JUSCO electricity tariff revised

The Jharkhand State Electricity Regulatory Commission has revised the electricity tariff of Jamshedpur Utility and Service Company (JUSCO), a 100 per cent subsidiary of Tata Steel and a licensee for the district of Seraikela-Kharsawan and Jamshedpur.
The new tariff came into effect from June 1, according to a press release issued by the company here today.
The revised tariff was arrived to recover the cost of electricity primarily on account of increase in the power purchase costs.
JUSCO purchases its power from the Damodar Valley Corporation (DVC) and Tata Steel and distributes to Seraikela-Kharsawan district.
Over the year, cost of power purchase from DVC and Tata Steel has increased significantly, which has resulted in a revenue gap of JUSCO licensee, the release said.

The tariff increase for retail urban domestic consumers has been lower as compared to other categories and even with the increased tariff, the domestic tariffs were still lower than most other comparable cities in the country, the release claimed.
The effect of the increase on a domestic consumer who consumes approximately 200 units in a month would be about Rs 25 per month. There would be no increase in tariff for the rural consumers of JUSCO, the release added.