New Delhi: Doubting its own claims of power reforms, the Union Power Ministry has made a sad assertion that the ongoing power crunches in several states including Uttar Pradesh, Delhi, Bihar, West Bengal and Jammu & Kashmir are likely to remain same for coming few years.

Counting upon the investment woes in power sector, the Ministry said that future does not look well in this sector as it lacks fresh investments adding that old investors are not daring to take further steps either.

In a proforma issued by a high level coordination committee aimed to raise funds for Infrastructure sector, the Union Ministry said that power sector would need Rs 11, 18, 000 crore  for the 12 th five year plan. The amount would be used to boost power generation capacity for 1.03 lakh MW electricity, to expand 90,000 kilometre transmission lines and to bring wide reforms in power supply system.

However, the Power ministry asserted itself that the country lacks the environment to encourage such huge investment by private fields.

The same view was echoed by the Federation of Indian Chamber of Commerce & Industry (FICCI). In a proforma issued on power sector, FICCI said that investment worth rupees in crores by private investors has not been cleared in absence of clear government policies.

According to sources, the present power crisis is an outcome of not giving priority to the problems of power sector.

Notably, the coal shortage was being faced by new power projects in the country for last two years but no decisive solution has been chalked out by the Power Ministry yet.

It should be noted that only five months are left for the start of 12th Five Year Plan, yet discussion is not over between the Union Environment, Coal and Power Ministry on the issue of providing funds for implementation of new power projects.

During the 11th FYP, the power generation target was set at 78,000 mw but it was later reduced to 62,000 mw. However, going by the proceeding the power production in excess of 52,000 mw seems unlikely.

JPN/Bureau