The Central Electricity Authority (CEA) has issued the Guidelines for Benchmarking of Operation and Maintenance [O&M] Norms for Distribution Utilities. The guidelines have been developed to standardise O&M norms across the sector. The guidelines include O&M benchmarking for major equipment in 33/11 kV substations, covering key equipment identification and maintenance practices for power transformers. Additionally, they recommend treating total expenditure/operational expenditure as a separate head under annual revenue requirement calculations, with reimbursement based on actual expenditure following prudence checks by the relevant regulatory commission. A hybrid approach for determining O&M expenses has also been proposed.
Ministry of Coal announces selected applicants under category-II of financial incentive scheme
The Ministry of Coal has announced the selected applicants under Category II of the financial incentive scheme with a financial outlay of Rs 85 billion. The scheme is open to both private companies and government […]
Mindspace REIT has acquired grade-A office campus in Hyderabad
Mindspace Business Parks REIT, a real estate investment trust (REIT), has acquired a commercial asset, Commerzone Raidurg, a Grade A office campus in Hyderabad’s Madhapur locality for Rs 20.38 billion. The acquisition was made through […]
NDR InvIT acquires grade-A industrial and warehousing assets for Rs 7.06 billion
NDR InvIT Trust, an InvIT, has acquired Grade A industrial and warehousing assets in Surat, Hyderabad, Bengaluru and Pune, for Rs 7.06 billion. The assets have over 2.1 million square feet of operational space and […]