News Detail

<p style="text-align: justify;"><strong><span style="font-size:14px"><span style="font-family:calibri">News:</span></span></strong></p> <p style="text-align: justify;"><span style="font-size:14px"><span style="font-family:calibri"><span style="color:rgb(0, 0, 0)">The amendments to the national tariff policy (NTP) for electricity are likely to be placed in the Union Cabinet this week. After the announcement of the Ujjwal Discom Assurance Yojana (UDAY), the Centre is likely to tighten regulations to help in the execution of the scheme.<br /> <span style="font-size:10px">Source: Business Standard</span></span></span></span></p> <p style="text-align: justify;"><span style="font-size:14px"><span style="font-family:calibri"><strong><span style="color:rgb(0, 0, 0)">SNP Insights:</span></strong></span></span></p> <p style="text-align: justify;"><span style="font-size:14px"><span style="font-family:calibri"><span style="color:rgb(0, 0, 0)">The proposed amendment in Tariff policy is a strategic move by the government to benefit the all allied stake holders in term of boosting renewable energy, improving quality of power and pass through scheme&nbsp;of fuel cost incase of CIL shortfall to summarise it all. Apart from protecting the&nbsp;consumer from the risk of cost overrun of power plant by not including any component of clearances and forex fluctuation in the tariff calculation, it may hinder the dollar based bidding concept of solar project dwindling the future investments.<br /> <span style="font-size:10px">Source: SNP Infra Research</span></span></span></span></p>