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Home News Power Sector News Delhi - Private discoms seek steep hike in power tariff

Delhi - Private discoms seek steep hike in power tariff

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DERCThe sky seems to be the limit for Delhi's private power distribution utilities who have now demanded hefty hikes in tariff for the financial year 2012-13 in their annual revenue requirement petitions to the Delhi Electricity Regulatory Commission. While the north Delhi discom, Tata Delhi Power, has sought a hike of 18%, BSES Rajdhani wants a hike of 20% and BSES Yamuna has asked for a 27% increase. And this is not the end as these hikes are not inclusive of past-year dues, which DERC had already conceded to the power companies.

Last year, when the new tariff was announced, the commission had declared that the three discoms had a collective gap of Rs 6,000 crore, out of which Rs 1,200 crore was recovered through a 22% hike in tariff. The regulator had stated that the remaining Rs 4,800 crore would have to be recovered by discoms in the next three years.

"The hikes sought by the discoms for next year are not inclusive of this gap. Their tariff petitions will be studied and accordingly a tariff revision will be announced in due time," said a senior DERC official.

Source- Times of India


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