Powerdistribution companies in state have approached Gujarat Electricity Regulatory Commission (GERC) seeking a hike in fuel price and power purchase adjustment (FPPPA) base price or fuel surcharge.
However, none have sought any increase in basic electricity tariffs for fiscal 2018-19. A power company is allowed to offset increase or decrease in fuel cost by way of FPPPA, also known as fuel surcharge.
The four distribution companies — UGVCL, MGVCL, DGVCL and PGVCL — have proposed raising basic FPPPA by 6 paise per unit from Rs 1.43/unit to Rs 1.49/unit for the fiscal 2018-19. Read More…
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