The final tariff norms for FY24-FY29 are not vastly different from the draft proposals and they incentivise electricity generation during peak demand hours
The regulator took this step due to the increasing trend of rising prices on account of supply shortage and sudden increase in demand. CERC had already capped the Real-Time Market (RTM) and the Day-Ahead Market (DAM) at ₹12 per unit from the earlier ₹20 on exchanges on April 1.
Speaking to CNBC-TV18 about its differences with Coal India, NTPC CMD Arup Roy Choudhury said the company is not sure if the coal giant has the ability to meet the power sector's growing demand.
