Govt approves new policy for power allocation of CPSEs

New Delhi The government today approved a new policy for allocation of power to be generated by upcoming state-run thermal power plants , earmarking 50 per cent to the home states, while also fixing an overall target generation capacity of 1 lakh MW for the 12th Five Year Plan (2012-17).

'The proposal is for allocation of 50 per cent power to the 'home' states, where the projects are located, 35 per cent to the other constituents of the region and 15 per cent power as unallocated power at the disposal of the Centre,' a government official said after the Cabinet meeting.