Second-quarter FSA to be collected from April

Published: 14th March 2013 11:19 AM  |   Last Updated: 14th March 2013 11:20 AM   |  A+A-

Power consumers should brace themselves to cough up more from April as they now have to pay fuel surcharge adjustment (FSA) for the second quarter of 2012-13. The additional burden on consumers will be Rs 753.8 crore.

The Andhra Pradesh Electricity Regulatory Commission passed orders Wednesday allowing the Discoms to collect second quarter FSA from April to June, 2013.

Second quarter of FSA is the additional expenditure incurred by Discoms to supply power to consumers from July 2012 to September 2012.

The public hearing for the same was conducted by the APERC in December 2012, during which some persons objected to including prior period expenditure in the second quarter. To this, the Commission stated in its orders that the ERC had examined all invoices / bills produced by the Discoms. An amount of Rs 3,868 lakh for the entire second quarter had been admitted under prior period expenditure by the commission after conducting checks on the bills.

The prior period expenditure was mainly due to revision of water cess, Income Tax and energy charges of NTPC Stations.

However, the ERC stated that the FSA of agriculture sector had to be borne by the domestic power consumers, as there was no proper metering of agricultural connections.

Stay up to date on all the latest Hyderabad news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp