The Central power regulator's order providing relief for Tata Power's Mundra project will result in retail tariffs for the five beneficiary states moving up by 3-10 paise per unit, rating firm ICRA said. Last week, Central Electricity Regulatory Commission (CERC) allowed higher tariff as well as a compensation of Rs 329.45 crore for the private utility's 4,000-MW project in Gujarat operated by its unit Coastal Gujarat Power Ltd (CGPL).

The watchdog has ruled for a compensatory tariff of...

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The Maharashtra Government can ill-afford to harness solar power with the current tariff structure that cross-subsidises low-end consumers by charging high-end users more.

Speaking at a discussion on grid connected solar rooftop systems, Ajoy Mehta, Principal Secretary, Energy, Maharashtra, said that against a procurement cost of ₹3.30-3.50 a unit of conventional energy, the Brihanmumbai Electricity Supply and Transport Undertaking at the lower end charged ₹3.50/unit and for large c...

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The central government is considering a bailout package for gas-based power plants that includes ensuring that cash-strapped state power distribution companies continue to buy electricity from them after a scheduled increase in price of the fuel kicks in on 1 April, making available power from plants that are idling for want of the fuel, and a new repayment plan for a few other idle power plants.
The plan, which will also revive the Dabhol plant of Ratnagiri Gas and Power Pvt. Ltd (RGPP...
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The Maharashtra State Electricity Distribution Company Ltd (MSEDCL) filed a plea before the Maharashtra Electricity Regulatory Commission (MERC), seeking a tariff hike to bridge its revenue deficit in 2011-12 and 2012-13. The hike, however, would be nullified by the subsidy announced by the state government last month.

The MSEDCL supplies power to the entire state except Mumbai, which is serviced by the BEST, Tata Power Company and Reliance Infrastructure Ltd. Certain areas in Mumbai, s...

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