Torrent Power Seeks Nod To Increase Electricity Tariff To Recover Under-Recoveries

Torrent Power Seeks Nod To Increase Electricity Tariff To Recover Under-Recoveries

Electricity consumers in Ahmedabad, Gandhinagar and Surat may have to cough up more as Torrent Power Limited (TPL) has sought permission to increase power rates. The company claims that it needs higher rates to recover its past under-recoveries.

The company has not actually demanded a hike in base tariffs — these are revised annually to cover future costs — it has instead proposed a rise in the form of regulatory charge from April 1, 2018.

TPL has sought an increase of 25 paise per unit for Ahmedabad area which includes Gandhinagar. For Surat, the regulatory charge proposed to be levied is 20 paise. The private sector company has filed its petitions with Gujarat Electricity Regulatory Commission (GERC) for determination of tariff for 2018-19. Read More…

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