The upcoming Union Budget (2016-17) provides an opportunity to put in place levers to strengthen the demand situation in the economy. This is important to impart momentum to the capex cycle and put GDP back on high growth track. Independent Power Producers Association of India (IPPAI) did a workshop for its members to know of their broader viewpoints on some of the most important things they would like to see in the budget, from power sector’s perspective.
Independent Power Producers Association of India (IPPAI) conducted a roundtable meeting for key stakeholders from the power sector which included Power Consumers/industry, Independent Power Producers, Captive Power Producers, Energy Research Institutions, Banks and Financial Institutions to know of their viewpoint and compile suggestions on some of the important areas they would request to be addressed in the Union Budget. Some of the suggestions which IPPAI, on behalf of stakeholders in power sector, would like to make for government and your ministry’s consideration with a view to boost demand and investments in the economy especially in core infrastructure such as the power sector have been provided for your kind perusal. May we request the Ministry of Finance, Government of India to kindly consider these suggestions while preparing the Union budget for 2016-17.more informationippai