Latest news with #2003
Time of India
4 hours ago
- Business
- Time of India
Faridabad, Gurugram industrialists meet Haryana Electricity Regulatory Commission to seek tariff revision
1 2 3 Chandigarh: In no mood to give up against increased electricity tariffs, a delegation of prominent industrialists from Gurugram and Faridabad, associated with the PHD Chamber of Commerce and Industry (PHDCCI), on Friday met Mukesh Garg, a member (law) of the Haryana Electricity Regulatory Commission (HERC), at the commission's office in Panchkula. The representatives submitted that Haryana's industrial electricity tariff should be brought in line with those of neighbouring states like Punjab, Himachal Pradesh, and Rajasthan to ensure the state's industrial competitiveness and attract fresh investments. In support of their submission, the delegation also presented a comparative study report highlighting how industries in neighbouring states benefit from lower electricity tariffs. Responding to the concerns, HERC member (law) Mukesh Garg clarified that the commission is a quasi-judicial body which can only act upon properly filed petitions under the provisions of the Electricity Act, 2003. He stated that if any consumer has objections related to the Fuel Surcharge Adjustment (FSA) or the tariff structure, they are required to file a formal petition before the commission, upon which an appropriate decision can be made. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo He further informed that the commission is presently hearing a review petition filed by the Yamunanagar-Jagadhri Chamber of Industry and Commerce and Laghu Udyog Bharati. He also shared that prior to issuing the tariff order for the financial year 2025-26 on March 28, the commission conducted a public hearing in which all stakeholders were provided the opportunity to present their views. Garg assured that both he and the commission's chairperson Nand Lal Sharma are fully committed to ensuring strict adherence to the provisions of the Electricity Act, 2003, and that the interests of consumers remain paramount at all times. Present during the meeting were PHDCCI Haryana Chapter co-chair Shri Pranav Gupta, senior industrialist M K Gupta, IMT Industrial Association Faridabad president Pramod Rana, along with several other representatives. The delegation also submitted a formal memorandum requesting a review and possible revision of the electricity tariff. MSID:: 122907278 413 |
See - Sada Elbalad
2 days ago
- Business
- See - Sada Elbalad
Egypt Declares Thursday Paid Public Holiday to Mark July 23 Revolution Anniv.
Ahmed Emam The Egyptian government announced that Thursday, July 24, 2025, will be a paid public holiday, in lieu of Wednesday, July 23, to mark the anniversary of the 1952 July 23 Revolution. The move aligns with a Cabinet decision to shift official holidays to the end of the week to provide extended breaks for workers. According to the Prime Minister's Decree No. 2474 of 2025, the holiday will be granted to employees across ministries, public authorities, state administrative bodies, public sector companies, and public business sector enterprises. The private sector will also observe the holiday under the provisions of Egyptian Labor Law No. 12 of 2003. The Ministry of Labor issued Circular No. 15 of 2025, clarifying that private sector workers covered by the labor law are entitled to a fully paid day off on Thursday, July 24. The decision is made in accordance with Article 52 of the labor law, which grants employees paid leave on official public holidays as determined by the competent minister. The circular emphasized that employers may require employees to work on the holiday if necessary for business operations. In such cases, workers are entitled to double their standard pay for the day, in addition to their regular wage. The Ministry urged all central administration heads and labor directorates across the country to implement the circular at workplaces and production sites and ensure full compliance with its provisions. The July 23 holiday commemorates the 1952 revolution led by the Free Officers Movement, which ended the monarchy and laid the foundations of modern republican Egypt. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks
IOL News
17-07-2025
- IOL News
Gauteng police investigate the discovery of six charred foetuses in Soweto
