The Delhi Electricity Regulatory Commission (DERC) is likely to announce the power tariff for 2010-11 this week. It will also submit the statutory advice on the tariff order to the Delhi government in a few days before going public with the new rates.
The DERC has already written a letter to the Delhi government stating that the new tariff order needed to be announced immediately.
According to sources, the new order might bring some respite to consumers as the DERC is said to have reduced the rates.
After the Delhi government came to know that the commission was preparing to slash rates by 20 per cent, it directed the DERC on May 4 to maintain the power tariff to the last year’s level.
The independent power regulator had sought the solicitor general of India’s opinion to clear the controversy triggered after the government directed the commission not to go public with its new tariff till the issues raised by the private power distribution companies were examined.
Though the solicitor general advocated in the DERC’s favour, the members of the commission have decided to make the announcements this week.
The discoms had opposed the move on the grounds that they were running into deficit as they were buying costly power from other states to meet the demands of the Capital. While on the other hand, the DERC had reportedly taken the stand that the discoms were having healthy profits and their cost of buying power would substantially come down once Delhi became power surplus before the Commonwealth Games.
Highest power demand in 50 yrs
Delhi today met its highest-ever power demand at 4581 MW in more than 50 years. The earlier record of peak demand was 4408 MW on July 8, 2009.
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With thanks : Source : Tribune
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