City residents should brace for higher tariff with electricity department submitting a proposal for enhancement in the existing rates.
The department has submitted a tariff petition to Joint Electricity Regulatory Commission (JERC) for enhancement in the tariff up to 20% for the next financial year in different slabs.
In the domestic category, the electricity department has proposed a hike from Rs 2.55 to Rs 2.75 in the slab of 0-150 units. It has proposed increase from Rs 4.80 to Rs 5.80 in the slab of 151-400 units and Rs 5 to Rs 6 in slab above 400 units. In the commercial category, increase from Rs 5 to Rs 6.20 in the slab from 0-150, Rs 5.25 to Rs 6.45 in the slab of 151-400 and Rs 5.45 to Rs 6.75 in slab above 400 units has been proposed.
UT superintending engineer MP Singh said revenue gap of the department stands at around Rs 200 crore. “We have urged the commission to consider the hike as we have to overcome the revenue gap of the current financial year,” said MP Singh. Read More…
Latest posts by ET Energy World (see all)
- Panaji power infrastructure project gets bids from four firms - October 19, 2018
- We have loaded additional $1 bn for new blocks over planned capex: Sudhir Mathur, Cairn Oil and Gas - October 19, 2018
- Gurdeep Singh assumes additional charge as DVC chairman - October 18, 2018