Even as the Telangana State Electricity Regulatory Commission (TSERC) is set to take stock of aggregate revenue recruitment plans from the power supply companies, there is growing concern over the huge losses suffered by them. While the inevitable step would be to seek permission for increasing the power tariff, senior officials aver ERC has to give its final nod to jack up electricity tariff.
The estimated loss for the power companies last year was Rs 9,970 crore and is expected to rise to Rs 12,000 crore this year. The burden of ensuring 24-hour power supply, government not providing enough subsidies for the losses and poor cash flow hanging over their head, the two power distribution companies (discoms) in Telangana are finding it difficult to manage the finances. Read More
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