ADVERTISEMENT

Brace yourself for a power tariff hike this week

June 08, 2015 12:00 am | Updated 05:34 am IST - New Delhi:

HYDERABAD (AP) -26-11-2011 - FOR :BL /STATES PAGES / STAND ALONE PIC : POWER TARIFF TO GO UP IN AP: Faced with mounting losses in generation , subsidies ,near stoppage of hydel generation ,poor supplies of coal and mounting dues to power distribution companies in the national grid the AP Transco and AP Genco has proposed to the AP Electricity Regulatory Commission hike in domestic power tariff of 40 paise per unit in the 51 to 100 units , 45 paise in the 101 to 200 units , Re 1.25 paise in the 201 to 300 units and likewise an upward revision , soon . In the picture is the NTPC grid sipplying power from it;s Ramagundam Unit in Karimnagar District of Andhra Pradesh . PHOTO: P.V.SIVAKUMAR .

Delhiites should brace themselves for a power tariff hike of up to 20 per cent this week.

According to sources, the Delhi Electricity Regulatory Commission (DERC) has completed the process of analysing the power purchase adjustment petitions submitted by the discoms and will announce the percentage surcharge to be imposed within a day or two.

The move comes after the Appellate Tribunal for Electricity (APTEL) directed the State power regulator to restore a surcharge within three months to compensate the discoms for a rise in their power purchases. The DERC got three weeks to implement the new surcharges, with the final deadline being June 15.

ADVERTISEMENT

The APTEL had asked the power regulator to pass on the Power Purchase Adjustment Cost (PPAC) for two quarters (from October 2014 to March 2015) to private power distribution companies within three weeks. “We direct the DERC to determine the PPAC for the above said third and fourth quarter within three weeks from today, otherwise face the consequences,” the APTEL order read. The order was passed by the APTEL after Tata Power filed a petition seeking the same. The two discoms of the BSES later followed suit.

In November, the DERC had announced a PPAC surcharge only to revoke it the next day. It had said that the NTPC, from where Delhi discoms draw a major chunk of power, had not submitted all the required documents.

The DERC has completed the process of analysing the power purchase adjustment petitions submitted by the discoms

This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
This is your last free article.

ADVERTISEMENT

ADVERTISEMENT