Coal News We love to talk!

NOV 14 2014

Delhi Electricity Regulatory Commission Withdraws Power Tariff Hike

  • Economic Times, ET Bureau / Hyderabad
  • Created: Fri 14th NOV 2014

A power tariff hike of up to seven per cent announced in Delhi last night has been withdrawn in less than 24 hours amid a chorus of political criticism ahead of assembly polls just months away. The Delhi Electricity Regulatory Commission's hike would have come into effect from tomorrow, but for the first time in recent history, it has been withdrawn. The regulator had announced the surcharge in response to the demands of three private power distribution companies in Delhi, who claim they are running into losses.

Officials said the hike was withdrawn because of "new inputs" from the National Thermal Power Corporation on power production costs. The overnight turnaround raised speculation about a political intervention, with elections in Delhi expected early next year. If the new tariffs had come into effect, consumers would have to pay seven percent, 4.5 per cent or 2.5 per cent more on their electricity bills.


Delhi Distribution Companies Tariff Hike Tariff Electricity Regulatory Commission Power Distribution Delhi Electricity Regulatory Commission Power Electricity

Related News

  • Finalizes RE Tariff for FY 14-15  Read more
  • Coal India's 1,000-Mw solar project may help it save 30% power costs  Read more
  • BSES discoms Yamuna and Rajdhani complain about DERC dues piling up, say 6 per cent hike in power tariff not enough  Read more
  • NTPC's Farakka plant gets green panel nod for coal supply  Read more
  • W. Bengal plans to set up 250-MW solar project at Purulia  Read more
  • Policy on coal linkages likely in 15 days: Government  Read more
  • SPDCL to distribute 700 solar pumpsets by month-end  Read more
  • PM Narendra Modi to inaugurate 100 mw power supply from Tripura to Bangladesh on March 23  Read more
  • Government readies loan recast for nine power discoms  Read more
  • NDA may unveil 24x7 electricity plan in Union Budget  Read more