The Centre will provide the Delhi Government a coal block by October this year in any of the coal producing States of Jharkhand or Odisha, Delhi Power Minister Satyendra Jain said on Thursday.
“Industries in Delhi are willing to relocate outside but are not willing to bear anymore hike in power tariffs,” said Jain. He said that power sector should work as per efficiency rather than cost-plus basis. “I have failed to understand why everything in this sector done on the basis of cost-plus system,” he added.
“We will get our coal block around September/October and our Ministry has planned that wherever we are given the coal block, we will set up our plant on the fit head because no one is providing us electricity at lower rates so we will make it on our own and it will cost us around Rs2.50-3 per unit,” he said at an ASSOCHAM conference.