability of the power sector has been postponed, in what appears to be a case of political compulsions taking precedence over governments economic agenda.

The meeting was to discuss ways to improve coal supply to power plants, provide relief to power projects based on imported coal, financial health of state-owned power distribution companies and implementation of open access. Senior officials and their political bosses from ministries like coal, power, finance, environment, railways and the Planning Commission were to attend the meeting.

However, prime minister Manmohan Singh and his cabinet colleagues from Congress like Pranab Mukherjee have been invited to address the two-day national convention of youth Congress, which kicked off in capital on Monday. The event assumes added significance for the Congress in view of the upcoming assembly elections in Uttar Pradesh.

The Prime Ministers Office is yet to give a new date for the postponed meeting.

The government is facing strong protests from UPA allies and the Opposition over its recent decision to open retail sector for foreign direct investment (FDI).

An emergency meeting of senior government ministers was scheduled on Monday evening at Prime Ministers residence to deliberate over the issue.