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Electricity law amendment- The Good, the bad and the googly

Electricity law amendment- The Good, the bad and the googly
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For the people

The Forum of Regulators (FOR) was constituted vide Notification dated 16th February, 2005 under the provisions of the Electricity Act, 2003. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of. ....

Madhya Pradesh , Ella Baker , Services Tax Compensation Cess , Power Companies , Chairperson Of Central Electricity Regulatory Commission , Central Electricity Authority , Fund Of India , Forum Of Regulators , Clean Energy Cess , Electricity Act , Central Electricity Regulatory Commission , State Electricity Regulatory Commissions , Central Government , State Governments , Power Purchase Cost , Power Station , Consolidated Fund , State Government , Electricity Distribution , India Blog , Rashant Chaturvedi Blog , Nergy Vectors Blog , மத்யா பிரதேஷ் , எல்லா ரொட்டி சுடுபவர் , சேவைகள் வரி இழப்பீடு சிஇஎஸ்எஸ் , பவர் நிறுவனங்கள் ,

Centre and states should share cost of stranded assets: Forum of Regulators

In a bid to reduce the burden on financially stretched power distribution companies (discoms), the Forum of Regulators (FOR) has suggested that the Centre should share the cost of stranded power with the states. It said central funding should cover the fixed cost being paid by the states for the power generation assets that are no longer functional. A recent report by FOR, the apex regulatory advisory body revealed, states across the country are bearing the cost of stranded power generation assets to the tune of Rs 17,442 crore. The report said 12 states are paying the fixed cost for the units which are no longer functional but the states continue to have power purchase agreements (PPAs) with them. The surplus energy from these units stands at 129,251 MUs for which the consumer is paying but not getting the electricity. The fixed cost of stranded generation assets is being paid for by the consumers without getting any benefit. Surplus energy of this magnitude and resultan ....

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