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CERC tariff plan: Fixed cost cut, leeway for companies to recover variable cost

The tariff regulations will have implications for returns for state-run NTPC the most, as its sells power only through the cost-plus system. The Central Electricity Regulatory Commission (CERC), which determines rates for about 76 gigawatt (GW) power plants that sell power under the ‘cost-plus’ system, has proposed to tighten a few norms for ‘fixed costs’ […]

BHEL to procure goods worth Rs 3,000 cr from small biz annually: Official