The delegation of promoters and CEOs of over dozen companies also met Finance Minister Pranab Mukherjee, Environment Minister Jayanthi Natarajan, Coal Minister Sriprakash Jaiswal and Power Minister Sushilkumar Shinde seeking redressal to their woes.
During their meeting with Singh, the industrialists highlighted the problems like acute fuel shortages, pricing issues related to imported coal for power projects, delay in environment and forest clearances, funding problems, worsening health of power distribution companies and a proposal to slap duty on imported power equipment.
After hearing them out, the Prime Minister assured the industrialists that a "practical, pragmatic and viable solution" will be found to the plethora of problems facing the power generation and distribution sector.
He said a Committee of Secretaries, headed by Principal Secretary to the Prime Minister Pulok Chatterji, would be set up immediately to look into the problems faced by the power sector, an official statement said. Read the full report here.
Source: Zee News, New Delhi.
