Central Electricity Regulatory Commission

It would mean a uniform price for electricity across power bourses, but analysts say this will not have any immediate impact on the end user (household, industry or commercial).

Govt directs CERC to consult Power Ministry before issuing any regulation from now

The Deviation Settlement Mechanism (DSM) rules for the wind industry, and the General Network Access (GNA) rules issued by CERC last year were the biggest triggers for the Power Ministry's directive, officials told Moneycontrol.

Indian Energy Exchange to launch High Price Day Ahead Market segment next month

The power ministry has already asked 15 plants that use imported coal to function with full capacity from March 16 to June 15 so as to avoid any shortfall in electricity supply during the summer.

Power stocks surge on hopes of better financials from summer demand spike

Most of the power utilities like Adani Power, Tata Power, and JSW Energy sell a smaller proportion of their total generation on a merchant basis in the short term market, which fetches better prices when the demand is high.

'Market coupling' mechanism to foster competiton in power trading, says Power Exchange India

The draft Power Market Regulations 2020 issued by the Central Electricity Regulatory Commission (CERC) has mooted a concept called 'market coupling', which means a uniform market clearing price for buyers and sellers in all exchanges operating in an area.

Floor price removal will lead to inventory loss of Rs 400 crore for REC-based projects: ICRA

The forbearance price is the ceiling or maximum price determined by the Central Electricity Regulatory Commission (CERC) within which RECs can be dealt in the power exchanges.

Congress alleges Gujarat govt trying to benefit power companies

The companies were to supply power for 25 years under the pacts signed, but they sought revision of tariff rates after a few years.

CERC passes order in Tata Power, Adani compensatory tariff case

Even if the Supreme Court votes in favour of Tata Power and Adani Power, it is unlikely to move stock prices of these companies much as analysts have more or lesss priced in this news, feels Murtaza Arsiwalla of Kotak Institutional Equities.

PTC India selected trader for 1000 MW wind power govt plans

The government, through its nominated agency Solar Energy Corp of India Ltd, is currently in the process of inviting private developers to set up solar power units of capacities totalling 1,000 MW.

SC refuses to stall CERC proceedings on compensatory tariff

A bench of Justices Kurian Joseph and R F Nariman assured the power distribution companies that if they are not satisfied with CERC's decision, they are at liberty to approach the apex court.

Draft wind-solar hybrid policy to boost renewable sector: ICRA

The government's draft National Wind-Solar Hybrid Policy is a step in the right direction for promotion of renewable energy sector on a larger scale, ratings agency ICRA said

Positive on cement, including Sagar Cements: SP Tulsian

SP Tulsian of sptulsian.com has a positive view on cement space including Sagar Cements on the back on operating leverage of the company.

GMR up 11%, to get EBITDA boost post CERC's tariff order

The company said this long pending order would entitle GMR Group to collect all arrears of power supply from GMR Kamalanga Energy to GRIDCO for power supplied till September 2015. Going forward, the order will help improve company‘s EBITDA by Rs 120 crore, it added.

Draft norms for UMPPs to breathe fresh life into power sect

Failure of earlier UMPPs was largely due to unwillingness of lenders to fund a Rs 20,000-crore power project with 4,000 MW of capacity on a design, build, finance, operate and transfer model where the asset ownership did not vest with the developer.

SC stays CERC order on FTIL stake transfer in IEX

Financial Technologies, which is also the promoter of IEX, had claimed that the CERC order is in violation of the Company Law Board's directive which has put a freeze on any sale of assets by FTIL.

Financial Tech signs pact to sell 16.6% stake in IEX

Financial Technologies India Ltd (FTIL) today said it has entered into a new share purchase agreement with four companies to sell 16.6 percent stake in Indian Energy Exchange Ltd (IEX) for Rs 357.06 crore.

May hike Mundra utilization post CERC order: Tata Power

At a press conference, the firm‘s managing director Anil Sardana said customers would gain from the CERC compensatory tariff but added that cost of power for the producer still stood at Rs 4 per unit, or below the market price.

NTPC falls another 3% post CERC norms: How to trade it now?

Analysts expect the company's operational return on equity (RoE) to reduce to 18-19 percent from 23 percent earned in FY13. They feel bottomline may take a knock of Rs 1,100-1,350 crore.

Simplified: How Adani, Tata tariff case played out

The decision by the Central Electricity Regulatory Commission (CERC) to grant compensation for past losses and a tariff hike ahead for loss-making power projects in Mundra sets a precedent.

CERC order: Power tariffs in 5 states may go up

Consumers in five states, including Maharashtra, will have to foot higher electricity bills once the CERC order providing relief for Tata Power's Mundra project gets implemented.

CERC's guidelines could reduce utility profits by Rs 14 bn

CRISIL Ratings: The Central Electricity Regulatory Commission's (CERC's) recent draft tariff guidelines for power utilities have potential, if implemented in the current form, to reduce aggregate annual profits of CRISIL-rated utilities by Rs.14 billion, or nearly 7 per cent of their profits in the last fiscal.

Power utilities fall on draft guidelines for sector

NTPC slumps 11 percent, Power Grid Corporation of India falls 3.4 percent, while Tata Power declines 1.5 percent.

NTPC plummets on draft power norms; 10% earnings hit seen

Shares of NTPC, the government-owned power generation company, plunged more than 9 percent in early trade on Tuesday after the Central Electricity Regulatory Commission (CERC) released draft regulations for power generation companies.

Adani Power, Tata Power gain; CERC to fix compensatory rate

As per the Parekh panel recommendations, Tata Power may get compensatory tariff of 45-55 paise for Mundra while Adani Power may increase tariff by 50-60 paise for Mundra plant. Earlier in April, CERC had allowed two higher rates to compensate for the losses from a change in an Indonesian regulation that made coal costlier.

Time to nibble; bet on IT, auto, FMCG, pharma: Edelweiss

He recommends putting money into FMCG, IT, pharma and auto stocks. "Another 50bps rate cut is likely by year- end, with fall in interest rates consumption theme should be back," he told CNBC-TV18 in an interview.