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Will not allow power tariff hike in Delhi: Satyendar Jain

Press Trust of India  |  New Delhi 

The will not allow any hike in power tariff this year, minister Satyendar Jain informed the Assembly today, snubbing private power discoms, which are demanding a revision citing huge losses.

Power Minister Satyendar Jain repeatedly emphasised that the will ensure that power tariff is not increased, "come what may". He alleged that the was trying to effect a tariff hike through the back door.

Power tariff in has remained unchanged over the last two years. The last increase, of 5 per cent, was in 2014.

"We have made our calculation and submitted it to the DERC. We will make sure that there is no tariff hike even this year. The is trying something opposite, which is to effect a hike," Jain said.

The DERC has initiated the annual exercise pertaining to revision of tariff. It has held one round of discussion on the demands submitted by the discoms - BSES and TPDDL (Tata Power).

The aggregate requirement (ARR) of the discoms have been pegged at: BSES Rajdhani - Rs 9,052 crore, BSES Yamuna - Rs 4,892 crore and - Rs 7,680 crore.

However, according to the discoms the figures should be more as the DERC has used their demands made last year to arrive at the ARRs.

Leader of the Opposition Vijender Gupta did raise this point during his intervention in the discussion over the matter.

He sought to know the status of the Business Plan Regulations, pending which discoms will not able to submit their fresh petitions. Jain did not respond to this.

Meanwhile, Jain also claimed that power tariff in the national capital will come down significantly if power purchase agreements with power generators, signed by the previous government, are cancelled.

Presently, the power tariff in is as follows: consumption up to 200 units - Rs 4/unit, for 200-400 units - Rs 5.80-5.90/unit, 400-800 units - Rs 7.30/unit. The exact rates vary after taking into account taxes and rebates.

Under the government's flagship subsidy scheme, for consumption of up to 400 units, a discount of 50 per cent is given.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 11 2017. 17:07 IST