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Power sector needs major changes, say experts

According to reports, impact of gas pricing and coal pricing mechanism on Indian power sector was one of the few issues which were discussed at the second ‘Power Sector India Roundtable’ held at School of Petroleum Management in Pandit Deendayal Petroleum University on Friday .

Saurabh Patel, minister of energy and petrochemicals, stressed on the need for powerful distribution network for power sector and use of renewable energy like solar energy to meet the energy demands.

In the two-hour session, chaired by Raj Gopal, MD of Gujarat Urja Vikas Nigam Limited (GUVNL), on pricing mechanism for gas and coal, industry experts suggested measures such as gas pooling, time-based tariff and a framework for gas-based power purchase obligation for distribution companies.

Also, sessions on initiatives to revamp Indian power industry and human resource management in power sector were held at the roundtable, where major stakeholders in the sector talked about their perspective.

“We are not moving in tandem with the international prices in gas which gives less scope to exploration if the right prices are not offered,” said Dhwanil Desai, an expert. “Wind energy is erratic but if utilized rightly it can solve power crisis to an extent,” added Raj Gopal.

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