o Bamunara Industries Welfare ... vs West Bengal Electricity ... on 5 March, 2020 By indiankanoon.org Published On :: Thu, 05 Mar 2020 00:00:00 +0530 1. By this appeal, challenge has been brought to order dated 04.03.2015 of first Respondent i.e. West Bengal Electricity Regulatory Commission (hereinafter variously referred to as "WBERC" or "State Commission") in case No. TP-55/13-14 thereby determining Multi Year Tariff (MYT) for the period beginning with financial year (FY) 2014-15 upto FY 2016-17 by which the appellant, representing a set of industrial consumers, claims to be adversely affected. The grievances of the Appellant relate to alleged inherent inconsistency in the approach on account of "excessive allowance of power purchase cost"; non-compliance of Tariff Regulations in matter relating to "Provisional Determination of Project Cost" of specific units; incorrect treatment of "non-tariff income"; and, erroneous "recurring" allowance of "interest on working capital loan" provided by Government of West Bengal without scrutiny as to delay in repayment. Full Article
o Techno Electric And Engineering ... vs Central Electricity Regulatory ... on 5 March, 2020 By indiankanoon.org Published On :: Thu, 05 Mar 2020 00:00:00 +0530 Mr. Amit Kapur Ms. Poonam Verma Mr. Saunak Kumar Mr. Rajguru Mr. Sidhant Kaushik Ms. Aparajita Upadhyay Ms. Adhishree Chakraborty Ms. Sakshi Kapoor Counsel for the Respondent(s) : Ms. Abiha Zaidi for R-2 Order PER HON'BLE MR. S. D. DUBEY, TECHNICAL MEMBER IA No. 324 of 2020 Full Article
o Zamil Infra Private Limited vs Haryana Power Purchase Centre ... on 6 March, 2020 By indiankanoon.org Published On :: Fri, 06 Mar 2020 00:00:00 +0530 1. The dismissal of the claim brought before the Haryana Electricity Regulatory Commission (the Commission) under Section 86(1)(f) of the Electricity Act, 2003 for recovery of Rs. 76,61,606/- on account of "deemed generation" against the Respondent Discom, registered as case No. HERC/PRO-69 of 2017 "for want of prosecution" by order dated 16.01.2019, followed by dismissal of the prayer for Appeal No. 75 of 2020 Page 2 of 6 restoration of the said case by order dated 25.04.2019, has led to the present appeal being instituted before us. 2. We have heard the learned counsel on all sides and have gone through the record. We are of the view that the appeal must be allowed. We set out our reasons hereinafter. Full Article
o M/S. Sudhakara Infratech Private ... vs Uttar Pradesh Electricity ... on 6 March, 2020 By indiankanoon.org Published On :: Fri, 06 Mar 2020 00:00:00 +0530 1. Against the backdrop of validity of certain acts of the third Respondent (Procurer) encashing the Performance Bank Guarantee and terminating the Power Purchase Agreement (PPA) being questioned by the Appellant (Developer), the issues of the propriety of the approach of Appeal No. 319 of 2019 & IA Nos. 1565, 1566 & 1915 of 2019 Page 2 of 37 the first Respondent - Uttar Pradesh Electricity Regulatory Commission (hereinafter referred to variously as "UPERC" or "State Commission" or "Commission") - to the process of adjudication and the general expectation of its neutrality particularly at the stage of an appellate scrutiny of its decision by this Tribunal have come up for consideration in this appeal. Full Article
o Adani Power Maharashtra Limited vs Maharashtra Electricity ... on 11 March, 2020 By indiankanoon.org Published On :: Wed, 11 Mar 2020 00:00:00 +0530 1. The brief facts that led to filing of the present appeal are as under: 3 In terms of guidelines issued by Ministry of Power (MoP) for determination of tariff by bidding process for procurement of power by distribution licensees, on 18.05.2009, Respondent No.3- MSEDCL issued a request for proposal for procurement of 2000 MW (+30%-20%) for a period of 25 years on long term basis. In that process, the following bidders were qualified: i. Emco Energy Ltd. ( 200 MW @2.879 Rs/kWh) ii. Rattan India Power Ltd. (Amravati) ( 1200 MW @ 3.260 Rs/kWh) iii. Adani Power Maharashtra Ltd (1200 MW @ 3.280 Rs/kWh) iv. Rattan India Power Ltd. (Nashik) (950 MW @ 3.450 Rs/kWh v. Wardha Power Company Ltd. (675 MW @ 3.620 Rs/kWh) Full Article
