"It is a planned and concerted effort to loot the hard-earned money of Delhiites to ensure undue profit for the private electric partners," city BJP President Vijendra Gupta told reporters.
The DERC, which was making last minute preparations to announce the new tariff for the year 2010-11, after receiving the government directive had indicated that it had planned to cut down the tariff by 20 to 25 per cent as discoms would have a surplus of around Rs 4,000 crore if the existing tariff was not tinkered with.
The government had issued the directive to the DERC exercising a special power under the Delhi Electricity Act.
Demanding a CBI inquiry into the matter, Gupta said the data available on the DERC website proved that the discoms have earned a surplus of over a thousand crore in the previous fiscal and that there was no justification for an increase in tariff.
"The data available on the DERC website says BSES Yamuna and BSES Rajdhani made over Rs 157.32 crore and Rs 319 crore profit respectively. Where is the loss that they are demanding a hike?," he said.
He said the government was helping power companies "loot people".
"Else, why would it have invoked the electricity Act and intervene when the power regulator DERC was about to announce tariffs?," he asked.
Gupta also slammed the government for transferring power secretary Rajendra Kumar to MCD.
"Why was the power secretary transferred all of a sudden?," he said.
Last week DERC, hardening its position on the issue, had shot off letters to all three private discoms rejecting point-by-point all their arguments demanding an increasing in the rates.
Source- Zee news