Daily Archive: January 8, 2011

Mixed bag for utility sector in 3rd quarter

Given continued sluggish demand growth of 3.8% YoY in Q3FY11, power deficit in India dropped to 7.2% from 9.6% in Q3FY10. This impacted merchant realisation — merchant rates are hovering at Rs 4/KwHr. Further,...

Bombay HC slams govt in CERC vs FMC regulator spat

Regulatory spats just never cease. And, on 07-01-2011, the one between the Forward Markets Commission (FMC) and the Central Electricity Regulatory Commission (CERC) led to embarrassment for the Government of India. The Bombay High...