NEW DELHI: Delhi Electricity Regulatory Commission will start from April the procedure of determining the second change in consumer tariff due to fuel cost. With the first 5% hike in power tariff because of fuel price adjustment (FPA) due to expire in April-end, DERC has asked the discoms to submit their audited accounts for power purchased from February to April to decide FPA for the next quarter beginning May 1.
The first FPA was granted to discoms BSES Rajdhani, BSES Yamuna and BSES Tata Delhi to help them recover costs of power purchase from October to December. This was the first time FPA was granted and now for the second quarter, DERC will once again review the increase in power purchase costs borne by the power companies as per fuel prices in the international market and allow them to recover these costs from consumers on a quarterly basis.
"We expect discoms to submit their claims by mid-April and the new formula can start from May 1 to July 31," said a DERC official.
with thanks : TOI : LINK for detailed news.
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