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CERC draft norms to impact NTPC, Power Grid most: CARE
January 2014
The electricity regulatory body CERC released draft regulations for power generation companies that will decide power tariffs for the five-year 2014-2019 period. Among other things, the draft guidelines suggest that power tariffs are set to get cheaper which saw its first casualty in NTPC. The stock crashed more than 10 percent.
CERC draft sets tougher norms for producers
January 2014
The Central Electricity Regulatory Commission (CERC) announced draft tariff criteria for the power sector for 2014-19, which is likely to impact companies such as NTPC, Sutlej Jal Vidyut Nigam and NHPC. According to this draft, power tariffs will fall as the CERC has proposed to remove the tax arbitrage, which existed when companies such as NTPC charged a higher tax rate from its customers.
CERC draft norms to impact NTPC, Power Grid most: CARE
January 2014
The electricity regulatory body CERC released draft regulations for power generation companies that will decide power tariffs for the five-year 2014-2019 period. Among other things, the draft guidelines suggest that power tariffs are set to get cheaper which saw its first casualty in NTPC. The stock crashed more than 10 percent.
CERC draft sets tougher norms for producers
January 2014
The Central Electricity Regulatory Commission (CERC) announced draft tariff criteria for the power sector for 2014-19, which is likely to impact companies such as NTPC, Sutlej Jal Vidyut Nigam and NHPC. According to this draft, power tariffs will fall as the CERC has proposed to remove the tax arbitrage, which existed when companies such as NTPC charged a higher tax rate from its customers.
CERC to hear Adani Power compensatory tariff issue on Nov 13
December 2013
Electricity regulator CERC on 13 November will hear Adani Power's plea seeking increase in tariff from its thermal power plant in Gujarat due to rise in price of coal from Indonesia. Adani Power had petitioned the Central Electricity Regulatory Commission (CERC) for evolving a mechanism to meet the escalation in fuel cost due to enactment of new coal pricing regulation by Indonesian government.
CERC to hear Adani Power compensatory tariff issue on Nov 13
December 2013
Electricity regulator CERC on 13 November will hear Adani Power's plea seeking increase in tariff from its thermal power plant in Gujarat due to rise in price of coal from Indonesia. Adani Power had petitioned the Central Electricity Regulatory Commission (CERC) for evolving a mechanism to meet the escalation in fuel cost due to enactment of new coal pricing regulation by Indonesian government.
Power Grid increases capex limit
September 2013
Power Grid Corporation of India, the country's central transmission utility, has planned to raise the capital expenditure limit to about Rs 110,000 crore for the 12th Five Year Plan (2012-2017) to strengthen the transmission network and to avoid power blackout situation, which occurred last year due to northern grid collapse.
Tariff Inconsistency Checks Windfalls
September 2013
As delayed discom payments weaken liquidity, renewable energy players have been steadily shifting to the preferential tariff route.
Reworked Tariff Plan for Mundra Project Ready
September 2013
The committee for recommending compensatory tariff for the 4,000 MW Mundra project has submitted its report to the Central Electricity Regulatory Commission (CERC).
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