o Madurai Power Corporation ... vs Tamil Nadu Electricity ... on 12 March, 2020 By indiankanoon.org Published On :: Thu, 12 Mar 2020 00:00:00 +0530 1. These two matters have come up against almost identical backdrop of proceedings recorded by Tamil Nadu Electricity Regulatory Commission (hereinafter referred to variously as "TNERC" or "State Commission" or "Commission"), the Appellant in first captioned appeal being Madurai Power Corporation Private Limited, which was the petitioner in D.R.P. No. 19 of 2012, the second captioned appeal having been instituted by Samalpatti Power Company Private Limited, petitioner in D.R.P. No. 16 of 2012. 2. It appears that the said two petitions had come up for consideration before the State Commission around the same point of time, the hearing having been concluded, the orders having been reserved by similar proceedings recorded on 21.12.2018. Noticeably at that stage, the State Commission was functional in full strength with the Chairman and two Members in position. Before orders could be passed in either of the said matters, one of the members (Mr. G. Rajagopal) Appeal No. 127 of 2019 and Appeal No. 146 of 2019 Page 3 of 8 demitted office in January, 2019. Meanwhile, certain written submissions had been placed on record by the parties which were respondents before the State Commission (respondents in these appeals as well). Along with the said written submissions, certain documents were submitted to which exception was taken by the appellants primarily on the ground that it was new material, taking on board the same amounting to (as per their contention) amendment of the pleadings, it being statedly impermissible at the stage at which it had been tendered for record. Since the Registry of the Commission seems to have returned such material upon objections being taken, the respondents herein were constrained to file applications - i.e. IA No. 1 of 2019 in the first captioned matter and IA No. 2 of 2019 in the other matter. Full Article
o Southern Power Distribution ... vs Andhra Pradesh Electricity ... on 12 March, 2020 By indiankanoon.org Published On :: Thu, 12 Mar 2020 00:00:00 +0530 1. This Appeal is filed by Southern Power Distribution Company of Andhra Pradesh Limited challenging the impugned order dated 03.11.2017 passed by Andhra Pradesh Electricity Regulatory Commission (hereinafter referred to as "APERC/Commission"). 2. The brief facts which led to filing of the present Appeal are as under: (i) 2nd Respondent - M/s SNJ Sugars & Allied Products Pvt. Ltd. is a sugar plant with co-generation power plant having capacity of 20 MW. It uses bagasse as a fuel for power generation. It approached the Non-conventional Energy Development Corporation of Andhra Pradesh Limited (known as "NEDCAP") for setting up of power plant and accordingly it got the approval on 07.04.2000. Full Article
o West Bengal State Electricity ... vs Central Electricity Regulatory ... on 13 March, 2020 By indiankanoon.org Published On :: Fri, 13 Mar 2020 00:00:00 +0530 1. The Appellant West Bengal State Electricity Distribution Company (WBSEDCL) has come up with the present appeal challenging the order dated 01.11.2019 of Central Electricity Regulatory Commission (the Central Commission) in Petition No. 298/MP/2018 which had been instituted by the Respondent Damodar Valley Corporation (DVC) seeking declaration as to right to recover a sum aggregating Rs.111,74,47,434 Crores towards principal and delayed payment surcharge at the rate of 1.5% per month as on 31.08.2019 along with further interest till payment. It appears that the Appellant had resisted the claim by raising the issue of limitation pleading that the Appeal No. 20 of 2020 Page 2 of 5 petition of DVC could not be entertained, it being time barred. Full Article
o HETHERINGTON: Left high and dry by RBS's mortgage scandal By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:01:36 GMT In 2013, the Royal Bank of Scotland said we had to reduce our Virgin One mortgage immediately by nearly £7,000. To do this, we sold shares and borrowed money. Full Article
