Power Tariffs

The energy charges for 101-300 units category have been increased to Rs 5.36 per kWh from Rs 5.05. For 301-500 category, it has risen to Rs 11.62 kWh from Rs 9.20.

Initial simulations by CERC suggests market coupling will not have any significant benefit: IEX CMD

The CERC order, seen by Moneycontrol, however, also stated that coupling RTM and SCED would help increase the depth of the market while ensuring system reliability

Rule to compensate consumers for gratuitous load shedding must be implemented by state power regulators: RK Singh

"State governments are free to declare subsidies but they have to be paid for. Power is not free and it has to be paid for," the Union minister said.

Govt proposes amendments to Electricity Rules, 2005 to make power sector financially sustainable

The proposed amendments to the Electricity Rules, 2005 are targeted interventions for issues ranging from discoms' financial health, transmission for upcoming green hydrogen and renewable energy plants, open access charges and unnecessary appeals in the APTEL, Alok Kumar, secretary, Ministry of Power, told Moneycontrol.

Power bills in Delhi to rise up to 9.42% as DERC hikes key surcharge

Delhi's minister for power Atishi said consumers who get free electricity up to 200 units will have no impact from the hike in surcharge. At least 1.9 million consumers of BSES Yamuna Power Limited will have to pay 9.42 percent more towards their electricity bills

Govt mandates phased rollout of time-of-day tariffs; asks states to offer discounted rates during solar hours

Tariffs during solar hours should be at least 20 percent lower than the usual tariffs across all categories. Also, the ToD tariff specified by the state commission for C&I consumers during the peak period of the day shall not be less than 1.20 times the normal tariff and for other consumers, it shall not be less than 1.10 times the normal tariff, as per the latest amendments by the government

Coal price hike may not increase power tariff for consumers, but input cost for industry may rise

However, the revised coal prices may lead to an increase in the price of cement, aluminum, steel among other commodities due to higher input costs, experts said.

Coal India hikes prices of high-grade fuel by 8% after 5 years

CIL expects a revenue of Rs 2,703 crore for the balance period of financial year 2023-24. Moneycontrol was the first to report on May 11 that CIL was going to increase coal prices due to its plan of increasing the wages for its non-executive staff

High Price Day Ahead Market at power exchanges had no trade for over a month since launch

Overall, until now, 194 MWh has been traded in HP-DAM. The highest trade happened on April 17, with 98 MWh at the market clearing price of Rs. 19.64.

Vacancies in DERC, AAP-LG tussle delay power tariff revisions in Delhi

DERC had announced the last tariff revision on September 30, 2021. Power charges in Delhi were raised by 2 percentage points from October 1, 2021. Last year, despite no tariff revision, electricity cost in Delhi was raised by up to 4%.

MC Exclusive | ‘We will absolutely meet the surge in demand’: Power minister RK Singh

The government says with sufficient coal stocks and gas capacities tied up there won’t be any issues during peak power demand this summer.

Power tariffs in India are one of the lowest in the world: RK Singh

The Union minister for power and renewable energy said for the first time current subsidy dues owed to discoms by state governments are up to date and legacy dues are being cleared expeditiously.

MC Exclusive | Govt lowers price cap at power exchanges to Rs 10 per unit

Besides, the Central Electricity Regulatory Commission (CERC) has also slashed the price ceiling for the high price day ahead market (HP-DAM) from Rs 50/kWh to Rs 20 per unit, the latest CERC order accessed by Moneycontrol showed. Both the revised price caps came into effect from April 4.

Mumbai has to cough up 5-10% more for power from this month

The increased tariffs will be applicable from April 1. Not just this, the MERC has also approved even steeper power tariff hikes for the next financial year (2024-25) that range from an average of 2.1 percent to 21 percent.

Will introduce two new market segments within six months: Rohit Bajaj of IEX

IEX’s stake in Indian Gas Exchange (IGX) is 47 percent as of now. There is no plan to divest further at this point in time, said Bajaj.

Wind power — Which way is the wind blowing?

Low bids at auction are encouraging, but wind energy faces headwinds that need to be addressed if the sector has to play an effective role in the country’s renewable power journey 

Falling solar tariff and its sustainability

Record bid of Rs 2 per unit is predicated on factors that are unique to the projects and masks hurdles to renewable energy auction

To announce linkage auction mechanism by June: Coal Secy

A coal linkage is an assured commitment of supply by government monopoly Coal India to various end users as such power, steel and cement plants, and it is one of the two ways (other being e-auction) that Coal India sells the mineral.

20% tariff cut to hurt sector, hold Tata Power: Antique

In the last 6-8 months, fair and remunerative price (FRP) had gained momentum, due to which the dependence of these distribution companies (DISCOMs) on banks funding had reduced substantially.

AAP keeps poll promise, cuts power tariff by 50% in Delhi

Kejriwal had earlier announced that Comptroller and Auditor General is willing to audit power distribution companies in Delhi. CAG sources, however, said Kejriwal requested for audit of power companies from the last 11 years for which team will be deputed. The sources refuse to give a specific time frame for the completion of the audit.

Delhi govt, firms cheating people on power bills: Kejriwal

Aam Aadmi Party convener Arvind Kejriwal on Friday alleged that power tariffs in the national capital were falsely inflated by the Delhi government and the Delhi Electricity Regulatory Commission. Kejriwal also claimed that power companies owned by Tata and Anil Ambani were involved in major frauds.

AP industry upset after power tariff hike proposal

A recent proposal to hike power tariffs by 35% has left industry shocked in Andhra Pradesh. Industry representatives say Andhra Pradesh may end up losing investments to other states like Gujarat and Chattisghar, Reports CNBC-TV18‘s Appaji Reddem and Animesh Das.

Govt effort for power tariff hike to face challenges

Government effort for steep hike in power tariffs to revive ailing distribution firms is likely to face challenges as up to 37 per cent increase has already been effected in recent times, says an expert.

Tariff hike trends augur well for power sector: Rel Infra

In an interview to CNBC-TV18, Lalit Jalan, chief executive officer, Reliance Infra says low tariffs were leading distribution companies or discoms to face a loss of almost Rs 2 a unit which was leading to a loss of Rs 20 crore a day.

Century Textiles to complete cement expansion by March 2013

Century Textiles and Industries Ltd's Rs 2,000-crore upgradation and expansion programme to increase cement capacity is expected to complete by March, 2013, the company said in its annual report for 2010-11 here.