Acute fuel shortages, pricing issues related to imported coal for power projects, delay in environment and forest clearances, funding problems and worsening health of power distribution companies (discoms) would be part of the agenda for the meeting with the Prime Minister, sources said.
The proposal to slap duty on imported power equipment would also figure in the discussions, they added.
Ahead of today's meeting, top honchos of private power companies, including Reliance Power Chairman Anil Ambani, Essar Group CEO Prashant Ruia, Hinduja Group Chairman Ashok Hinduja and Sterlite Energy Chairman Anil Agarwal, met here Tuesday to discuss the agenda, sources said.
Other likely members of the delegation include Tata Power Deputy Chairman Cyrus Mistry, Adani Power Chairman Gautum Adani, JSW Energy Chairman Sajjan Jindal, GMR Energy Chairman G M Rao, Lanco Infratech Chairman L Madhusudan Rao and CLP Power India CEO Andrew Brandler.
The delegation would also be meeting Finance Minister Pranab Mukherjee, Petroleum and Natural Gas Minister Jaipal Reddy, Coal Minister Sriprakash Jaiswal, Minister of State for Environment and Forests Jayanthi Natarajan, Power Minister Sushilkumar Shinde, Principal Secretary to the Prime Minister Pulok Chatterjee and Planning Commission Deputy Chairman Montek Singh Ahluwalia, sources said.
All the companies are part of the Association of Power Producers, whose 21 members account for over 95 percent of power capacity in the private sector.
"We are very positive (and hopeful) that satisfactory resolution would be found to all the issues facing the power sector," Association of Power Producers (APP) Director General Ashok Khurana said.
The proposed meetings of top executives with the Prime Minister and others come against the backdrop of fuel shortages and various other problems hurting the power sector. Further, many financial institutions are reported to be reluctant in lending to power projects.
Private power companies have a capacity of around 24,000 MW.
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