Honourable Supreme Court’s decision last week disallowing “Compensatory Tariff” to Tata Power and Adani Power brings back this power sector invention into limelight. The compensation had earlier been awarded to these companies by the Appellate Tribunal for Electricity (Aptel) to compensate for unforeseen increase in the cost of generation. However, this concept is unique since no other industry … Continue reading Understanding “Compensatory Tariff”..
We are precisely in the middle of the year..! Time for everyone to take stock.. 🙂 The weekly highlights are – RBI releases its Bi-annual Financial Stability report. The report paints a mixed picture where even though the number of “weak” companies has come down, the risk to banking sector has increased. (More on this, … Continue reading Weekly Round Up – Week 26