"Increase in power tariffs are necessitated due to increase in input costs. However, the poor and marginalised should not suffer I therefore propose power subsidy of Rs 260 crore for the domestic consumers to provide relief to the targeted consumers on account of increase in the tariff. The modalities will be worked out by the Government of NCT of Delhi," said Jaitley while presenting Delhi budget in Parliament.
Jaitley also mentioned in his speech that he had already proposed Rs 200 crore for power reforms in the national capital in the Union Budget 2014-15.
The Rs 36,776 crore budget for Delhi was presented in Parliament as the state is currently under President's rule.
Presenting the Budget for 2014-15, Jaitley proposed to develop the New Delhi Municipal Council (NDMC) area as a solar city under the scheme of Development of Solar Cities of Ministry of New and Renewable Energy (MNRE).
"To improve the transmission and distribution network, Delhi Transco Limited (DTL) is going to commission a new 400 kv sub-station at Harsh Vihar and 220 kv GIS (Gas Insulated Switchgear) sub-station at Peera Garhi. It is also proposed to take up the construction of three new 220 kv GIS sub-stations at Papankalan, Tughlakabad and Rajghat Power House in the current financial year," said Jaitley.
Toward the end of his budget speech, Jaitley said that he proposed a Plan Outlay of Rs 675 crore for the Energy Sector during 2014-15.
Power tariff in Delhi was yesterday hiked by up to 7.5 per cent for domestic consumers but power bills of 80 per cent consumers will come down as the Delhi Electricity Regulatory Commission withdrew a surcharge of up to 8 per cent for next three months.
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