Tuesday, January 20, 2009

CERC ups Return on Equity for power units to 15.5% vs 14%

The Central Electricity Regulatory Commission (CERC) has upped the Return on Equity (RoE) for power units to 15.5% versus 14%, reports CNBC-TV18 quoting NewsWire18. CERC added that the new RoE would be applicable for the period 2009 to 2014. “The RoE for projects completed is on schedule at 16%,” it said.

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