The Delhi High Court on Wednesday asked Central Electricity Regulatory Commission to consider and decide on the NTPC representation against the regulations that would take effect from April 1.
As per the regulations notified by CERC, there will be changes with regard to tax and calculation of incentives for thermal power plants. The regulations also require thermal plants to calculate incentives based on plant load factor (PLF) rather than plant availability factor (PAF).
The PAF is the declared capacity or the total generation capacity of the plant, whereas PLF is the actual generation which is based on the demand.
According to sources, with the new guidelines coming into place from April 1, the company may find it difficult to find lenders in the future as the new regulations may impact the company's financials. They said it will make its presentation to CERC within a week.
NTPC has said that it will suffer a loss of around Rs 7,000 crore if regulations come into effect. The company has also said that it should be incentivised on total generation capacity of its plants.
CERC is expected to submit the report to the Delhi High Court in a month's time. Query sent to NTPC CMD Arup Roy Choudhury remained unanswered.
‘Recent CERC order will have 8-10 per cent downward impact on NTPC's profitability and therefore it is a cause of concern for NTPC,’ said Deloitte Senior Director (Consulting) Debasish Mishra.
SJVN Rampur hydel plant starts power generation
New Delhi: SJVN on Thursday said its Rampur hydro electric project in Himachal Pradesh has started generating power and will operate at full capacity by June. ‘The 412 MW Rampur project has commenced power generation today with the synchronisation of its first 68.67 MW unit with the Northern Grid,’ state-run SJVN Ltd said in a statement.
The project will now be able to supply electricity to the northern transmission grid. ‘All the six turbine units of 68.67 MW each will be commissioned in the next three months,’ SJVN Chairman and Managing Director R P Singh said.
The first three units will start power generation during the current financial year, while the remaining three units will be commissioned by June. Once the project is fully operational, it will generate 1,770 million units of?electricity per annum, of which 30 per cent will be supplied to Himachal Pradesh. As the home state, Himachal will also get 12 per cent free power from the plant. ‘The balance power will be supplied to the northern grid states’ he said.
SJVN’s present installed capacity is 1,547.6 MW, including 1,500 MW in hydropower and 47.6 MW from wind plants. SJVN is a joint venture between the Indian government and and the Himachal Pradesh government formed to execute, operate and maintain hydro electric power projects.
The company is implementing 10 hydroelectric projects in HP, Uttarakhand, Nepal and Bhutan.
As per the regulations notified by CERC, there will be changes with regard to tax and calculation of incentives for thermal power plants. The regulations also require thermal plants to calculate incentives based on plant load factor (PLF) rather than plant availability factor (PAF).
The PAF is the declared capacity or the total generation capacity of the plant, whereas PLF is the actual generation which is based on the demand.
According to sources, with the new guidelines coming into place from April 1, the company may find it difficult to find lenders in the future as the new regulations may impact the company's financials. They said it will make its presentation to CERC within a week.
NTPC has said that it will suffer a loss of around Rs 7,000 crore if regulations come into effect. The company has also said that it should be incentivised on total generation capacity of its plants.
CERC is expected to submit the report to the Delhi High Court in a month's time. Query sent to NTPC CMD Arup Roy Choudhury remained unanswered.
‘Recent CERC order will have 8-10 per cent downward impact on NTPC's profitability and therefore it is a cause of concern for NTPC,’ said Deloitte Senior Director (Consulting) Debasish Mishra.
SJVN Rampur hydel plant starts power generation
New Delhi: SJVN on Thursday said its Rampur hydro electric project in Himachal Pradesh has started generating power and will operate at full capacity by June. ‘The 412 MW Rampur project has commenced power generation today with the synchronisation of its first 68.67 MW unit with the Northern Grid,’ state-run SJVN Ltd said in a statement.
The project will now be able to supply electricity to the northern transmission grid. ‘All the six turbine units of 68.67 MW each will be commissioned in the next three months,’ SJVN Chairman and Managing Director R P Singh said.
The first three units will start power generation during the current financial year, while the remaining three units will be commissioned by June. Once the project is fully operational, it will generate 1,770 million units of?electricity per annum, of which 30 per cent will be supplied to Himachal Pradesh. As the home state, Himachal will also get 12 per cent free power from the plant. ‘The balance power will be supplied to the northern grid states’ he said.
SJVN’s present installed capacity is 1,547.6 MW, including 1,500 MW in hydropower and 47.6 MW from wind plants. SJVN is a joint venture between the Indian government and and the Himachal Pradesh government formed to execute, operate and maintain hydro electric power projects.
The company is implementing 10 hydroelectric projects in HP, Uttarakhand, Nepal and Bhutan.