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Home News Power Sector News JSERC outsources verifications of tariff proposals to external experts

JSERC outsources verifications of tariff proposals to external experts

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jsercJharkhand State Electricity Regulatory Commission (JSERC) had decided to outsource verification of Power tariff proposals submitted by Jharkhand State Electricity Board, Tata Power, Tenughat Vidyut Nigam Limited, Damodar Valley Corporation, Bokaro SAIL, Jamshedpur Utility and Services Company.

“We do not have the required manpower nor the expertise to examine tariff proposals that need to be submitted to the regulatory commission every year by various power producers based in Jharkhand. The regulatory commission only comprises the chairman and a technical member. Hence, we have decided to appoint professionals,” Jharkhand State Electricity Regulatory Commission (JSERC) chairman Mukhtiyar Singh told the media.

Constituted in 2002, it will be for the first time that external experts would vet power tariff proposals. These proposals are highly technical in nature. Since JSERC does not possess in-house expertise to undertake the jobs, it decided to offload the burden, for inter-state sale, for fixing the rates to be charged by power producers to distribution licences and also for fixing rates for sale of all non-conventional energy, including hydel, solar and bio-mass generating plants.
The consultant would assist the JSERC in examining, reviewing and analysing power tariff proposals and also help determinate the tariff. “We have sent reminders to all the six power producers to submit their proposals at the earliest,” Singh added.

Courtsey- Telegraph


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