o Ten ways to cut your energy bills as usage soars during lockdown By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:01:43 GMT Householders are being warned that the surge in energy usage will come at a price - with bills set to increase by an average of £32 a month. Full Article
o JEFF PRESTRIDGE: Crisis must not kill off our banks or our cash By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:15:46 GMT There will be many changes for the worse when we finally creep out of lockdown and realise that the economy has gone into shrink mode.Cash will be a 'victim' of coronavirus. Full Article
o Why SHOULD our students pay for digs they can't use during lockdown? By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:15:50 GMT The closure of university campuses in response to the coronavirus has not stopped a number of big corporate providers of student accommodation from demanding full rent . Full Article
o MIDAS SHARE TIPS: Smith & Nephew can ease the pain of lockdown By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:15:53 GMT It is a painful business being a hip replacement company in a pandemic, and Smith & Nephew, like the patients who are waiting for its products, has had little choice but to suffer in silence. Full Article
o Where in the world should you invest? By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:16:00 GMT At the moment it feels like there are only two types of country: nations that have handled coronavirus well and those facing criticism because they have not. Full Article
o Is Bitcoin an idea whose time has finally come or a crazy gamble? By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:16:04 GMT This Tuesday, the Bitcoin is expected to undergo a 'halving'. Will it offer a new opportunity for investors to make a profit? Or as legendary investor Warren Buffett believes, is it no more than 'rat poison'? Full Article
o Trusts set up to preserve fortunes of rich families can protect yours too By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:16:07 GMT We give you the lowdown on those investment trusts where family money still influences the way that they are managed. Full Article
o HENDERSON HIGH INCOME: High Income by name, and by nature By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:16:10 GMT The trust announced the payment of a 2.475p dividend per share for the second quarter of this year - 2.1 per cent higher than 12 months ago, and replicating the payment made three months earlier. Full Article
o Legal fight looms over Hargreaves Lansdown's role in Woodford fund By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:16:14 GMT Litigation specialist RGL Management says it is edging closer to launching a group legal claim against Hargreaves Lansdown for its aggressive promotion of Woodford Equity Income ahead of its closure. Full Article
o SAGE BOSS: Let's use local shops and save our champions By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:28:28 GMT While we cannot predict the long-term impact, we do know that the survival of small and medium businesses will be critical to the recovery, says Sage's boss Steve Hare. Full Article
o The UK has to keep printing money, says former Bank rate-setter By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:30:46 GMT David Blanchflower, who sat on the Bank of England's MPC from 2006 to 2009, has warned that the country will have to keep printing money - despite fears this could lead to soaring inflation. Full Article
o Willie Walsh under fire for BA cuts that spare Spain arm By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:30:50 GMT Willie Walsh, the chief executive of BA's parent IAG faces a grilling before the Transport Select Committee for cutting up to 12,000 BA jobs - more than a quarter of its workforce. Full Article
o Pizza Express prepares to cut a slice off its debt pile By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:30:53 GMT Credit ratings agency Standard & Poor's said the latest measure was agreed ahead of deadlines for two smaller loans due in August. Full Article
o Professional services tax haul set to cost UK Government £14bn By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:00 GMT A decline in the professional services sector will produce one of the biggest hits to the Treasury's tax take, analysis for The Mail on Sunday reveals. Full Article
