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Monday, April 26, 2010

New Power Tariff Likely From May

The proposed electricity tariff hike, that were supposed to be implemented from this month, may now be effective from May 1. According to sources, the Delhi Electricity Regulatory Commission is likely to announce the new tariff structure this week after a series of delays.It all depends on DERC whether it will allow a hike in power tariff.

The power regulator was keen on announcing the new tariff in March end but there were several delays in announcing it. According to sources, some discoms kept submitting new information to DERC regarding their financial positions even after the public hearing was concluded. While the regulator refused to take any new information into consideration while deciding tariff revision, the move by the discoms has led to delay in making the announcement.

"There is a lot of speculation going around on whether tariff will be changed or not. Discoms have been campaigning for a hike since long. They argued the cost of everything else from petrol to water in the city has gone up but power tariffs have not been revised for the past four years. They claimed the input costs for providing power have gone up," said DERC officials.

Detailed news can be viewed from the link in headline above.
With thanks : Source : Times of India

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