UT electricity dept to approach regulatory body for more funds | chandigarh | Hindustan Times
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UT electricity dept to approach regulatory body for more funds

chandigarh Updated: May 29, 2014 13:54 IST
HT Correspondent

Chandigarh Electricity Department has decided to approach the Joint Electricity Re gulatory Commission (JERC) urging the latter to sanction additional funds of around ` 100 crore for the financial year 2014-15. The commission had recently turned down the department’s proposal to hike the existing tarif f by 21%. In its order, the commission had slashed the sanctioned funds from ` 750 crore to ` 650 crore.

UT superintending engineer MP Singh said that there were some discrepancies in the order. “We have decided to file a review petition seeking more funds to meet our requirements,” said MP Singh.

JERC had tur ned down the proposal submitted by the department for enhancement in tariffs in the last financial year as well, on the grounds that it had not submitted accounts based on commercial accounting principles, which is mandatory according to the JERC Tariff Regulations, 2009. In the domestic category, the electricity department had proposed a hike from ` 2.30 to ` 2.78 in the slab of 0-150 units and from ` 4.20 to ` 4.60 in the slab of 151-400 units.

In the commercial category, an increase from ` 4.30 to ` 4.70 in the slab between 0-150, ` 4.50 to ` 5.30 in the slab of 151-400 and

` 4.70 to ` 5.70 in the slab above 400 units was proposed.

Meanwhile, JERC has given three-months to the Chandigarh electricity department to start the process of installing prepaid meters. The department had filed a petition seeking extension from commission for implementing the directions pertaining to installing prepaid meters.