Electricity will cost more in Delhi from July one with power
regulator DERC today raising domestic tariff by 24.15 per cent for the
year 2012-13.
The Delhi Electricity Regulatory Commission (DERC) Chairman P D
Sudhakar said the average hike is 20.87 per cent in all categories and
domestic tarrif has been hiked by 24.15 per cent.
The regulator had in August last year hiked the tariff by 22 per
cent hike for all categories of consumers. The tariff was hiked by five
per cent in February and by upto two per cent in May this year to adjust
the power purchase cost of the distribution companies.
All the three power distribution companies, BSES Rajdhani Power
Ltd, BSES Yamuna Power Ltd and Tata Power Delhi Distribution Ltd have
been pushing for a hefty hike citing their "severe" finacial condition.
with thanks : Indian Express : LINK for detailed news.
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