NTPC takes CERC to court over new tariff guidelines

Mar 09 2014, 00:48 IST
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NTPC files petition in Delhi High Court seeking stay on regulations. Express NTPC files petition in Delhi High Court seeking stay on regulations. Express
SummaryNTPC files petition in Delhi High Court seeking stay on regulations

deprived of this tax arbitrage.

In the public hearing held by the CERC on draft tariff regulations 2014-19 in January, NTPC had pleaded with the regulator not to go ahead with proposed changes. The regulator did provide some sops, like reduction in threshold PLF for payment of generation incentives from 85% to 83% and relaxation in operational efficiency parameters for ageing 200 mw units and recovery of water charges. However, NTPC remains unhappy with the new regulations.

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