In order to enable power plants to pass on the rise in the cost of imported fuel to end consumers, the Cabinet Committee on Economic Affairs (CCEA) may clear the fuel pass through mechanism.
Tag: mechanism
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Experts advocate private regulatory mechanism
While the debate on regulating large conglomerates of financial companies continues, some experts argue that private (or market-based) regulatory mechanisms may be more efficient in certain cases compared to government regulatory mechanism. These experts argue that government regulators could be captured by special interestsĂâof both the corporate and populist kind. And there is good reason to believe that instances of this kind have occurred in India, expe
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KPMG to work on pricing plan for NMDC
Consulting firm KPMG would work on the pricing mechanism for iron ore supplied by NMDC to steel companies in the country. The country's largest iron-ore producer has hired KPMG to devise a pricing mechanism following complaints by steel companies that NMDC is overcharging them. Media reports suggest that the new pricing mechanism may be implemented