The Centre is set to introduce a unique amendment in the upcoming National Tariff Policy. This is expected to improve the income of discoms and prevent states from taking populist measures of low electricity tariff.
The Ministry of Power could remove the provision of regulatory assets from power tariff orders passed by State Electricity Regulatory Commissions (SERCs) for discoms. Regulatory assets are discom expenses that are recoverable in power tariff hikes but SERCs do not take them into consideration while calculating electricity tariffs. According to an estimate by Read More
Latest posts by Business-Standard.com (see all)
- Crude shock: Rise in oil prices may deepen India’s auto crisis, say experts - September 17, 2019
- Saudi attacks to hit India’s oil import bill, rupee immediate casualty: DBS - September 17, 2019
- Adani Green Energy hits 52-week high, surges 15% on heavy volumes - September 17, 2019