The election code of conduct has come to the rescue of power consumers for the second time in a row as the Karnataka Electricity Regulatory Commission (KERC) may be forced to put on hold the power tariff revision for the coming financial year by a few months. Speaking on the sidelines of the swearing-in ceremony of two new members of the commission here on Wednesday, KERC Chairman M.R. Sreenivasa Murthy said the KERC would write to the Election Commission of India (EC) seeking direction on whether to hold the public hearing for tariff revision this month. “Ideally, we have to announce the tariff revision by the end of the financial year (March 31), and the revised tariff becomes applicable from April 1. But last year too, due to the code of conduct for the State Assembly elections, we announced the revised tariff on May 8 for consumption from May 1,” he said. While
Power purchase audit shows PSPCL suffered loss of Rs.1741.62 crore Friday March 7, 2014 Chandigarh Power purchase audit shows that Punjab State Power Corporation Limited (PSPCL ) suffered a loss of Rs. 1741.82 crore in three years period of 2010-13 due to inefficient planning of power purchase. These are the findings of ABPS Infrastructure which was engaged by Punjab State Electricity Regulatory Commission (PSERC) to carry out study on power purchase and related matters of PSPCL .PSERC has now invited comments from public on the report up to March 28. The failure of PSPCL to accurately assess the availability of power from new generating stations led to increase in short term power purchases and resulted in financial implication of RS. 745.62 crore in 2010-11,Rs.229.62 crore in 2011-12 and Rs.491.59 crore in 2012-13 with the cumulative implication of Rs. 1466.83 crore in three years period. PSPCL procures power
NEW DELHI: India's dependence on imported coal will continue to rise as output will fall short of targets. The coal ministry will scale down it its production target of 795 million tones in 2016-17 as it expects problems in environment clearances and rail connectivity. The government's decision to de-allocate several coal blocks in past couple of years to private firms would also have an impact. Some experts say the de-allocation may hurt growth in production but on the other hand block ..
New Delhi : India is keen to examine the feasibility of importing power from an electricity grid emanating from the hydropower surplus region of Central Asia, as also helping to build mini hydel dams in the mountainous region through which two major rivers flow. According to Ajay Bisaria, joint secretary in the Eurasia division, of the Ministry of External Affairs, India stands to benefit from the Central Asia South Asia Electricity Transmission and Trade Project, better known as CASA-1000, a new electricity transmission system to connect the countries of hydropower producing countries of Kyrgyzstan and Tajikistan with Afghanistan and Pakistan. Bisari, addressing a round table on 'Regional Water Security and Riverine Disputes: Issues Common to Central and South Asia' here Thursday, said India is keen to find out if a way can be found to import the electricity from the CASA-1000. "If there is a grid then India can benefit from the electricity
An Indian rule requiring wind farms to predict output or face fines has been temporarily suspended as the regulator reconsiders the best way to ensure stability of the grid, which suffered the world’s biggest outage in 2012. “The mechanism has been put on hold,” said Sunil Jain, chief executive officer at Hero Future Energies Pvt. and president of the Wind Independent Power Producers Association. The Central Electricity Regulatory Commission last year ordered wind farms to predict their day-ahead generation within a 30 percent band. Developers including Tata Power (TPWR) Co. and Goldman Sachs Group Inc.’s ReNew Wind Power Pvt. protested the directive, saying it was impossible to comply with and that penalties would wipe out profits in an industry that has drawn about $10 billion of investment since 2011. “Not a single project has been able to produce data within the margins,” Jain said in an interview in New Delhi this week.