Bringing in tariff changes which will impact how gas is transported over distances, PNGRB has notified a two-zone tariff structure. Zone-I encompasses a distance of 300 km from the gas source, while Zone-II is the distance beyond. Up until now, tariff was determined directly in proportion to distance of gas being transported, that is users […]
Category: Editorial
Editorial- October 2020
In the short term, the government is poised to make big revenue gains in the energy sector through the twin trajectories of BPCL disinvestment and auction of coal mines to private sector companies. BPCL disinvestment which was announced in November 2019, has finally taken off with the government receiving EoIs from companies this month. The […]
Editorial- September 2020
In this edition, findings of two reports one on Nuclear Power and the other CAG audit report on PGCIL are a study in contrast. While the former is a story of performance, the latter is an account of shoddy planning and implementation. How has the Nuclear Power sector fared globally in the Covid situation? How […]
Editorial- August 2020
The government’s business is not to run businesses – for nearly three decades now this economic principle has held sway like a self-evident truth. Disinvestment and Privatization of state corporations have flowed from it unlocking value, bringing in investments and technical efficiencies. This is being reversed in Odisha in the case of Odisha Power Generation […]
Editorial- July 2020
CBI FIRs on financial frauds involving the promoters of GVK and Videocon raises three germane questions. First, what kind of nexuses result in public sector companies overvaluing private assets for acquisition. Second, why government entities routinely allow themselves to be cheated of revenues by their private partners? Third, why do regulators and public entities ignore […]
Editorial- June 2020
The pollution regulator is retracing its steps related to polluting power plants. The CPCB’s latest directions dated May 8, 2020 that levies a penalty at the rate of Rs 18 lakh/month/polluting plant will not control harmful emissions but promote laxity. In the beginning of the year, thermal stations in six states were issued notices and […]
Editorial- May 2020
Aviation, Oil and Gas and Power – all vital infrastructure sectors have been smashed by the pervasive spread of COVID-19 and the resultant lockdown and stoppage of economic activities. Trends indicate that 2020 is a lost year, a zero year; the world is battling a virus that is spreading at a ferocious speed. Staying indoors, […]
Editorial- April 2020
How did COVID-19 virus come to spread so much of mayhem across the world? Who is responsible for causing so much of ruin to life and economy. Our research, sequentially narrated date-wise with the help of charts and tables, leads us to three important conclusions. First, China caused worldwide misery through its repression of doctors […]
Editorial- March 2020
The Insolvency and Bankruptcy Code is being abused by unscrupulous business players. The NCLT resolutions of four companies of the Amtek group which owed admitted claims of Rs 24,945 crore to financial creditors shows this fact. The modus operandi involves several steps: bid sabotage, default, drubbing down the price discovery through sudden withdrawal by the […]
Editorial- February 2020
Relief for stressed power plants is high on government’s agenda. PPA-3 is the third tranche of government’s auction of 2,500 MW for stressed power plants. This scheme was created to help gencos tide over some of their stress due to lack of contracted buyers. This is a central government scheme. Auctions are held in which […]
Editorial- January 2020
It has been four years since UDAY or Ujwal Discom Assurance Yojana (UDAY) was launched but the discoms are still in mega losses. The total discom losses are to the tune of Rs 16,841 crore according to the latest available published data and accounts for profit/loss after tax figures of discoms for 2017-18. Telengana, Uttar […]
Editorial- December 2019
This edition’s cover story is a statistical account of the decline in power generation in our country. Much has been stated about it. So how steep is the fall? There is a decline sure enough from the conventional sources but the renewable generation has gone up. Added to this is the saving from the LED […]