Power tariff hiked upto 8 percent in Delhi, millions affected

Delhi's power tariff will increase six to eight percent starting today as power distribution companies hiked their surcharge.

Published: February 1, 2014 10:10 AM IST

By Editorial

Power tariff hiked upto 8 percent in Delhi, millions affected

New Delhi, Feb 1: Delhi’s power tariff will increase six to eight percent starting today as power distribution companies hiked their surcharge. Condemning the power tariff hike, Delhi Chief Minister Arvind Kejriwal has been quoted by IANS as saying that the power companies should have waited for the CAG audit reports of the firms.

The Delhi Electricity Regulatory Commission (DERC) on Friday announced a hike in the power tariff ranging from 6-8 percent applicable from February 1 onwards. According to press statement issued by the DERC, rates of BSES Yamuna were hiked by 8 percent, of NDPL by 7 percent and of BSES Rajdhani by 6 percent. “The hike in power rates will be applicable for three months starting from February 1,” the statement added.

The DERC said the decision was taken following the assessment of the private distribution company’s (discom) quarterly revenue of surcharge.  Discom BSES Yamuna Power Ltd (BYPL) had earlier warned that it would be forced to resort to daily power cuts of up to 10 hours from February because it has no funds to pay public sector generation units for power supplies. The Reliance-backed Discom has written to Delhi government saying it could lose over 500mw of supply if the generation units do not extend credit and give it more time to clear its dues.

“On the basis of scrutiny of documents of the discoms and also considering the fact that power from some of the stations has been regulated in case of BYPL and no generation from the Bawana plant… the commission has approved the surcharge,” the DERC said.

BYPL distributes power to the central and eastern parts of Delhi.

BYPL, BRPL and TPDDL distribute electricity to nearly five million homes in the state.

BYPL had earlier in the day written to the Delhi government, saying it was unable to make payments to power generation companies — NTPC and NHPC — owing to its “precarious cash flow situation”.

(With inputs from ANI)

Also Read:

For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Loudspeaker News on India.com.

By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts Cookies Policy.