Jan 24 (Reuters) - Erm Power Ltd (EPW) :
- Would meet its obligations under LGC scheme through combination of surrendering certificates & paying clean energy regulator (cer) $123 million for 2016
- "This does not change co's previously stated outlook for fy2017 and as previously noted, earnings will be weighted to second half"
- Impact is an incremental tax charge of $37 million which is recognised at 31 december 2016
- Outlook for australian retail ebitda 1 in fy2018 is consistent with market consensus
- Outlook for Australian retail ebitda 1 in fy2018 does not include any assumptions for further payment of lgc shortfall charges