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Sunday, October 7, 2012

Restructuring of the Tariff Slabs


Further, your Press Note is silent on the provision of Electricity Act, 2003 (as amended upto date) read with National Eletricity Policy, 2005 and National  Tariff Policy in exercise of which the said Press Note has been issued.

Therefore, the proposed public hearing for refixation of slabs is in contravention of sub section (4) pof section 62 of Electricity Act, 2003 as amended up to date that postulates as under:-

4) No tariff or part of any tariff may ordinarily be amended, more frequently than once in any financial year, except in respect of any changes expressly permitted under the terms of any fuel surcharge formula as may be specified'

The Press Note also highlights the complete non application of mind by the Commission at the time of fixing tariff under which the slabs were revised.

As per Para 8.2.1 ofthe National tariff Policy it was obligatory on the part of the Commission to institute a system of independent scrutiny of financial and technical data submitted by the licensees.

Therefore, you are requested to please clarify in exercise of which power of any ofthe Act, Rules andPolicies  the Public Hearing for restructuring of the Tariff Slabs is being held.

Looking forward to hear from you.

Yours Truly

Anil Sood

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