37 generating firms cited for not disclosing fuel costs - BusinessWorld Online

37 generating firms cited for not disclosing fuel costs - BusinessWorld Online

THE Energy Regulatory Commission (ERC) said it has issued show-cause orders to 37 generation firms for failing to disclose their fuel costs, which the regulator uses to validate the reasonableness of their generation charges. In a statement on Wednesday, the ERC said the power firms were singled out for allegedly “failing to act on ERC’s letter-orders issued between December 2022 and March 2024.” The orders required the submission of complete se…

ERC issues show-cause orders to 37 allegedly non-compliant GenCos

The Energy Regulatory Commission (ERC) has issued a total of 40 show-cause orders to 37 generation companies (GenCos) after they failed to submit complete fuel purchase documents.These documents are necessary to ensure fair electricity prices charged to consumers.In a statement, the ERC said that it is seeking the explanation of 37 GenCos that failed to act on the ERC’s letter-orders issued from December 2022 to March 2024.The letter-orders had …

Bihar Government Issues Show Cause Notice to 15 Officers

Lagatar24 Desk Patna: The Bihar government’s General Administration Department has taken disciplinary steps against 15 state officers for negligence in updating their data on the Service History Portal, a digital system for maintaining administrative service records. Show cause notices with a deadline All 15 officers have been issued show cause notices and directed to respond by May 19. The department has warned that failure to provide a satisfa…