Tata Power Claims to Charge Lowest Power Tariff in Mumbai…

  As the demand to reduce power tariff gaining momentum in Maharashtra, private utility Tata Power today claimed that its tariff is the lowest in the metropolis.    The company, which has a residential consumer base of 4.5 lakh in the city, charges a tariff of Rs 2.13 per unit from customers consuming power up to 100...

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OHPC surpasses annual power generation target…

  Odisha Hydro Power Corporation (OHPC), which was mandated by Odisha Electricity Regulatory Commission (OERC) to produce 5,676 million unit (MU) hydropower in the current fiscal, has surpassed its annual target and aims to generate 1,000 MU more by the end of March 2014. “As of 14 January, we have produced 6,004 MU, higher than our...

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Korean power firm ties up with Jinbhuvish for Rs 3450-cr Maharashtra power project…

  Korean South-East Power Company (KOSEP), a subsidiary of Korean state-owned power generator Korea Electric Power Corporation, today signed an initial agreement with Mumbai-based Jinbhuvish Group for technical support for its Rs 3,450 crore project in Maharashtra. The 600 Mw power plant, being set up in Yavatmal district, is likely...

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Power bourses asked to show supply-demand curve on websites…

  To ensure more transparency, sectoral watchdog CERC has asked power exchanges to display on their websites aggregate demand and supply curve of electricity trading for day-ahead market. The move, according to the Central Electricity Regulatory Commission (CERC), would help market players in making informed decisions. Indian Energy...

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Power gencos seek relief on CERC’s draft multi-year tariff norms…

  Power generation companies (Gencos) have sought relief from the electricity regulator on many of the regulations that came out in the draft multi-year tariff (MYT) regulations 2014-2019. The final draft is likely to come in a month’s time. Among those, the power gencos, like NTPC , have asked CERC (Central Electricity Regulatory...

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NTPC Board okays Rs 12,532 crore investment for Odisha plant…

  State-run NTPC's Board today approved an investment of Rs 12,532.44 crore for setting up 1,600 MW thermal power project in Odisha. "The Board of Directors of NTPC have accorded an appraised current estimated investment approval for Darlipali Super Thermal Power Project, to be implemented in Odisha at an estimated cost of Rs 12,532.44...

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