Cement, Energy and Environment

\ supercritical modern plants. I've not kept a restriction: if you are closing a1 00 mw plant you can set up 600 mw, but supercritical. Some people say coal auctions have created problems... This is a big problem in India. For years , people thought whatever we do, the government will bail us out. I think rules have changed. It's an equal opportunity, fair and transparent government. We do things in public domain. We didn't press the button on their computer screens at the time of biding. In the bid document, it is mentioned five-six times you have to bear whatever you bid . It will not be allowed to be passed on to the consumer. Out of 35, if two people have a problem, whether the system is right or those two are right, you can choose. Courtesy: The Economic Times, New Delhi Aug 23, 2015, on Internet AP POWER REGULATOR APPROVES RS 4.83/UNIT FOR WIND PROJECTS The Andhra Pradesh Electricity Regulatory Commission today approved a tariff of Rs 4.83 per unit, without accelerated depreciation, and Rs 4.25 per unit with accelerated depreciation benefit for wind power projects . In an order passed today, G. Bhavani Prasad, Chairman, APERC, and members P. Raghu and P. Rama Mohan, have approved a capital cost of Rs 6 crore per mw including evacuation cost. The tariff structure is applicable for all new wind power projects entering into power purchase agreements with effect from July 31, 2015 and valid till March 31 , 2016. The commission has taken a number of parameters in fixing up with tariff structure for new wind power projects coming up in the State. These include a capital cost of Rs 6 crore per MW, including evacuation cost, the tariff period validity of 25 years, operations maintenance expenses of Rs 8.57 lakh per MW, depreciation of 7 per cent per annum for 10 years, capacity utilisation of 23.5 per cent and return on equity at 16 per cent. The interest cost on debt is pegged at 13 per cent with the loan tenure of 10 years. The interest on working capital has been fixed at 13.5 per cent with the debt equity ratio of 70:30. The State Government has been seeking to aggressively attract wind power firms as a part of its efforts to encourage renewable energy sector. Courtesy: The Economic Times, New Delhi Aug 23, 2015, on Internet Solar WTO'S SHADOW ON INDIA'S SOLAR INDUSTRY Its ruling against domestic sourcing norms calls for a different support strategy The latest World Trade Organisation (WTO) ruling against Indian protection to its solar power industry calls for a policy response. The question is - how India can successfully overcome the double standards of the developed world without compromising on its development needs? The short title of 'India-Solar Cells' dispute (DS456) at the WTO's Dispute Settlements