Power Grid unfazed by proposed O&M norms changes by CERC
Speaking regarding Return on Equity (ROE), proposed norms suggest existing assets at 15.5 per cent and setting 15 per cent for new projects after April 1, 2024, he said discussions were on with the Central Electricity Regulatory Commission (CERC) and power grid was optimistic that final norms won't adversely affect the company's revenue or profitability.
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