The Supreme Court on Wednesday issued notice to the Centre on a petition challenging the legality of the power purchase agreement between Maharashtra State Electricity Board and the Enron-promoted Dabhol Power Corporation.
The Central Electricity Regulatory Commission on Tuesday said it was pressing the Centre for introducing open competitive bidding for power projects and indicated that it may review norms for returns.
After Tatas and Reliance, yet another corporate giant - the Rs 20,000 crore (Rs 200 billion) Essar Group is entering the inter-state power trading business.
The Supreme Court on Monday admitted an appeal filed by Enron promoted Dabhol Power Corporation challenging a Bombay high court order
Reliance Energy also said that a 'load management charge' will be levied on all consumers, whose consumption exceeds 500 units per month in the billing months of May and June.
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