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AUG 06 2015

RERC directs discoms to pay APL compensatory tariff

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 06th AUG 2015

In response to a petition from Adani Power Limited (APL), the Rajasthan Electricity Regulatory Commission (RERC) has directed the state discoms to pay interim relief, i.e., additional variable cost, to the former for the electricity supplied from June 1, 2014, within six weeks from the date of issue of the present order.

The commission had granted a compensatory tariff over and above the tariff quoted in the power purchase agreement for APL’s 1,320 MW Kawai thermal power station in Rajasthan to offset the additional fuel cost due to the use of imported coal. In the present order, the commission also noted that the interim tariff granted by the commission would be applicable only from the date of issue of the order granting the same (May 30, 2015) and not retrospectively.

Tags

Rajasthan Adani Enterprise Limited Adani Power Ltd Coal Tariff Power Purchase Agreement Imported Coal Electricity Regulatory Commission Rajasthan Electricity Commission Power Thermal power Station Electricity

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