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  1. Power regulator admits discoms’ plea for tariff hike in Delhi

Power regulator admits discoms’ plea for tariff hike in Delhi

The capital’s power regulator on Friday admitted petition by power discoms, seeking a hike...

By: | New Delhi | Updated: February 14, 2015 4:08 PM
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The DERC has admitted the petition for approval for Annual Revenue Requirement (ARR) for financial year 2015-16. (Reuters)

The capital’s power regulator on Friday admitted petition by power discoms, seeking a hike in tariff ranging from 16 to 20 per cent.

This move by the Delhi Electricity Regulatory Commission (DERC) comes a day before the new AAP government takes charge.

In its poll manifesto, the AAP had promised a reduction in power tariff.

In its petition, Tata-owned TPDDL sought a hike of 20.65 per cent, while Reliance-owned BRPL and BYPL have sought 16.26 per cent and 19. 45 per cent hikes, respectively.

The DERC has admitted the petition for approval for Annual Revenue Requirement (ARR) for financial year 2015-16.

Speaking the Newsline, DERC Chairman P D Sudhakar said, “We have admitted the petitions. Now the process of scrutiny will take place. We have put the petitions in the public domain and there will be a public hearing on the pleas. If NGOs and members of civil society raise objections, we will look into it. The process will take at least four months.”

The components that will be looked into by the power regulator, before any decision on the petitions is taken, include power purchase cost, operation and maintenance charges, the return on capital employed, non-tariff income, among others.

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