All India Power Engineers Federation (AIPEF) has appealed to BJP's PM candidate Narendra Modi to intervene against sinister design of Reliance who has served an arbitration notice for delaying revision in gas prices from domestic fields of KG-D6.
Shailendra Dubey AIPEF Chairman said that AIPEF is
of the firm opinion that no blackmailing should be tolerated and
Reliance and its partners be handled with heavy hand.
Dubey said that due to gas price hike power tariff
will be unviable for Discoms and move hampering the common man's
interest may be thwarted before taking over of new Government. He
said that in light of observations rose by Central Electricity
Authority (CEA) in response to the oil Ministry's notification on gas
pricing policy it becomes more important that no haste step should be
taken when elections are almost over & new Government may
takeover in next 10 days.
He said that as per CEA higher gas price from April
01 would turn electricity from gas fired plants unaffordable for
state Discoms as power tariff would rise to Rs. 6.50 to Rs. 7.50 per
unit which is presently in the range of Rs. 4 to Rs. 4.50 per unit.
He said that gas fired power plants make up about a
quarter of the installed generation capacity in the country,
therefore immediate intervention is necessary to save the gas power
plants which may be switched off completely due to commercially
unviable power cost.
It may be added that CEA has raised the issue of
natural gas pricing in Dollar which will also affect Discoms as power
plants pay in Rupees while due to Dollar prices of gas they are
susceptible to foreign exchange fluctuations and consequently
fluctuations in power tariff.
Dubey alleged that the arbitration notice of
Reliance is a as blackmail tactic just before taking over of new
Government and will give Reliance additional benefit of Rs. 50000
crore per year while power tariff will go up by Rs. 02.00 to Rs. 2.50
He further alleged that RIL deliberately did not
supply sufficient gas to power plants in 2013-14 due to which about
21000 mega watt capacities of gas plants suffered but instead of
levying penalty Government has doubled the gas prices.