TNEB Misses Tariff Revision Deadline

Chennai, December 4: | Updated: Dec 5 2002, 05:30am hrs
The Tamil Nadu Electricity Board (TNEB) has missed the December 1 deadline set by it for revising the power tariff in the state. This is due to the delay in TNEB providing the final reply to the objections raised by the public and various associations against its tariff hike proposals submitted on October 1. However, TNEB is hopeful of sorting out the issue and revising the tariff in next 15 days.

Informed sources told iFEr that the Tamil Nadu Electricity Regulatory Commission (TNERC) has completed the public hearing on TNEB's proposed tariff revision as on schedule and has raised certain queries to the SEB based on the objections raised by the public. However, TNEB is yet to respond to these queries leading to the delay in notifying new tariff. The loss the SEB suffer on account of the delay in notifying new tariff is not immediately known.

TNEB sources, while contacted, told iFEr that SERC has raised some queries and the SEB has responded to it. "We hope the new tariff to come into effect in another two weeks' time", sources said.

TNEB in its tariff revision plan submitted to the SERC has proposed to do away with the practice of free power to agriculture besides rationalisation of power tariff across the board to save the cash-strapped agency from bankruptcy. The revised tariff plan, which was expected to come into effect on December 1, is estimated to net TNEB Rs 12,654.83 crore for the fiscal 2002-03 assuming energy consumption at 41,633 mw level. The SEB's revenue projections for 2002-03 at existing tariff is seen at Rs 9,509 crore.

The proposal has suggested to slap agriculture and government seed farms Rs 0.50 per unit or Rs 600 per 1 HP per annum.

For high tension users falling in the 1-A category, the proposed tariff is Rs 3.70 per unit (Rs 3.30 per unit) in Chennai metro and Rs 3.60 per unit (Rs 3.20 per unit) for non-metro users. For 1-B category, the proposed tariff is Rs 4.70 per unit (Rs 4.70 per unit) in Chennai metro and Rs 4.80 per unit (Rs 4.80 per unit) for non-metro users.

For low tension users falling in IA category consumption upto 25 units, the proposed tariff is Rs 1.10 per unit (Rs 0.85 per unit) and from 51 units to 100 units Rs 1.30 per unit (Re 1 per unit). For 101 units to 300 units the suggested tariff is Rs 4 per unit (Rs 3 per unit) and for 301 unit to 500 units it is Rs 4.75 per unit (Rs 4 per unit). Tiny industries, was however, spared from the proposed hike.