The Gauteng police are appealing for assistance following the disturbing discovery of six charred foetuses in Protea Glen Extension 12, Soweto, on Monday morning. Image: Pixabay / pexels The Gauteng police and the provincial Department of Health have appealed for more information that could lead to the people or institutions responsible for the six foetuses that were discovered in an open veld in Soweto. This comes as the community of Protea Glen Extension 12 in Soweto reportedly woke up to the gruesome discovery of six charred newborn babies at an illegal dumpsite on Monday, July 14, 2025. The incident was confirmed by Gauteng police spokesperson, Lt Colonel Mavela Masondo, who revealed that the police were alerted to the unaccounted-for foetuses on Monday. "Police have opened a case of concealment of birth, with six counts, after six foetuses were discovered in an open veld in Protea Glen, Soweto, on Monday, 14 July 2025. Police were called by a member of the community after a man who was looking for scraps noticed slightly burned foetuses," he said. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ As the police continue their investigation, the Gauteng Department of Health stated that it was not aware of the incident. Departmental spokesperson Motalatale Modiba said there are measures for mothers and healthcare professionals to properly dispose of their unborn babies. "The department is not aware. If the body of the foetus weighs more than 1,000g and the parent wishes to bury it, they may contact their funeral parlour to arrange for collection. If the mother requests that the Department of Health incinerate the body, the body is incinerated following the National Health Act,2003 (Act No 61 of 2003) on management and handling of the body/tissue. If the weight of the foetus is below 1,000g, the disposal of the tissue is handled by the registered contracted medical waste company," he said. Modiba urged the community to come forward with information that could lead to the arrest of those responsible. "The department has records of all choices on termination of pregnancies performed in the departmental health facilities in Soweto." On whether there is a syndicate that operates illegal abortion facilities or whether some healthcare facilities could be responsible, Modiba said at this point, they are not aware of any such syndicates. "The department is not aware of any illegal abortion centres operating in Soweto. If any facility is operating illegally without being designated by the Member of Executive Council (MEC), the department has the power to close it down. The department has records of all choices on termination of pregnancies performed in the departmental health facilities in Soweto," he added.
The Print
15-07-2025
- Business
- The Print
CERC rejects CESC's 300 MW hybrid power tariff bid over procedural lapses
CESC sought to adopt a tariff of Rs 3.81 per kWh for the hybrid power procurement. The power utility had failed to obtain prior approval for deviations in the bidding process from the appropriate authority, which in this case should have been the Centre and not the West Bengal government, the CERC said in its report. Kolkata, Jul 15 (PTI) The Central Electricity Regulatory Commission (CERC) has rejected a petition by CESC Ltd seeking approval for the adoption of tariff for the long-term procurement of 300 MW power from grid-connected wind-solar hybrid projects, citing non-compliance with competitive bidding guidelines. 'We reject the adoption of the tariff so discovered, as the petitioner has not complied with the bidding guidelines under Section 63 of the Electricity Act. The petitioner may go for re-bidding, if so advised, strictly in accordance with the guidelines issued under Section 63 of the Act,' the CERC said in the order. CESC had floated the tender on November 8, 2024, for procuring 150 MW wind-solar hybrid power with a greenshoe option for an additional 150 MW, aiming to meet its renewable purchase obligations. The project was proposed to be located in Mandsaur in Madhya Pradesh. The final tariff was discovered through competitive bidding and an e-reverse auction conducted on December 27, 2024. Purvah Green Power Pvt Ltd, a subsidiary of CESC, emerged as the successful bidder for the entire 300 MW capacity. CESC did not respond to requests for comments till the time of filing of this report. The Commission noted that despite being aware from a previous case (Petition No. 365/AT/2024) that approval for deviations in inter-state transmission system (ISTS)-connected projects must be obtained from the central government, CESC proceeded with approvals from the West Bengal government. The Commission also observed that CESC had misled the state government by not disclosing the ISTS nature of the project and continued the tender process despite being aware of the requirement to approach the Centre. 'The Commission had condoned this requirement once as an exception, but cannot make the exception a rule,' the order said, referring to a previous instance where similar deviations were allowed in view of exigencies. 'Acceptance of the petitioner's prayers in the instant petition would not be in consonance with the principles as contained in Section 63 of the Electricity Act, 2003,' it added. CESC defended the higher-than-average tariff by citing two key advantages in the winning bid. First, the project promised a higher Capacity Utilisation Factor (CUF) of 50 per cent, well above the usual 30 per cent for comparable hybrid projects. Additionally, the bidder committed to completing the project within 20 months, shorter than the standard 24-month timeline, which CESC claimed could result in potential savings of Rs 0.02 per kWh. The Commission further pointed out that awarding the entire 300 MW capacity to a related party. 