Daily Archive: September 7, 2015

Power regulators stymie open access

With the Gujarat government disallowing the import of cheaper power since April last year, several manufacturing units are contemplating shifting out of the state with a view to reducing their power bills. Before April...

Power cost could be cut through equitable risk sharing

The government could provide more headroom to electricity distribution companies and ease the pressure on them to increase tariff steeply by tweaking existing regulation in the generation and transmission sector to enable more equitable...

Separate grid for solar parks

The Green Corridors project is a dedicated transmission network for renewable energy evacuation, designed by state-owned Power Grid Corporation. While the first version of the ambitious Green Corridors project for evacuation of renewable power...

Coal output on a high but demand dries up

Just three years after India’s power sector faced a fuel crisis, the domestic coal availability at thermal power plants has reached an all-time high. However, this is unlikely to translate into equivalent power availability,...

Buy rating on NTPC; Disinvestment an overhang

WE upgrade to Buy (from Hold) as we find upside after the recent correction. We believe NTPC’s RoE (return on equity) has bottomed and will now expand because: (i) as coal shortages abate, existing...