Tata Power challenges DERC formula

Tata Power Delhi Distribution Limited (TPDDL) on Tuesday moved the Delhi High Court challenging power regulator DERC's formula for fixing tariff for power consumption in the city.

Tata Power Delhi Distribution Limited (TPDDL) on Tuesday moved the Delhi High Court challenging power regulator DERC's formula for fixing tariff for power consumption in the city.

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A bench of Acting Chief Justice AK Sikri and Justice Rajiv Sahai Endlaw asked the discom, formerly known as North Delhi Power Limited (NDPL), to file a short synopsis in addition to its petition.

TPDDL, a joint venture between Tata Power company and the government of Delhi, has challenged the Delhi Electricity Regulation Commission's "regulation" for fixing the power tariff in the national Capital for the year 2012 to 2017.