Trade Issue
NERC to increase tariffs electricity producers - 25 Aug, 2008
It is reported that the Ukraine’s National Electricity Regulatory Commission has decided to increase tariffs for electricity distributors located in regions ravaged by recent floods.

The Oblenergos concerned are PrykarpattyaOblenergo, ZakarpattyaOblenergo and ChernivtsiOblenergo. The tariff increases range from 6.7% for CHEN’s large customers to 86% for ZOEN’s and will be in place until the end of 2008.

Millennium Capital analyst said that “The magnitude of tariff hikes reflects the level of damage each territory has sustained but also, apparently, the number of large industrial customers capable of providing the revenues necessary to tackle the floods aftermath. LvivOblenergo which has seen its area of operation only partially flooded has received not tariff perks at all. The NERC’s decision is POSITIVE for the three DisCos but puts an additional burden on industrial companies operating in the Oblasts concerned.”

(Sourced from Millennium Capital)





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Price Index - India
  Nov-19 Nov-18
ILPPI 7689 7719 Down
IFPPI 7671 7726 Down
INDSPI 7681 7722 Down
Currency Rates
20 Nov, 2008
USD 1.0000
AUD 1.5428
BRL 2.3556
CAD 1.2345
CNY 6.8195
EUR 0.7919
GBP 0.6664
INR 50.2743
JPY 96.6727
RUB 27.4671
ZAR 10.2837
Source: OANDA.com
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