Tuesday, May 11, 2010

New Power Tariff Likely Only After Games

Delhiites will continue paying the same electricity tariff rates till October this year, whenever the government gives a go-ahead for the new rates to be effective.

According to highly-placed sources, the new tariff is likely to be implemented only after the Commonwealth Games and the government is keen on a status quo. Whether the new tariff rates will reflect the reduction proposed earlier, or whether discoms will finally have their way with a hike, remains to be seen.

Following directions of the government, regulator Delhi Electricity Regulatory Commission (DERC) has started the process of sending statutory advice to the state government on the financial position of the power companies.

While officials from the commission declined to comment on the issue, sources said the advice to be sent to the government would contain a lot of the same information that the regulator unearthed from the average revenue requirement (ARR) petitions submitted by the discoms late last year. The regulator took three-four months analyzing data submitted by discoms and audited accounts of distribution companies showing a profit made mainly by selling surplus power.

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With thanks : source : Times of India

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