Motilal Oswal - MOSL: UTILITIES-Only mild opposition to draft regulation to lower RoE for RE-Highlights of Delhi visit

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Motilal Oswal

MOSL: UTILITIES-Only mild opposition to draft regulation to lower RoE for RE-Highlights of Delhi visit

â€‹Utilities: Only mild opposition to draft regulation to lower RoE for RE; Highlights of Delhi visi

We attended the public hearing on renewable energy (RE) regulations for 2017-2020 held by the Central Electricity Regulatory Commission (CERC). We also met officials/companies from the power sector in Delhi. Key highlights:
During the CERCâ€™s public hearing on draft regulations (2017-2020) for RE, there was only mild opposition to a reduction of RoE to 14%. RoE for conventional projects may not necessarily be reduced because these projects have a higher risk profile, a longer gestation period and involve a large number of affected parties, in our view.
Various actions are undertaken to plug DISCOM leakages: (1) discouraging open access, (2) DBT and (3) privatization.
Privatization of DISCOM circles is gathering pace. Madhya Pradesh, Jharkhand, Uttarakhand, Odisha and Rajasthan will offer many circles.
The focus on electrification is gaining steam (from every village to every house).Plants older than 25 years will be replaced with super-critical plants rather than renovating them, considering the superior lifecycle benefits of reduction in fuel consumption and emission.

20/03/2017 4 EN

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Motilal Oswal

Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.

Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.

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MOSL: UTILITIES-Only mild opposition to draft regulation to lower RoE for RE-Highlights of Delhi visit

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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