Sunday, January 15, 2012

DISCLOSING COST OF POWER NOW A MUST FOR DISCOMS

Power distribution companies will have to make public their average cost of power purchase - the minimum price they pay for buying renewable power - following a regulatory intervention. The move comes in the wake of complaints that discoms deliberately understate their average cost of power to arm twist project developers into selling renewable power at a lower price, thus scaring away interested investors.

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