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Solar Power to Cost More in Maharashtra

The relief given by Maharashtra Electricity Regulatory Commission to solar rooftop consumers was not long lasting. MSEDCL has come up with a new proposal of astronomical Grid Support Charges. The solar power will cost more now. The consumers of solar power could not celebrate the relief for long with this new announcement. The petition by […]

MSEDCL proposes astronomical GSC for solar rooftop

Nagpur: Even as solar rooftop consumers were celebrating the relief given to them by Maharashtra Electricity Regulatory Commission (MERC), MSEDCL has dropped a bombshell. It has proposed astronomical grid support charges, which will make solar power costlier than its own power. The discom, it seems, is hell bent on scuttling the nascent solar sector in […]

Andhra plans to transfer power assets to APPFCL

  Move may help cash-strapped state borrow at competitive rates, clear power dues Gencos and discoms plan to transfer certain assets to AP Power Finance Corp Desperate times need desperate measures. The Andhra Pradesh government plans to transfer the assets of state power generation companies (gencos) and distribution companies (discoms) to the Andhra Pradesh Power […]

Honourable Arbitral Tribunal result favours GPIL

The honourable Arbitral Tribunal dismissed the claim made by Lauren Jyoti Private Limited (Lauren) which is an EPC Contractor, appointed by Godawari Green Energy Limited (GGEL). Godawari Power & Ispat Limited (GPIL) reported to the exchanges regarding the attribution award in the matter of Godawari Green Energy Limited. GGEL is a subsidiary company i.e. a […]