By Central Electricity Regulatory Commission
GMR Group announced revision of power tariff for GMR Kamalanga Energy, an SPV of GMR Energy following an order passed by Central Electricity Regulatory Commission (CERC) on 16 November 2015.GMR Kamalanga had submitted an application to CERC for determination of the tariff under the PPA. Pending order of CERC, GMR Kamalanga was being reimbursed @ Rs. 2.75 / unit of total tariff. Consequent to the CERC order GMR Kamlanga will be entitled for a price of FY 14 which shall be approximately Rs 3.97/Unit and Rs 3.4/Unit thereafter.
This long pending order would entitle GMR Group to collect all the arrears of power supply from GMR Kamalanga Energy to GRIDCO for power supplied till September 2015.
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