AIPEF to conduct CAG audit of independent power producers

30 Oct 2021 CW Team

After thermal power stations were allowed to blend imported coal during the ongoing dry fuel shortage, the All India Power Engineers Federation (AIPEF) has demanded an audit of independent power producers by the Comptroller and Auditor General (CAG).

The AIPEF said in a letter to Minister of Power R K Singh that blending imported coal might result in a tariff increase of Rs 1.15 per unit.

Given the rapid Ministry of Power order to thermal plants allowing them to blend imported coal up to 15% during the ongoing coal crisis, AIPEF has demanded a CAG Audit and Energy Audit for Independent Power Producers or Private Plants (IPPs), according to an AIPEF statement.

Shailendra Dubey, Chairman of the AIPEF, has expressed concern about the rise in electricity costs caused by the blending of imported coal.

All coal-based thermal generating stations have been advised by the ministry of power to keep adequate coal stock in order to meet their obligations.

In the circumstance of a domestic coal shortage, generators can mix imported coal up to 15% with domestic coal, if technically possible, to meet the country's increased power demand.

According to AIPEF, the cost of imported coal has increased due to a global increase in coal prices.

According to the AIPEF statement, the cost of coal to generate per unit of electricity with indigenous coal is Rs 3.22, while the cost with 15% blending of imported coal is Rs 4.37 per unit.

The landed cost of South African coal, with a calorific value of 5500, is Rs 22,205 per tonne, according to data on coal price parameters for imports from Indonesia and South Africa.

Image Source

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..