Cerc Order

• 

  Tata, Adani Can't Raise Power Tariff In 5 States, Says Supreme Court

  Tata Power and Adani Power cannot charge consumers more in the five states they supply power to, the Supreme Court ruled today, setting aside an order for compensatory tariff to the companies. This means in Gujarat, Haryana, Punjab, Maharashtra and Rajasthan, there will be no hike in electricity bills.

• Electricity Regulator Rejects NTPC's Petition Seeking Revision in Tariff Norms

  The Central Electricity Regulatory Commission in its order said: "The 2014 tariff regulations provide for reimbursement of the actual cost of generation of power by the companies, including NTPC, in addition to reasonable return on equity of 15.50 per cent per annum."

• Financial Tech May Appeal Against Electricity Regulator's Indian Energy Exchange Order

  Financial Technologies (India) Ltd is mulling appealing against an order by the Central Electricity Regulatory Commission (CERC) that directs the company to completely divest its stake in the Indian Energy Exchange (IEX).

• Power tariff orders by electricity regulator delayed until next month: report

  The Central Electricity Regulatory Commission (CERC) has reserved passing of tariff orders until next month at the behest of the Election Commission, according to a person privy to the information.

• Electricity regulator's compensatory tariff not to burden firms, consumers: Care

  The Central Electricity Regulatory Commission's order for compensatory tariff to Tata Power and Adani Power has not only provided relief to producers but also ensured that distribution companies and consumers are not burdened by higher tariff, according to a report by rating agency Care.

• New CERC tariff order a shocker for NTPC, says Fitch

  The central power regulator's new tariff order for FY15-FY19 will severely hurt state-run power generator NTPC, which is likely to take a hit of 350 basis points on its pre-tax return on equity, Fitch Ratings said.

• Power regulator's tariff order a shocker for NTPC: Fitch

  As per the Central Electricity Regulatory Commission (CERC)'s new norms, to be in force for five years (April 2014 to March 2019), there will be key changes with regard to tax and calculation of incentives for thermal power plants. The rules were notified on February 21.

• CERC order on tariff hike: Tata Power soars 7%; NTPC sinks 9%

  The CERC said Tata Power should be reimbursed Rs. 330 crore for the fiscal year 2013 that ended in March. It can also raise tariffs by Rs. 0.524 per unit for the current fiscal year for electricity generated from Mundra, the regulator said in an order dated February 21. The CERC has also granted compensatory tariff hike to Adani Power.

• CERC order will help sustaining operations at Mundra: Adani Power

  Welcoming the order of granting nearly Rs 830 crore in compensation by CERC, Adani Power today said the move by the sectoral regulator will help sustain operations at Mundra project in Gujarat and revive investor confidence.

• CERC order on Mundra project likely by December-end: Tata Power

  Tata Power, India's largest private power producer, has said an order by the Central Electricity Regulatory Commission (CERC) for granting compensatory tariff for the company's Mundra project is likely to come up by the end of this month.

• India manufacturing growth slows in July, weakest since Nov 2011

  Shrinking export orders and sluggish output dragged Indian manufacturing growth in July down to its weakest pace since last November 2011.