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JUN 16 2015

DERC asked to revoke fuel surcharge

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 16th JUN 2015

The Delhi government has written to the Delhi Electricity Regulatory Commission (DERC), asking them to withdraw the power tariff hike to the tune of four to six per cent imposed by the regulator on Friday evening.

 

The government also alleged that neither did the DERC inform it or the public about its move, not did it seek public comments on the same.

 

The letter, written by Power Secretary S.K. Jain reminded the power regulator of Section 62(A) and 64 of the Electricity Act, 2003, citing that a hike in power tariff cannot be implemented more than once a year.

 

The DERC had on Friday approved a four to six per cent increase in power purchase adjustment cost (PPAC), or the fuel surcharge, as it restored a levy charged to compensate the discoms for rise in cost of buying electricity on account of increase in coal and gas prices.

Tags

Delhi Tariff Hike Coal Gas Tariff Electricity Act Electricity Regulatory Commission Delhi government fuel surcharge Delhi Electricity Regulatory Commission Power Electricity

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