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Investors React to CERC's Power Tariff Guidelines

Last Update 10 July 2024

Investors reacted strongly to CERC's new draft tariff guidelines for central government-owned power utilities, notably impacting NTPC Ltd. The stock plummeted 11% on BSE, slashing market value by ₹14,223 crore. The guidelines aim to tighten operational norms and change incentive structures, potentially reducing NTPC's return on equity by 6.2%.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Foundation laid for 630 MW solar project in MP's Chhatarpur district.

Adani Total Gas initiates production at a biogas plant in Uttar Pradesh

Nextracker Acquires Solar Pile International for $48 Million

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