'Another interesting point to note is that in response to the RfS in Petition 365/AT/2024 as well as the present petition, the bidders participating in the bids are precisely the same, and the winning bidder, being a wholly owned subsidiary of the petitioner, is also the same. While this could be a coincidence, it raises a question mark on transparency,' the order noted. The Commission also rejected CESC's justification of the higher tariff on the grounds of higher capacity utilisation and project timelines, noting that the company's comparison of the discovered tariff with short-term prices in the Green Day-Ahead Market (G-DAM) was misplaced. CERC clarified that such comparisons are not valid under the guidelines, which require benchmarking against tariffs discovered through long-term competitive bidding. The July 9 order advised CESC to go for re-bidding strictly in accordance with the guidelines issued under Section 63 of the Electricity Act. PTI BSM NN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
15-07-2025
- Business
- Time of India
CERC rejects CESC's 300 MW hybrid power tariff bid over procedural lapses
The Central Electricity Regulatory Commission (CERC) has rejected a petition by CESC Ltd seeking approval for the adoption of tariff for the long-term procurement of 300 MW power from grid-connected wind-solar hybrid projects, citing non-compliance with competitive bidding guidelines. The power utility had failed to obtain prior approval for deviations in the bidding process from the appropriate authority, which in this case should have been the Centre and not the West Bengal government, the CERC said in its report. CESC sought to adopt a tariff of Rs 3.81 per kWh for the hybrid power procurement. "We reject the adoption of the tariff so discovered, as the petitioner has not complied with the bidding guidelines under Section 63 of the Electricity Act. The petitioner may go for re-bidding, if so advised, strictly in accordance with the guidelines issued under Section 63 of the Act," the CERC said in the order. CESC had floated the tender on November 8, 2024, for procuring 150 MW wind-solar hybrid power with a greenshoe option for an additional 150 MW, aiming to meet its renewable purchase obligations . The project was proposed to be located in Mandsaur in Madhya Pradesh. The final tariff was discovered through competitive bidding and an e-reverse auction conducted on December 27, 2024. Purvah Green Power Pvt Ltd, a subsidiary of CESC, emerged as the successful bidder for the entire 300 MW capacity. CESC did not respond to requests for comments till the time of filing of this report. The Commission noted that despite being aware from a previous case (Petition No. 365/AT/2024) that approval for deviations in inter-state transmission system (ISTS)-connected projects must be obtained from the central government, CESC proceeded with approvals from the West Bengal government. The Commission also observed that CESC had misled the state government by not disclosing the ISTS nature of the project and continued the tender process despite being aware of the requirement to approach the Centre. "The Commission had condoned this requirement once as an exception, but cannot make the exception a rule," the order said, referring to a previous instance where similar deviations were allowed in view of exigencies. "Acceptance of the petitioner's prayers in the instant petition would not be in consonance with the principles as contained in Section 63 of the Electricity Act, 2003," it added. CESC defended the higher-than-average tariff by citing two key advantages in the winning bid. First, the project promised a higher Capacity Utilisation Factor (CUF) of 50 per cent, well above the usual 30 per cent for comparable hybrid projects. Additionally, the bidder committed to completing the project within 20 months, shorter than the standard 24-month timeline, which CESC claimed could result in potential savings of Rs 0.02 per kWh. The Commission further pointed out that awarding the entire 300 MW capacity to a related party. "Another interesting point to note is that in response to the RfS in Petition 365/AT/2024 as well as the present petition, the bidders participating in the bids are precisely the same, and the winning bidder, being a wholly owned subsidiary of the petitioner, is also the same. While this could be a coincidence, it raises a question mark on transparency," the order noted. The Commission also rejected CESC's justification of the higher tariff on the grounds of higher capacity utilisation and project timelines, noting that the company's comparison of the discovered tariff with short-term prices in the Green Day-Ahead Market (G-DAM) was misplaced. CERC clarified that such comparisons are not valid under the guidelines, which require benchmarking against tariffs discovered through long-term competitive bidding. The July 9 order advised CESC to go for re-bidding strictly in accordance with the guidelines issued under Section 63 of the Electricity Act.
