Online Business

GERC pegs intra-state trading margin upto 4 paise per unit

In order to encourage intra-state power trading business, state power sector regulator Gujarat State Electricity Regulatory Commission (GERC) has proposed an intra-state electricity trading margin of not more than 4 paise per unit. - Torrent Power seeks 15% to 16% hike in tariff - No power tariff hike by state power companies: GERC - GERC turns down Torrent"s proposal for power tariff hike - Torrent Power cuts fuel surcharge by 1 paise - No power tariff hike from GUVNL this fiscal - Lanco Solar plans 200 Mw solar PV project in Gujarat The regulator has come out with regulations regarding fixation of margin for intra-state trading of electricity. The draft notification is called Gujarat Electricity Regulatory Commission (Fixation of Trading Margin Regulation), 2009. "The trading margin shall not be more than 4 paise/kWh on the electricity traded, including all charges," states the GERC notification. However, this does not include scheduling energy and open access charges. The commission has also invited comments, suggestions and objections from stakeholders and it will decide the trading margin after considering the suggestions of the stakeholders. The margin and regulations are applicable to any player engaged in electricity trading within the state of Gujarat. It may be mentioned here that Global Energy Ltd, a new Delhi-based power trading company, had sought permission from GERC for intra-state trading of power in Gujarat. The regulatory in one of its order had proposed to grant a license to the company for intra-state power trading.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
Economic growth to exceed 7% in FY10: Montek
The Planning Commission today expressed optimism that economic growth during the current year will exceed 7 per cent, up from 6.7 per cent recorded during 2008-09.
Popular Articles

Jaswant flays ban on book by Gujarat govt
Criticising the ban imposed on his book by Gujarat government, expelled BJP leader Jaswant Singh today said it amounted to "banning thinking" and likened the step to the one taken against noted author Salman Rushdie for his controversial work "Satanic Verses".

NK rides again
This is the second volume of essays/columns by NK Singh, or NK as he is generally known. These essays span the period of summer 2007 to summer 2009. The first thing that strikes the reader about these columns is the extraordinary variety of topics, ranging from the management of global economic risks to issues of Parliamentary oversight to a blueprint for the revival of Nalanda University. To anyone who knows NK, such variety and range would come as no surprise. Indeed, I was mildly disappointed not to find an essay on the challenges of nurturing roses or one on the finer points of photography, both of which figure among NK’s manifold interests.

© Copyright 2009