MPERC Rejects Grid Support Charges, Reshaping Energy Dynamics

21 Dec 2023 CW Team

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has recently made a significant decision to reject grid support charges, sending ripples through the energy landscape. This move is poised to reshape the dynamics of the energy sector in the region.

This decision has far-reaching implications for power producers, utilities, and consumers alike. It marks a departure from the conventional norms governing grid support charges, challenging the established practices within the energy regulatory framework.

Proponents argue that this rejection aligns with the broader global trend of transitioning towards more sustainable and cost-effective energy solutions.

This decision by MPERC not only impacts the current players in the energy market but also sets a precedent for future regulatory decisions in the broader context of sustainable energy practices.

As the industry adapts to these changes, stakeholders will need to navigate the evolving landscape, exploring new strategies and innovations to ensure the continued reliability and sustainability of the energy supply chain.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..