
| NEWS NOTES Cost of Central Sector Power in Eastern Region Hiked by 40%
Inspite of serious objection raised by the Government of West Bengal in a meeting convened by secretary (Power), Government of India on 13.01.99 at arbitrary decision against the interests of the States. Apart from West Bengal, the Gride Corporation of Orissa Limited of Orissa government has also taken a strong exception to this step and has approached Central Electricity Regulatory Comission (CERC) for intervention. Interestingly, CERC was formed through promulgation of an Ordinance by government of India, which was in a great ratified in Parliament in June '98. One of the major mandate vested with CERC is to regulate the tariff of generating companies owned and controlled by Central Government. However, for the revision of NTPC power tariff, Government did not approach CERC at all and by an administrative fiat preferred to go for the hike. The obvious purpose is to satisfy the World Bank conditionalities to ensure that the receivables of NTPC goes up to the maximum extent possible before CERC is allowed to regulate the tariff of Central Power Agencies. Eastern Region in the process is being subjected to a gross economic injustice as its Power Stations are being asked to buy power at such an exhorbitant rate from NTPC whereas surplus power from Eastern Region is being sold to other Regions at a lower tariff to suit the political game plan of the Ruling Party at the Centre. |
Search Site
Ganashakti Newsmagazine
74A Acharya Jagadish
Chandra Bose Road
Kolkata,India 700016
email: mail@ganashakti.co.in
Tel: 91-33-2227-8950 Fax: 91-33-2227-6263/8090
©Ganashakti,
Reproduction in any form without permission prohibited
![]()
Home Week Archive Portal
Feedback
Content Editorial Headline World Nation Bengal Column Feature
Contact Us
Site Designed and Hosted by Arijit Upadhyay