Jain: No hike in electricity tariff this year too
Delhi Power Minister Satyendar Jain on Friday announced in the Assembly that the Government will not allow hike in electricity tariff in the national Capital for the third consecutive year, while ignoring private power discoms’ demand to revise tariff citing huge losses.
Jain was replying to a question raised by Leader of Opposition Vijender Gupta. Power Minister repeatedly emphasised that the Government will ensure that the tariff is not increased. “We have made our calculation and submitted it to the Delhi Electricity Regulatory Commission (DERC). We will make sure that there is no tariff hike even this year,” he said.
The Minister also charged the Bharatiya Janata Party for advocating a tariff hike through the back door. Power tariff in Delhi has remained unchanged for the last two years. The last increase, of 5 per cent, was in 2014. However, according to the discoms, the figures should be more as the DERC has used their demands made last year to arrive at the aggregate revenue requirement ARRs.
Leader of the Opposition Vijender Gupta sought to know the status of the business plan regulations, pending which discoms will not able to submit their fresh petitions. Jain, however, did not respond to this. 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 revenue requirement (ARR) of the discoms has been pegged at: BSES Rajdhani — Rs 9,052 crore, BSES Yamuna — Rs 4,892 crore and Tata Power — Rs 7,680 crore.
Meanwhile, Jain also claimed that power tariff in Delhi will come down significantly if power purchase agreements with power generators, signed by the previous Government, are cancelled. Presently, the power tariff in Delhi 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 Aam Aadmi Party Government’s flagship subsidy scheme, for consumption of up to 400 units, a discount of 50 per cent is given.
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