In a big setback to power traders, such as the Tata Power Trading Co. Ltd , NTPC Vidyut Vyapar Nigam Ltd, Adani Enterprises, PTC India Ltd and Reliance Energy Trading Ltd , the Supreme Court on 15-03-2010 held that the Appellete electricity tribunal(APTEL) has no jurisdiction to look into the validity of regulations framed by the Central Electricity Regulatory Commission (CERC), including the regulation to fix cap on power trading margins. The apex court dismissed petitions of power trading companies which had challenged the regulator’s move to cap trading margin at 4 paise per kWh through a regulation in January 2006. It later increased this to 7 paise on trades done at a rate higher than Rs3 per unit of power.A five-member Bench headed by Chief Justice K G Balakrishnan dismissed the appeals filed by power trading companies. The court clarified that the interpretation was only applicable to CERC and cannot be extended to other regulators.



News 
Tamil Nadu can now boast of the world's first Green legislative Assembly, which has also won LEED-gold certification for its leadership in energy and environmental design. LEED for ‘Leadership in Energy and Environmental Design’ is an internationally recognized building certification programme for g...
In what is being billed as the single biggest programme to save electricity, the Kerala State Electricity Board (KSEB) will from 15-03-2010 distribute two 14 watts compact fluorescent lamp (CFL) bulbs to 75 lakh households in the state at subsidised rates. State Electricity Minister A.K. Balan told ...
The Left parties said they oppose the nuclear liability bill that seeks to cap and limit the liability for the operator of a nuclear plant and which is likely to be tabled in the Lok Sabha on 15-03-2010. The bill, which the Left parties said was "a harmful piece of legislation meant to serve the int...
Heavy transmission congestion is affecting smooth power flow in south India especially when temperatures soar. Despite availability of power in the grid and on power exchanges, power demands in the southern states are not met. In view of this unique situation, the Indian Energy Exchange (IEX) and Po...
The power situation in Andhra Pradesh is set to worsen in the next three months as the reservoir levels are expected to plummet resulting in lower generation by hydel projects. As on March 3, major reservoirs in the state were holding 556.23 tmc water, which is about 6 per cent less compared with 59...
Showing that the dispute between the power and petroleum ministries is very much alive, power secretary H S Brahma has written to his counterpart in the petroleum ministry, S Sundareshan, seeking gas from Reliance Industries Ltd's Krishna-Godavari gas for the National Thermal Power Corp at the origi...
After the search giant revealed that it has developed a new mirror technology that could slash the cost of building a solar thermal plant, Google's plan to develop renewable energy that is cheaper than coal could soon bear fruit, reports Rachel Fielding, BusinessGreen. The project is focused on redu...
Power minister Sushil Kumar Shinde introduced a Bill in the Lok Sabha on 08-03-2010 that proposes key amendments in the existing Energy Conservation Act, 2001 to empower the Bureau of Energy Efficiency (BEE) to specify qualifications, criteria and conditions for the accreditation of energy auditors....
The fate of power projects of nearly 26,000 Mw in the economically fragile Sindhudurg and Ratnagiri districts of Maharashtra hangs in the balance. The Ministry of Environment and Forests (MoEF) has told the state government that its clearance to these power plants in the two coastal districts, which...














