The approval of the new power tariff policy may come next month as the Government’s focus will be on passage of crucial Bills, including the Whistle Blowers Bill, said Power Minister Piyush Goyal on Saturday. The new policy is aimed at boosting regulatory mechanism for discoms and encouraging faster rollout of investments in the sector witha focus on renewable energy. “Till (December) 23rd, we are busy. Once we are free, we will be focusing on tariff policy in the new year,” Goyal said on the sidelines of the Ficci Annual General Meeting.
“We are hearing there will be some let-up from opposition parties in Parliament and they may start functioning from Monday to pass some very important Bills like the SC and ST Act, the Whistle Blowers Bill. People want action on these fronts.” On implication of the Paris agreement on thermal power, he said the sector is a very robust industry and will continue to be the backbone.