Rating agency ICRA in a release said that an average tariff hike of 4.5 per cent, in conjunction with reduction in AT&C losses to below 15 per cent, would be needed to eliminate the gap between ACS and ARR.
Tamil Nadu Electricity Regulatory Commission (TNERC) has permitted state utility Tamil Nadu Transmission Corporation Ltd (TANTRANSCO) to lease substation land to developers of upcoming battery energy storage system (BESS) projects in the southern state, at nominal rates.