o Theme parks could axe queues to meet Covid-19 safety standards By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:07 GMT Technology firm Accesso - whose clients include Thorpe Park and Alton Towers - is working on the roll-out of a system that will let customers book timeslots on rides via their mobile phones. Full Article
o Selfridges boss: We're in for hardest year ever By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:10 GMT Anne Pitcher, the Selfridges managing director, replies bluntly when asked how it felt to turn the lights out and pull up the shutters on Oxford Street's most iconic store. 'Awful,' she says. Full Article
o Could Amazon be about to take over your local cinema? By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:13 GMT Sources said Amazon, run by billionaire Jeff Bezos, has run the rule over America's AMC Theatres, the world's largest cinema chain, which also owns Odeon in the UK. Full Article
o Hedge funds bet on £500m cash call at Hammerson By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:17 GMT Analysts are predicting that Hammerson, which owns the Bullring in Birmingham, will be forced to raise money in a rights issue after a major deal to offload retail parks fell through. Full Article
o EasyJet 'may need to raise £1bn cash' through a rights issue By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:20 GMT Mark Manduca, of Citigroup, told institutional clients there was a 'high' probability that easyJet would have to tap investors for money by issuing shares in the next few months. Full Article
o RBS set to target 'Generation Rent' after coronavirus crisis By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:26 GMT RBS forecasts a big fall in home ownership and experts expect the trend to accelerate as house sales resume. Full Article
o STOCK WATCH: Ryanair and the riddle of the soaring biotech shares By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:31:30 GMT There's been plenty of head-scratching over at Omega Diagnostics, one of the biotech minnows whose share price has shot up on the back of its efforts to tackle the pandemic. Full Article
o Russell Hastings on why he won't touch the stock market By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:42:18 GMT Singer and guitarist Russell Hastings thinks the Government should set up a social deprivation fund to help people who have lost income due to the coronavirus. Full Article
o Mail gives £3million boost to small firms By www.dailymail.co.uk Published On :: Sat, 09 May 2020 21:51:12 GMT The Mail on Sunday today launches a £3million support package to help Britain's legion of small firms beat the coronavirus crisis. Full Article
o Reboot your business with FREE adverts worth £3,000 By www.dailymail.co.uk Published On :: Sat, 09 May 2020 22:24:00 GMT From this Wednesday, small business owners can apply for £3,000 of free advertising in DMGT's stable of newspapers. Full Article
o Alison Roman apologizes to Chrissy Teigen after slamming her Cravings empire By www.dailymail.co.uk Published On :: Sat, 09 May 2020 15:37:08 GMT Food columnist Alison Roman shocked Chrissy Teigen's fans on Friday, after saying she was 'horrified' by the model's food-based 'content farm.' Full Article
o Vinnie Jones, 55, reveals he loves 'bashing the s*** out of prima donna actors' By www.dailymail.co.uk Published On :: Sat, 09 May 2020 15:50:35 GMT The star, 55, was sending a personalised message to a fan at £249 a pop. In one clip, he says in reference to his films: 'I hope you enjoy me bashing the s**t out of some of them prima donna actors. I do love it.' Full Article
o Paramore's Hayley Williams reveals she's 'still dealing' with depression and PTSD By www.dailymail.co.uk Published On :: Sat, 09 May 2020 15:51:47 GMT Paramore's music has been a solace for millions of young adults struggling with mental health issues for more than a decade. Full Article
