Power Tariff peaks a decade-high in the spot Day-Ahead Market
The power tariff on Sunday the 30th of September 2018 touched a decade -high due to low hydro and wind energy production and coal shortage at thermal plants. The spot power price for supply touched 17.61/unit in spot trading on
Cross-subsidy surcharge continues to rise
A recent article in Business Standard highlighted the disproportionate rise of cross-subsidy surcharge (CSS) in many states. We have been tracking this issue as well and had highlighted the problem in our blog & NL Volume 62. In the past, CSS
Three States to Kick Start Power Sector Reforms
A joint statement was released on 21st September 2015, by Goa, Uttarakhand and Meghalaya where these states have signed a joint statement of reforms with the Central Government in order to enable 24x7 power supplies to consumers. The joint statement highlighted
KERC hikes power tariff for FY15
Cost of buying electricity from DISCOMs has become costlier for the Commercial & Industrial consumers in the state of Karnataka. Karnataka Electricity Regulatory Commission (KERC) has approved a new tariff for supply of electricity in FY 2014-15. Average increase in
Gujarat bans sourcing power from other states
Gujarat government has recently banned its state distribution companies from buying power from other states. These discoms will now have to procure power from state power generators. Power procurement from state power generators means industries will now have to shell out
Power Bills to shoot up in Kerala, Karnataka and HP
After a recent power tariff hike by the states of Madhya Pradesh and Andhra Pradesh, it was now time for ERCs of Kerala, Karnataka and HP to come to the rescue of their respective DISCOMs. Time has come when poor
Andhra Pradesh, Madhya Pradesh hike Industrial Tariffs
The retail tariff order for FY 2013-14, rolled out by Hon’able APERC, has brought a major setback for the industries of the state. The hike in tariff was quite significant as it implies that industries dependent on grid power
Power Tariffs Likely to Increase Signficantly: CERC
In recent days, power projects and tariff have made news in almost every newspaper. There have been reports of power projects being in trouble, state electricity board being denied loans by banks, and tariff increases. The article on tariff increase cites