Daily Archive: August 29, 2013

REC plans to raise over Rs 37,000 cr in current fiscal

State-run Rural Electrification Corporation (REC) plans to raise over Rs 37,000 crore this fiscal through various instruments, a top company official said today. “We will be raising over Rs 37,000 crore from both domestic...

Electricity tariff hike for BEST customers

In a major electricity tariff shock to Brihanmumbai Electric Supply and Transport (BEST) consumers, state electricity regulator MaharashtraElectricity Regulatory Commission (MERC) approved an average 8.90 per cent tariff hike today for fiscal 2013-14. The revised...

Electricity circuit bench for Mumbai

MUMBAI: Maharashtra governor KSankaranarayanan will inaugurate the circuit bench of Mumbai of the Appellate Tribunal for Electricity (APTEL) on Friday. The Appellate Tribunal for Electricity, established under Electricity Act, 2003 hears cases arising from the orders of the state electricity...

TNERC panel tells TANGEDCO to file plan of action

The Tamil Nadu Electricity Regulatory Commission (TNERC) has asked TANGEDCO to submit a well structured business plan to prevent delays in the commissioning of on-going projects and ensure the optimal transmission and distribution of...