Business Standard
Thursday, May 24, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

15% power tariff hike in U'khand
Shishir Prashant / New Delhi/ Dehra Dun Oct 27, 2009, 00:55 IST

Punching a hole in the pockets of consumers, the Uttarakhand Electricity Regulatory Commission (UERC) today fixed power tariffs in the hill state with an average increase of 15 per cent, effective from October 1 this year for a period of six months.

Making the announcement, UERC chairman V J Talwar said the average increase in power tariff for industries would be 16 per cent and for domestic and non-domestic only by 12 per cent against the proposed hike of 40 to 50 per cent by the government-run Uttarakhand Power Corporation Limited (UPCL), the sole power distributor in the state.

Since the annual revenue requirement (ARR) and tariff proposals for the year 2009-10 were filed six months late, the Commission has imposed a penalty of Rs 5 crore on the UPCL. “Had the UPCL submitted its proposals in time, the increase in power tariffs would have been only by 7 per cent,” Talwar said.

Significantly, the Uttarakhand government had also issued policy direction, which is mandatory for UERC, to safeguard the interests of domestic consumers and farmers.

For domestic consumers (meter sanctioned up to 4 kw), the fixed charges would be Rs 20 per month and for sanctioned load above 4 kw the fixed charges would be Rs 40 per month. Energy charges in this category have been increased to Rs 2.20 from Rs 2.

Giving relief to farmers, the Commission has marginally increased tariffs of private tube wells from Rs .70 per kwh to Rs .80 per kwh and fixed non-metered charges in this category at Rs 130 per month from Rs 105 per month.

For the LT industrial category, the commission has increased fixed charges from Rs 70 to Rs 80 per kw. The peak hour surcharge has been increased to 50 per cent from existing level of 25 per cent. The off-peak rebate has been increased to 10 per cent from existing level of 5 per cent. Overall tariff increase has been in this category is 16 per cent. There is a higher tariff increase for more consumption during peak hours. The revised schedule for LT industries provides for energy charges of Rs 3.15 instead of Rs 2.75 per kwh. The fixed charge has been increased to Rs 80 from Rs 70 per kw per month.

For HT industries, there is an increase in demand charges from Rs 150 to Rs 160 per kva up to 1,000 kva and from Rs 200 to Rs 220 per kva above 1,000 kva. The Commission has continued with the practice of the load factor-based tariff. The overall average tariff increase on HT industrial category works out to be around 17 per cent.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- NSE loses trillion-dollar market cap tag, BSE a whisker away
- Mahindra & Mahindra taps Korean arm to crack China
- Gupta trial jury told of "top secret" Buffett deal
- US stocks recover late, euro falls
- First wiretap played at Gupta insider-trading trial
  Read Business news in 
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- 
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Petrol price up Rs 7-plus in sharpest rise ever
- Rupee breaches 56/dollar amid feeble RBI action
- UPA allies, Opposition flay petrol price rise
- Telecom industry warns of mobile tariff hike
- Social media a new form of entertainment for GenY: Survey
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us