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EXPLAINED: Cerc | Vintage Vibes

IEX shares fall 4% after Supreme Court denies hearing market coupling case

Indian Energy Exchange shares declined after the Supreme Court allowed the Central Electricity Regulatory Commission to continue framing regulations on market coupling, while clarifying it had not expressed any view on the merits of the case. The decision keeps regulatory uncertainty alive for the country's largest power exchange.

The Economic Times

Tuition will be free at a New York City medical school thanks to a $1 billion gift

Tuition will be free at a New York City medical school thanks to a $1 billion gift

Ruth Gottesman is a professor emerita of pediatrics at the Albert Einstein College of Medicine in New York City. Gottesman's late husband, David, left the money to her upon his death.

CERC approves hard cost of ₹689.61 crore for installing emission control system at NLC Tamil Nadu’s power plant in Thoothukudi

CERC approves hard cost of ₹689.61 crore for installing emission control system at NLC Tamil Nadu’s power plant in Thoothukudi

.CERC approves ₹689.61cr for NLC Tamil Nadu Power to install emission control systems to meet SO2 norms. NLC awarded contracts to BHEL and Tecton for WFGD, chimney and desalination plant. CEA recommended hard cost of ₹45 lakh/MW, but CERC approved higher cost due to outdated CEA norms.

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Transmission corridor: 50% of tariff would be under national component: CERC

Transmission corridor: 50% of tariff would be under national component: CERC

Raman Research Institute faculty to receive grant worth $8 million from Canada

Professor Urbasi Sinha from the Quantum Information and Computing (QuIC) laboratory at the Raman Research Institute (RRI) has been appointed as the Canada Excellence Research Chair (CERC) in Photonic Quantum Science and Technologies.

Aptel rules in favour of Tangedco over declaring transmission corridor a national asset

Aptel rules in favour of Tangedco, sets aside CERC order denying strategic importance to Raigarh-Pugalur-Thrissur HVDC transmission corridor. Aptel directs CERC to pass fresh order after consulting statutory authorities & considering letter from Union Ministry of Power. This will reduce transmission charges on TN by ₹504 crore/yr.

NLCIL’s plea to recover tax liabilities from State discoms not maintainable, says CERC

NLCIL’s plea to recover tax liabilities from State discoms not maintainable, says CERC

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AP-Transco gets CERC nod for recovering ₹114 crore as Inter-State Transmission charges

AP-Transco gets CERC nod for recovering ₹114 crore as Inter-State Transmission charges

K. Vijayanand, Special Chief Secretary (Energy) and AP-Transco CMD, said on June 24 that the AP-Transco had filed a petition before CERC for the determination of yearly charges for 40 IST lines

Establish State Load Dispatch Centre under independent entity within six weeks: HC

Establish State Load Dispatch Centre under independent entity within six weeks: HC

The High Court of Karnataka has directed the State government to set up the State Load Dispatch Centre (SLDC) under an independent entity within six weeks while pointing out that the State has not fulfilled this mandate of the Electricity Act, 2003, even after two decades since the law came…

Tribunal rules in favour of Tangedco in dispute against GMR Group companies

Tribunal rules in favour of Tangedco in dispute against GMR Group companies

The CERC had held that the State utility was liable to make a payment to the firms for capacity charges, irrespective of the grid constraint between November 2015 and March 2016, along with the late payment surcharge

Central Electricity Regulatory Commission directs power exchanges to maintain a price cap of ₹12/unit till December

Central Electricity Regulatory Commission directs power exchanges to maintain a price cap of ₹12/unit till December

It expects the demand to remain high owning to the festive season and winter

CERC rejects Tangedco’s plea to recall previous direction on payment of dues

CERC rejects Tangedco’s plea to recall previous direction on payment of dues

Tangedco opposes proposed changes in calculating transmission charges

Tangedco opposes proposed changes in calculating transmission charges

The State utility alleges that it is a way of penalising the beneficiaries

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