Bombay HC restrains MMOPL from hiking Mumbai Metro fares

Bombay HC restrains MMOPL from hiking Mumbai Metro fares

The Bombay High Court on Monday restrained the Reliance Infrastructure-led Mumbai Metro One Private Limited (MMOPL) from hiking the fares on the Mumbai Metro’s Versova-Ghatkopar route. A bench of Chief Justice Manjula Chellur and Justice M S Sonak set aside a July, 2015 decision of the Metro Fare Fixation Committee, which had approved the hike […]

Low Solar Tariffs Impacting Sector’S Health: Industry

Low Solar Tariffs Impacting Sector’S Health: Industry

Rock-bottom solar power tariffs might spell good news for consumers and the environment alike, but for developers, it is now a matter of concern. Ironically, the problem is of their own making to a large extent. With aggressive bidding, solar power tariffs have been pulled down to Rs 2.42-2.65 per unit in the latest rounds, and this has made it difficult for companies to stay afloat. As a result, they have been sourcing inferior quality equipment like rooftop solar panels, inverters and mounting structures.

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