Thursday, June 21, 2012

Steep power tariff hike likely next month

NEW DELHI: Get ready to pay more for the power you consume. Delhi's electricity regulator has confirmed that it would announce new power tariffs in the first half of July along with a new code spelling out penalties on distribution companies if they fail to deliver services on time.

Sources said the tariff revision to be announced by Delhi Electricity Regulatory Commission could be more than last year's 22% hike. While north Delhi discom Tata Delhi Power has sought an 18% rise, BSES Rajdhani wants a hike of 20% and BSES Yamuna has asked for a 27% increase in consumer tariffs.


with thanks : Economic Times : LINK

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