Hyderabad: Efforts by the GMR Group, which operates the Rajiv Gandhi International Airport at Hyderabad, to reduce the airport’s power bills and garner additional revenue by securing an electricity distribution licence for part of the sprawling airport have hit a road-block.
Last week, the Andhra Pradesh Electricity Regulatory Commission nixed an application made by the airport operator for grant of an electricity distribution licence under the Electricity Act, 2003.
This comes after objections raised by the Central Power Distribution Company of Andhra Pradesh (APCPDCL).
The Commission has, among other things, noted that if granted a licence, the airport operator “may not generate competition, but merely result in creation of a monopoly”.
APCPDCL had objected to the grant of licence on the ground that the applicant did not have a minimum three-year track record in the distribution business.
23/05/14 Amit Mitra/V Rishi Kumar/Business Line
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Last week, the Andhra Pradesh Electricity Regulatory Commission nixed an application made by the airport operator for grant of an electricity distribution licence under the Electricity Act, 2003.
This comes after objections raised by the Central Power Distribution Company of Andhra Pradesh (APCPDCL).
The Commission has, among other things, noted that if granted a licence, the airport operator “may not generate competition, but merely result in creation of a monopoly”.
APCPDCL had objected to the grant of licence on the ground that the applicant did not have a minimum three-year track record in the distribution business.
23/05/14 Amit Mitra/V Rishi Kumar/Business Line
