Though the state government has been compensating FSA to the discoms since 2004, the arrears have been mounting. The dues for 2009, for instance, is said to be around Rs 1439 crore.
The discoms have now asked the APERC to permit them to collect Rs 1777 crore FSA incurred for the last quarter of 2010 first. The APGenco, it is said, had spent about additional Rs 330 crore to buy imported coal for its thermal plants.
As the government has not reimbursed the amount, the discoms now want to revert to the old system of collecting it from consumers.
It may be mentioned here that from April 1, the power utilities had hiked the power tariff putting heavy burden on the consumers. If the discoms are permitted to collect FSA, consumers will have to burn a deep hole in their pockets.
Source- Times of India