o Michelle Heaton poses moments before falling backwards into her paddling pool By www.dailymail.co.uk Published On :: Sat, 09 May 2020 15:59:06 GMT The 40-year-old singer's impromptu photoshoot ended in disaster when she fell backwards into the pool, ruining her freshly applied make-up. Full Article
o Jessica Mauboy pens moving letter to her mother as they're separated during lockdown By www.dailymail.co.uk Published On :: Sat, 09 May 2020 15:59:18 GMT Jessica Mauboy is separated from her mother Therese while the Northern Territory keeps its borders closed due to the coronavirus pandemic. Full Article
o Kesha sets pulses racing as she strips down to sunbathe topless By www.dailymail.co.uk Published On :: Sat, 09 May 2020 16:01:14 GMT The singer, 33, took the extra time at home to sunbathe topless in her garden, and shared a snap with fans via Instagram on Saturday. Full Article
o Harry Maguire's fiancée Fern Hawkins gives birth to their second daughter Piper Rose By www.dailymail.co.uk Published On :: Sat, 09 May 2020 16:05:37 GMT The couple shared the news to Instagram on Saturday, with the Man United captain, 27, captioning a sweet hospital snap: Welcome to this crazy world baby girl. Piper Rose Maguire' Full Article
o Cameron Daddo reveals he had to 'start over' in Australia after leaving LA By www.dailymail.co.uk Published On :: Sat, 09 May 2020 16:06:42 GMT Cameron Daddo relocated to Los Angeles in 1992 in pursuit of a Hollywood acting career. Full Article
o Gregg Sulkin puts his sculpted muscles on display as he heads to the park By www.dailymail.co.uk Published On :: Sat, 09 May 2020 16:25:44 GMT Gregg Sulkin was spotted enjoying a grueling workout in his local park on Friday. The 27-year-old wore activewear and ensured he still masked up while outdoors during the session. Full Article
o Brad Pitt 'would be delighted' to celebrate his daughter Shiloh's 14th birthday at his compound By www.dailymail.co.uk Published On :: Sat, 09 May 2020 16:36:13 GMT Brad Pitt has high hopes for a big family affair with all his children under one roof on the occasion of his daughter Shiloh's 14th birthday later this month. Full Article
o Ashley Graham buzzes with excitement as she prepares to celebrate her first Mother's Day By www.dailymail.co.uk Published On :: Sat, 09 May 2020 16:51:15 GMT Ashley Graham welcomed her first child, son Isaac, with husband Justin Ervin in January of this year. Full Article
o Emily Atack flaunts her bronzed physique in bikini throwback snap during lockdown By www.dailymail.co.uk Published On :: Sat, 09 May 2020 17:31:18 GMT The actress, 30, flaunted her bronzed physique in the sexy snap after telling fans on Friday she was meant to be on her sister's hen party before the UK was placed in lockdown. Full Article
o Tyra Banks responds to controversial ANTM behavior after unearthed scenes resurface By www.dailymail.co.uk Published On :: Sat, 09 May 2020 17:33:47 GMT Tyra Banks has apologized for her 'insensitive' behavior during some past moments on America's Next Top Model. The show ran for 24 seasons and debuted back in 2003. Full Article
o Malin Andersson proudly showcases her new look after styling her brunette locks into cornrows By www.dailymail.co.uk Published On :: Sat, 09 May 2020 17:38:30 GMT The former Love Island star, 27, flaunted her handiwork via Instagram on Saturday. Full Article
o Beyonce thanks Tina Knowles for her 'incredible vision' as they support COVID-19 testing in Houston By www.dailymail.co.uk Published On :: Sat, 09 May 2020 18:10:10 GMT Beyonce and her BeyGOOD Foundation have been aiding in the fight against the coronavirus pandemic in the United States. Full Article
o Karlie Kloss eats a cookie on the floor in her wedding dress By www.dailymail.co.uk Published On :: Sat, 09 May 2020 18:21:31 GMT The model, 27, posted several throwbacks on Friday, including one of her eating a cookie on the floor on her wedding day to Joshua Kushner. Full Article
o Amanda Holden PICTURE EXCLUSIVE: Presenter poses for a stunning garden shoot By www.dailymail.co.uk Published On :: Sat, 09 May 2020 18:45:14 GMT Amanda Holden celebrated her fundraising success with a stunning garden photo shoot, before slipping into a bikini and enjoying a glass of rosé on Saturday. Full Article