Performance audit of Ultra Mega Power Projects under special purpose vehicles
This CAG report tabled in the Parliament today contains results of the performance audit of 'Ultra Mega Power Projects under Special Purpose Vehicles' with focus on the effectiveness and transparency in award of Ultra Mega Power Projects to the developers.
The report contains the results of the Performance Audit of ‘Ultra Mega Power Projects under Special Purpose Vehicles’ with focus on the effectiveness and transparency in award of Ultra Mega Power Projects (UMPPs) to the Developers. Ministry of Power (MOP) prescribed the Special Purpose Vehicle route and designated Power Finance Corporation Limited (PFC), a financial institution under the administrative control of MOP, as the Nodal Agency to carry out preliminary activities and undertake the bidding process for identifying the Project Developer.
See Also
Report: ATR recommendations of the standing committee on energy on UMPPs
Guidelines: Determination of tariff by bidding process for procurement...
Opinion: Powerless and lost.
Report: Funding of Power Projects.
Report: ATR on recommendations of parliamentary report on funding of power projects.
Opinion: How India is getting gas and coal policy wrong.
Report: The real cost of power.
Report: EIA of Mundra Ultra Mega Power