Pramod Deo, Chairman, CERC Talks About Open Access and the State of Electricity Markets
The Business Standard published a very interesting interview of Pramod Deo, Chairman, CERC today.
The highlights of what he said are:
- There are several difficulties in implementing Open Access at the intra-state level
- Discoms have been very slow to give open access due to high industrial tariffs (see our previous post on Maharashtra, which highlights the issue; as an update, despite the Supreme Court’s refusal to stay Open Access, there is no progress on the matter)
- Discom’s losses are high, and increasing – current estimate is Rs 60,000 crore. One of the reasons is the lack of rate revisions in a regular and disciplined manner.
- Satisfactory progress on Renewable Energy Certificate markets
You can read the full interview here.