July 30 and 31 has said prevention of such occurences requires strict adherence to grid discipline. A CERC official told Business Standard the report was given last Thursday.

CERC panel on grid collapse pitches for strict discipline

Business Standard

The Central Electricity Regulatory Commission (CERC) has recommended to the power ministry that power exchanges should be exempted from non-transferable specific delivery contracts from the purview of the Forward Contracts Regulation Act, (FCRA) 1952. This would enable these exchanges to enter into long-term electricity contracts, not permissible at present, as they are now allowed to enter up to 11 days of contracts.

'Exclude exchanges from FCRA'

Issues like amendments to the Electricity Act 2003, relating to section 11 invoked by states to curb open access; single buyer model; appraisal of regulators, etc are likely to dominate the discussion between power minister Veerappa Moily and the Forum of Regulators (FOR), a representative body of power regulators, on August 29.
The power ministry has recommended the inclusion of a new section, 89 (6), to carry out annual review of regulatory commissions by a multi-disciplinary body, which

Moily to meet regulators over Electricity Act amendments 

The government has mopped up Rs 600 crore from the realty players since 2006, and hopes to recover another Rs 1,000 crore.

Govt firm on VAT recovery from builders in Maharashtra

Amid the controversy over the allocation of coal blocks by the government, the power ministry has said it expects Coal India and its subsidiaries to supply 347 million tonnes (mt) of coal this financial year, compared with 312 mt in 2011-12, a rise of 10.1 per cent. For this, 70 mt would have to be imported through MMTC and State Trading Corporation, it stated. For captive coal mines allocated to power utilities, the ministry has projected production at 25 mt.

Coal supply likely to rise 10% in FY13

India's nuclear power regulator Atomic Energy Regulatory Board (AERB) has downplayed observations made by the Comptroller and Auditor General (CAG) in its report. Instead, AERB said it had always put its efforts by periodical safety review, regulatory inspections and monitoring of various parameters that highest safety standard was always maintained at all its regulated facilities. Further, AERB secretary R Bhattacharya told Business Standard: "There has been no nuclear related incident in any of the 19 operating nuclear power plants in India&rdquo;.

AERB downplays CAG report, says high safety standards maintained

The Maharashtra Electricity Regulation Commission (MERC) on Wednesday directed Tata Power Company (distribution) not cherry-pick consumers of Reliance Infrastructure (distribution) under the switchover process.

Regulator asks Tata Power not to cherry-pick R-Infra customers

The grid failures that resulted in power outages across 21 states on July 30 and 31 have led to a renewed focus on hydro capacity addition, which can help address demand-supply issues.

Develop hydro capacity to address demand-supply gap

A committee headed by Central Electricity Authority (CEA) Chairman A S Bakshi, which probed the massive grid failures on July 30 and 31, has recommended the unscheduled interchange (UI) mechanism and protection systems to avoid grid disturbances be revisited. The UI mechanism, introduced in July 2002 in the western region, is a penalty structure for state utilities that default in drawing power, endangering grid security.

Revisit current power penalties, go for frequency control

Maharashtra&rsquo;s financial planning is expected to go haywire in 2012-13, thanks to the proposed expenditure of a whopping Rs 4,000 crore on drought relief measures.

Maharashtra mulls cut in development spending

The City and Industrial Development Corporation (Cidco), the nodal agency for the Navi Mumbai International Airport project, on Saturday sought Prime Minister Manmohan Singh&rsquo;s intervention for an early approval of the request for qualification (RFQ) for the project. Cidco also sought financial assistance from the Centre for pre-development costs.

PM help sought in Mumbai airport project

The Maharashtra government has swung into action to assure north eastern people in the state of security and called upon them not to fall prey to rumours.

Maharashtra govt assures security for north eastern people

The City and Industrial Development Corporation (Cidco), the nodal agency for the Navi Mumbai International Airport project, on Saturday sought Prime Minister Manmohan Singh's intervention for an early approval of the request for qualification (RFQ) for the project. Cidco also sought financial assistance from the Centre for pre-development costs.

Cidco bats for Navi Mumbai airport nod

The Atomic Energy Regulatory Board (AERB) has laid down several conditions, while granting approval for the initial fuel loading by Nuclear Power Corporation (NPC) into the first unit of the Kudankulam nuclear plant.

AERB's nod for initial fuel loading has riders

Prime Minister Manmohan Singh on Saturday reiterated the government&rsquo;s commitment to work with the judiciary and said that the Law Commission was looking at the improvements in the court procedure and processes for a better criminal justice system. He stressed the need for delivering timely justice to millions of people in the country at an affordable cost.

Govt for better justice system: PM

The state power regulator today gave nod to Maharashtra State Electricity Distribution Co (better known as MahaVitaran) to hike power tariff by 16.48 per cent. The state-run discom had demanded a 17.68 per cent hike.

MERC approves 16.48% rate hike for MahaVitaran 

The ruling-coalition partner in Maharashtra, the Nationalist Congress Party (NCP) &mdash; whose image in the state has taken a beating especially in the wake of alleged involvement of party&rsquo;s senior ministers in various scams and also the inept handling by party&rsquo;s home minister to effectively handle law and order situation &mdash; is striving to restore it&rsquo;s reputation.

NCP's image makeover drive faces graft allegation hurdle

The Maharashtra sugar industry is shocked over rapid diversion of sugarcane for fodder, especially in the drought-hit districts. According to the industry&rsquo;s calculation, so far, 25 million tonnes (mt) of sugarcane have been diverted as fodder and it fears more diversion would take place if there isn&rsquo;t any rainfall in the coming days, especially in the 64 talukas where rainfall has been below 25 per cent. However, cane growers are happy to make a fortune as they are getting Rs 2,500- Rs 3,000 a tonne.

Nearly 25 mt cane diverted for fodder in Maharashtra

As India&rsquo;s ace cricketer &lsquo;Very Very Special&rsquo; or VVS Laxman called it a day, a firebrand Maharashtra Navnirman Sena (MNS) chief Raj Thackeray began a new chapter in his political career &ndash; through moderately successful image management that projected him as an inclusive politician rather than one responsible for bashing of North Indians and promoting the politics of hate.

Newsmaker: Raj Thackeray

Public prosecutor Ujjwal Nikam termed today's Supreme Court's order upholding the death sentence for 26/11 Mumbai attacks convict Mohammed Ajmal Kasab as a pathfinding decision. Nikam, who appeared for the Maharashtra government in both the Bombay High Court and in the Supreme Court with leading counsel Gopal Subramaniam, in an interview with Sanjay Jog said the historical judgement has proved that the Mumbai terror attacks were plotted in Pakistan.

Show no mercy to Kasab: Ujjwal Nikam

Public prosecutor in the 26/11 Mumbai attacks case Ujjwal Nikam termed the Supreme Court&rsquo;s order upholding the death sentence for Ajmal Kasab, convicted in the 26/11 Mumbai attacks, a historic one. Nikam, who appeared for the Maharashtra government in both the Bombay High Court and the Supreme Court with counsel Gopal Subramaniam, in an interview with Sanjay Jog, said the judgment proved the terror attack was hatched in Pakistan.

Sanjay Jog

Sanjay Jog

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