Cerc

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Cerc - Total results - 20
NTPC to invest Rs 50,000 cr to add 10GW solar energy capacity by 2022; company to rely on green bonds for funds
Business

NTPC to invest Rs 50,000 cr to add 10GW solar energy capacity by 2022; company to rely on green bonds for funds

The NTPC's plans to add 10GW solar energy capacity assumes significance in view of India's ambitious target of having 175GW of clean energy by 2022.

CERC's draft tariff rules positive for power generation, transmission firms; energy production cost may decline: Report
Business

CERC's draft tariff rules positive for power generation, transmission firms; energy production cost may decline: Report

The CERC in its order on 14 December, notified the draft regulations for cost-plus-based tariff determination for the next control period commencing in April 2019 up to March 2024 (FY2020-24).

Gujarat govt allows pass-through of higher coal cost for Tata, Adani, Essar power plants
Business

Gujarat govt allows pass-through of higher coal cost for Tata, Adani, Essar power plants

Bringing relief to thermal power plants owned by Tata, Adani and Essar groups, the Gujarat government Saturday passed an order to allow pass-through of higher cost of coal to end consumers

State power distribution companies will have to pay Rs 2,000 cr to solar firms as GST claims: Icra
Business

State power distribution companies will have to pay Rs 2,000 cr to solar firms as GST claims: Icra

The Central Electricity Regulatory Commission (CERC), in its order in October, had approved the claims raised by solar power developers related to the impact of the introduction of the goods and service tax (GST) on their capital cost.

CM Arvind Kejriwal urges L-G Jung to reconsider canceling appointment of DERC chief
Politics

CM Arvind Kejriwal urges L-G Jung to reconsider canceling appointment of DERC chief

Chief Minister Arvind Kejriwal on Friday urged Lt Governor Najeeb Jung to reconsider his decision scrapping the appointment of Krishna Saini as chairperson of Delhi's power regulator DERC in public interest, saying all laid down procedures were followed by the AAP government during the selection process.

Power Ministry to issue Cabinet note on tariff policy changes next week
Business

Power Ministry to issue Cabinet note on tariff policy changes next week

The Power Ministry will come out with a Cabinet note on changes in Tariff Policy within a week for enabling greater competition in the sector, an official said.

MCX-SX complies with Sebi norms as FTIL exits exchange
Corporate

MCX-SX complies with Sebi norms as FTIL exits exchange

To comply with the conditions imposed by Sebi, MCX-SX today issued shares to 12 new investors, including Rakesh Jhunjhunwala, following which the erstwhile promoter FTIL will completely exit from the bourse.

Five states urge Power Minister to resolve tariff hike issues after blackouts
India

Five states urge Power Minister to resolve tariff hike issues after blackouts

Five states have urged union Power Minister Piyush Goyal to help restore power supply to their states facing major blackouts.

Tariff revision issue: Blackout hit states urge Piyush Goyal to resolve power crisis
Corporate

Tariff revision issue: Blackout hit states urge Piyush Goyal to resolve power crisis

Adani Power has shut down six generating units at its 4,620 MW plant at Mundra in Gujarat citing payment default by Haryana, while Tata Power has closed down two units of its 4,000-MW plant there due to technical snags.<br />

Should Tata Power and Adani be rewarded for blunders? The follies of mispricing risk
Corporate

Should Tata Power and Adani be rewarded for blunders? The follies of mispricing risk

India's energy pricing is seriously flawed with its reliance on government and regulatory interventions and anti-market bias. Both Tata Power and Adani have been bailed out, but they should be penalised for not pricing business risks properly

Adani Power posts Q3 net loss of Rs 545 cr on costly coal imports
Business

Adani Power posts Q3 net loss of Rs 545 cr on costly coal imports

The challenges of limited domestic coal availability and non-remunerative PPA prices continued to impact our financial performance.<br /><br />

CERC admits two Reliance Power petitions for Sasan plant
Business

CERC admits two Reliance Power petitions for Sasan plant

Reliance Power through its subsidiary Sasan Power Ltd is setting up the 4,000 MW ultra mega power project at Sasan in Madhya Pradesh.<br /><br />

CERC allows Tata Power to raise tariff for power plants
Business

CERC allows Tata Power to raise tariff for power plants

The order is similar to CERC's April 2 order allowing Adani Power to charge more for electricity from Gujarat and Haryana for the electricity it will supply from its 4,260 MW Mundra plant in Gujarat.

Why Adani's compensation package is a boost for power sector
Business

Why Adani's compensation package is a boost for power sector

The order which allows Adani to increase power tariffs to consumers for its project in Gujarat would set a legal precedent for other companies facing issues of fuel shortage and increased costs.

Reliance Power petition CERC on Sasan tariff revision
Business

Reliance Power petition CERC on Sasan tariff revision

Reliance Power bagged this project in 2007 in an international tender quoting the lowest 'levelised' tariff of Rs 1.19 per unit for 25 years.

Power regulator CERC pitches for South Asian power trading market
Business

Power regulator CERC pitches for South Asian power trading market

India's power sector regulator CERC today suggested establishing a South Asian power trading market to help ease acute electricity shortages facing many nations in the region.

Is this a UPA plot to defang independent regulators?
Breaking Views

Is this a UPA plot to defang independent regulators?

UPA is planning a Bill for oversight of independent regulators that could effectively reduce their independence.

CERC orders investigation into failure of power grids
India

CERC orders investigation into failure of power grids

PoSOCO, a subsidiary of Power Grid, controls the National Load Despatch Centre that monitors the country's electricity grid system.

Capex push tilts the scales for Power Grid, Citi laps it up
Business

Capex push tilts the scales for Power Grid, Citi laps it up

The Citi report makes it a point to mention that in the 11th Plan, Power Grid will push through a capital expenditure of Rs 48,900 crore as against a target of Rs 54,500 crore, implying an achievement of 89 percent of the target compared to 85 percent in the 10th Plan.