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NewswireTODAY - /newswire/ -
Mumbai, Maharashtra, India, 2013/07/26 - World’s largest Coal miner, Coal India in a move to further consolidate its position in Africa has advanced the exploration activity at its twin mines in Mozambique - EPCworld.in.
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Aiming to frame new reforms in the power tariff norms, the regulatory body Central Electricity Regulatory Commission (CERC) will soon start studying over the numerous sectoral facets, involving the current trends and prevalent hurdles faced by the segment. The decision comes on the wake of the mounting concern over increasing dependence on imported coal, which is constantly shooting up the electricity prices. The study will outline new ‘Tariff Regulations for control period 2014-19’.
As per the official information, CERC’s study will be based upon the investments chipped in by power producers, fuel concerns, operational norms and numerous orders passed by the authorities. In its official statement CERC disclosed,“Considering the developments during the current tariff period, prevalent hurdles and need for market development, a fresh look needs to be outlined for the control period 2014-19.”
Additionally, the consulting body to be appointed by CERC will have the authority to undertake comparative studies, collate information gathered from stakeholders and will provide assistance in framing the new tariff regulations. The body is also expected to undertake a debt market study for deciding the approach over return on investment by considering the prevalent conditions in the domestic market.
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