States are reluctant to pay higher charges. Some discoms against changing the terms of the initial power purchase agreements
HPX is the third power exchange in the country as Indian Energy Exchange and Power Exchange of India Ltd are already operational.
India had asked utilities to import 10 per cent of its total requirement, or about 38 million tonnes, to blend with local coal as demand was outstripping supply, adding that delivery of 19 million tonnes had to be ensured by end-June.
In a Staff Paper on the "Methodology for Computing 'Deterrent Charges' for maintaining lower coal stock by coal-based thermal generating stations", the CERC has noted that during the recent months, coal stock at many coal-based thermal generating stations were reported as lower than the coal stocking norms specified by the Central Electricity Authority (CEA).
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 shared his views on his expectations of a revival in capital good sectors and why he is upbeat on BHEL. He also spoke on the positives from the APTEL order.
The Supreme Court in August 2014 had stayed an order by the APTEL allowing Tata Power Co. Ltd and Adani Power Ltd to charge higher prices for electricity produced from their plants in Mundra, Gujarat.
To combat the constant changes taking place in the variable cost, the company has requested for pass-through of the variable cost said Anil Sardana, MD, Tata Power
The decision was taken at a Cabinet meeting here, official sources said. Maharashtra's power distribution arm MahaVitaran has tied up for getting 800 MW from the coal-fired UMPP in Gujarat.
Tata Power today said its 4,000 MW Mundra ultra mega power project (UMPP) is fully operational with the synchronisation of the fifth 800 MW unit.