Sunil Kumar said that huge pending bills are a burden and pointed out that BWSSB, Rural Development and Panchayat Raj and other departments owe around Rs 16,0000 crore to electric supply companies.
While the charges will be normal from 6 am to 6 pm, it will be 120 percent of normal charge from 6 pm to 10 pm and from 10 pm to 6 am, it will be 90 percent of normal rates.
According to the proposal of the PED to the Joint Electricity Regulation Authority, in addition to revision of rate of tariffs, a 'time of day' tariff in three categories also has been suggested
IKDHVAJ Advisers LLP chairman Harsha Vardhana Singh said that India has the largest tariff lines for the selected products, with tariffs in 2020 being higher than in 2014.
The ERC will accept written objections and suggestions from the public from Dec 29 onwards.
This comes at a time when Tata Power has already submitted its business plans to OERC
Though no one will be spared of the proposed tariff hike, the Discoms will still have a revenue gap of Rs 4,097 crore, which is proposed to be bridged through internal efficiency measures.
One type of tariff & categorisation in 4 months and another for subsequent 8 months. No explanation given; APERC to take final call after considering objections
According to the report, the railways incurred a loss of Rs 26,388 crore in the last one year, though the Ministry of Railways had claimed a net surplus of Rs 1,589 crore.
A reduction in tariff sought by the industries should be addressed so that they purchase power from the distribution companies operating in the State, Tata power asked the OERC.
Gridco has proposed a supply price of 385.21 paise per unit against the current average of 296.29 per unit while filing its Bulk Supply Price application before Odisha Electrcity Regulatory Commission
The power tariff is less in Telangana when compared with Gujarat and other States in the country, Finance Minister T Harish Rao and Energy Minister G Jagadish Reddy said.
The increased cost of coal means an additional burden of Rs 725 crore on Discoms every year, the Ministers said.
KERC officials said the decision on whether to accept or reject or redefine the proposal will be made at a later stage.
As the new tariff, if proposed, is applicable till March 31, 2023, which is an election year and therefore it is perceived that the tariff hike may not be very burdensome, if at all imposed.