For the first time since 2011, power tariffs won’t be revised in Delhi. The tussle between AAP government and LG’s office over the appointment of Krishna Saini as Delhi Electricity Regulatory Commission chief has meant that tariffs will remain unchanged.
Sources said discoms might file an appeal with the appellate tribunal, stating that the failure to revise the tariff was a violation of its guidelines and Delhi consumers could face stiff increases in the future to correct this anomaly.
Tata Power Delhi recently filed a petition, seeking power purchase adjustment charges equivalent to a 2-3% hike in fuel bills for July-September 2016. BYPL and BRPL are yet to send their petitions. DERC is mandated to give discoms PPAC, according to the orders of the Appellate Tribunal of Electricity. However, it’s unclear how long it will take to process the petition.
Sources said the lone DERC member, B P Singh, was passing its judicial orders, as the LG had nullified Saini’s appointment and directed AAP government to begin proceedings for hiring a new chairman. The government is yet to accept the decision and has taken the matter to court. Read More…
Latest posts by energy.economictimes.indiatimes.com (see all)
- Petronet LNG Q3 Net Profit Surges 33% To Rs 529 Crore - February 9, 2018
- US Energy Industry Keen To Invest In India - February 9, 2018
- Decide Sasan Power Plea For More Coal By Feb 21: HC To Centre - February 8, 2018