Maharashtra experimented first with the idea of a franchise. But as one of the most industrialised states, will it be equally open to open access? VP Raja, Chairman, Maharashtra Electricity Regulatory Commission (MERC), tells Shashidhar Nanjundaiah why the imperatives are in favour of a successful implementation,
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New interpretation brings sigh of relief
The new open access will encourage private players to enter the power generation segment, The Electricity Act 2003 (EA) had given a five-year notice in 2004 to stakeholders for impleÂmenting open access (OA).
A more sustainable model for discoms
After being stuck in dispute for nearly 12 years, the newly implemented DOA clause in the Electricity Act hopes to bring about a more competitive environment for power distribution companies and lead to further reforms.
The number of accounts getting restructured has increased dramatically
Restructuring is fast becoming a norm among infrastructure and power companies in particular. With a 30 per cent exposure within infrastructure to power, SBI has been acting on both restructuring as well as advising the government on what norms to adopt for discoms before finance.
On the foothills of an uncertain year
One of the key challenges in infrastructure is facilitating the flow of projected but large amounts of capital into infrastructure. Current trends indicate that there might be a funding shortfall of over $300 billion,
Power proj to rural AP
The AP Government is planning to start execution of works for the AP Rural High Voltage Distribution Project by March next year.
Infra lender faces the risk of execution and regulatory uncertainties
As the country's most experienced lead finance arranger for infrastructure projects, SBI Capital Markets, turned 25 this year, S Vishvanathan, MD and CEO, projects what
the journey for infrastructure finance and project structuring means, and says uncertainties and other hurdles are temporary in the long run.