Discoms approach regulatory panel to collect Rs 15,000 crore true-up charges


Discoms approach regulatory panel to collect Rs 15,000 crore true-up charges

Two prominent power distribution companies, Southern Power Distribution Company (SPDCL) and Eastern Power Distribution Company Limited (EPDCL), have sought AP Electricity Regulatory Commission’s (APERC) permission to collect true-up charges from consumers to the tune of Rs.15,000 crore.

The charges were incurred during the four years of the TDP regime from 2015-2019. The discoms had submitted high costs incurred on power purchases during the TDP regime as it is before the ERC. Seeking permission to collect true-up charges based on unauthorized and unknown costs is raising many an eyebrow, particularly in the wake of the government’s decision to review to power purchasing agreements (PPAs) with private developers. Read More

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