CAG REPORT ON UMPP PDF

It is constituted under the rules of procedure and conduct of business in the Lok Sabha, and has members from both the houses of Parliament. It is quite an exhaustive list of questions. CAG also recommended a review of the allocation of the Chhatrasal coal blocks for the Sasan project. According to the original bidding norms, coal meant for one UMPP could not be used for other projects owned by the successful bidder. The panel has spelt trouble for the United Progressive Alliance government before with its audit into second-generation 2G spectrum allocation.

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All rights reserved. For reprint rights: Times Syndication Service. Vodafone Idea. Market Watch. Pinterest Reddit. Leaked draft reports of the CAG had mentioned that the government's decision to allow Reliance Power to use surplus coal from mines attached to ultra mega power projects UMPPs at Sasan and Tilaiya had given undue gains for the company. The EGoM had also decided that the use of coal in another UMPP at Tilaiya would be governed by a comprehensive policy that would be approved by the Cabinet committee on economic affairs.

Any policy would be applicable for the sector as a whole, and hence, it will be premature to quantify any benefit today, of a policy that is yet to be formulated," the company told the CAG.

Reliance Power plans to use Sasan's surplus coal at the Chitrangi project, which is still awaiting certain approvals. Read more on comptroller and auditor general. Reliance Power Ltd. Ultra Mega Power projects. Add Your Comments. Follow us on. Download et app. Become a member. To see your saved stories, click on link hightlighted in bold. Fill in your details: Will be displayed Will not be displayed Will be displayed. Share this Comment: Post to Twitter.

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CAG opens new front against govt

All rights reserved. For reprint rights: Times Syndication Service. Vodafone Idea. Market Watch. Pinterest Reddit. Leaked draft reports of the CAG had mentioned that the government's decision to allow Reliance Power to use surplus coal from mines attached to ultra mega power projects UMPPs at Sasan and Tilaiya had given undue gains for the company.

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Reliance Power asks CAG to drop audit note on 'undue benefits'

The report of the Comptroller and Auditor General of India CAG , parts of which have been seen by Mint, is with the power ministry for its comment, and could cause further embarrassment for the government. Ltd PFC , the government body appointed by the power ministry to award the projects. The auditor also censured the government for the way it dealt, in , with the consortium of Lanco Infratech Ltd and Globeleq Singapore Pte after it was discovered that they had misrepresented details in their winning bid for Sasan. Following the disqualification of Lanco and Globeleq, the project was awarded to Reliance Power. CAG further said that a review of the projects awarded to Reliance Power showed delays.

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CAG report on power tabled, Reliance Power reacts

Home Archive Frontpage. CAG trims coal diversion loss estimate. The Comptroller and Auditor General CAG has softened its stance on the diversion of surplus coal from the Sasan and Tilaiya mines, saying the bid documents permitted such diversion, which was also in line with the coal ministry guidelines. The CAG had triggered a controversy last October, saying the governments decision to allow Reliance Power to divert surplus coal from these captive mines violated bid guidelines and entailed a windfall gain of R1. It now says the gain could be only R15, crore. The CAG has now said although the bid document had spelt out how to use surplus coal from these captive mines, the confusion occurred because the allotment letter did not specify usage parameters upfront.

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