MSEDCL rejects
MERC order Mumbai: The Maharashtra State Electricity Distribution
(MSEDCL) has told the state power regulator that it cannot comply with the order
given by the latter last month to purchase costly power.
In a letter
sent to the commission MSEDCL said that the additional charge allowed to be recovered
from consumers for costly power was unrealistic at Rs5.36 a unit as the prevailing
rate in the market is Rs7-8 a unit and even the Central Electricity Regulatory
Commission had increased the ceiling rate to Rs7.45 per unit. It said that the
recovery for purchase of costly power is limited to 400 million units a month
as per a MERC order. MSEDCL
said that for this limited quantity, there would be a gap of Rs 125 crore a month
and if an additional 330 million units are procured, the gap will increase to
Rs379 crore a month, which is financially un-sustainable for the organization.
MSEDCL
suggested the commission should fix the additional charges for costly power realistically
and revise the quantum of costly power that can be purchased. It said the tariff
order for last year had addressed this issue properly. However, the new tariff
order changed the mechanism to collect charges for high cost power, the letter
said.
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Center
not to give free power to power generating states New Delhi: The
center is unlikely to accede to the demands made by Orissa, Jharkhand and Chhattisgarh
for free power. These states have demanded that they receive a portion of the
power they generate in the state free of cost, just as states producing hydroelectricity
do. The ministry
of power has told these states that they can't stand in the way of the nation's
progress by asking for compensation. The chief ministers of these three states
met Prime Minister Manmohan Singh in December last year regarding their strategy
for capacity addition. They argued that as in the case of states with hydel power
potential, they should also receive a portion of the power produced in their state
free of cost to compensate for the environmental costs of the power projects.
The ministry
of power said though it accepted that their issue of environmmental impact is
legitimate, and is being addressed through environmental policy governing coal
mines and power plants but the ministry said it felt that a claim of free power
on the grounds that hydro-rich states are given 12 per cent free power is not
appropriate. The reason being that the distress and dislocation in the case of
hydro power projects is much more severe compared to thermal power projects. More
importantly, the hydro-rich states do not receive any royalty for fuel. Besides
which any initiative to give free power or power at variable cost from new thermal
power plants would give rise to a similar demand from exisiting plants. This would
mean a claim that covers as much as 70,000 mw of generating capacities.
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foreign tourists visit India till April New Delhi: The number
of foreign tourists who visited India till April this year was higher than that
for the same period last year. While 15,52,057 foreign tourists arrived in the
country in 2006, this year the number was 17,55,565, an official release said.
Also, the foreign exchange earned this year through tourist arrivals increased
from Rs9,919 crore last year to Rs11,443 crore this time, it said. The
maximum number of 51,4453 tourists came to the country in the month of January
this year. Last year, the corresponding figure of 44,4260 visitors arrived in
the country. However,
the percentage change in the arrival of foreign tourists from the year 2005-06
to that in 2006-07 dropped from 14.4 per cent to 13.1 per cent. The
foreign exchange earnings also dropped from 16.3 per cent to 15.4 per cent, the
release added.
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