Power bills to go up in Delhi, tariff revised
Power tariff in the city has been revised with the Delhi Electricity Regulatory Commission (DERC) approving a fuel surcharge of 7% for BSES Yamuna Power Limited (BYPL), 4.5 for BSES Rajdhani Power Limited (BRPL) and 2.5% for Tata Power.Updated: Nov 14, 2014 13:17 IST
Power tariff in Delhi has been revised with the Delhi Electricity Regulatory Commission (DERC) approving a fuel surcharge of 7% for BSES Yamuna Power Limited (BYPL), 4.5 for BSES Rajdhani Power Limited (BRPL) and 2.5% for Tata Power.
The new rates will be applicable from Saturday. So far no fuel surcharge was applicable on power bills.
“After receiving the power petitions from the distribution companies we examined it thoroughly and have approved the new rates. We need to understand that it is not a quarterly hike as from July 2013 and July 2014 we have approved power purchase adjustment charges only twice,” said PD Sudhakar, chairman of DERC.
Reacting to DERC's move, the Delhi BJP is to meet union power minister and L-G Najeeb Jung to stall the power tariff hike. BJP said that it has always opposed the move.
Tata Power supplies electricity to north Delhi, BRPL to South and west Delhi and BYPL to east and central Delhi.
In July while, the power regulator had hiked power tariff in the city by up to 7.5% for different segments of domestic consumers, it had had withdrawn the Power Purchase Adjustment Cost (PPAC) of around 8% till October which had brought down power bills of consumers considerably.
The power regulator had introduced PPAC in 2012 to help the private power distribution companies recover additional cost on account of increase in coal and gas prices.
Power tariff was a major issue in the assembly elections, with both the Aam Aadmi Party (AAP) and the Bharatiya Janta Party (BJP) claiming that once elected they would slash power tariff considerably.
While AAP had said it will bring down power bills by 50% the BJP had claimed that it will reduce power tariff by 30%.
First Published: Nov 13, 2014 19:36 IST