KSEBOA - KSEB Officers' Association

Wednesday
Jun 28th
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home News Power Sector News APERC sets aside order to sell 20% IPP power to open market

APERC sets aside order to sell 20% IPP power to open market

PDF
Hits smaller text tool iconmedium text tool iconlarger text tool icon
APERCIn a setback to the AP State Government and to the independent power producers (IPPs), the AP Electricity Regulatory Commission has set aside the government order allowing IPPs to sell 20 per cent of the power they generated in the open market to compensate for their losses. APERC issued the order after a public hearing on the amendment to the power purchase agreements in favour of the IPPs.

The IPPs proposed amendments to the Power Purchase Agreements entered into with the power distribution companies of the State (Discoms).

They wanted that should be allowed to sell 20 per cent of the power out of the total production to sell in the open market. A committee appointed by the government last year, under the chairmanship of present Chief Minister K Rosaiah, when he was finance Minister, agreed upon these amendments. The government also issued an order no 135 stating that the amendment was made as a policy matter under 108 section of the Electricity Act of 2003.

However, the ERC rejected the government order stating that it could not be considered as a policy matter and also on account of the non-compliance of the government with Section 65 of the Electricity Act, 2003, which states that the government should bear the losses of the Discoms. It took the arguments put forward by objectors K Raghu, M Venugopala Rao and Thimma Reddy in to consideration.

Source - Indian Express
 

Add comment


Security code
Refresh

Random Videos

You need Flash player 6+ and JavaScript enabled to view this video.
Title: Power Quiz 2015 Final - Part-1

Latest Comments

Banner

Reference Book

 

Reference Book on Power

Electrical Engineering-- D' 1/4 Size Hard bound-- 1424 Pages-- Just Rs.1000/- only &n...

Visitors Counter

mod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_counter
mod_vvisit_counterToday2247
mod_vvisit_counterYesterday5106
mod_vvisit_counterThis Month139255
mod_vvisit_counterLast Month149108

Online Visitors: 76
IP: 54.166.250.213
,
Time: 09 : 11 : 00