West Bengal & Jharkhand
Damodar Valley Corporation (DVC), which supplies Power to West Bengal & Jharkhand, has cautioned the industrial regulatory may increase charges by INR 1/unit to INR 5.40/unit from previous INR 4.40/unit.
DVC is a company equivalent to an independent Power producer under the purview of the Electricity Act, 2003. DVC is not in a position to provide fund for purchasing fuel (Coal & Oil) and also unable to pay other statutory dues for Power generation. DVC operates in West Bengal & Jharkhand. Presently, the total installed capacity of the DVC runs into 5857.2 MW with 6 Coal based and 3 Hydel Power stations under its wings.
Chhattisgarh
Chhattisgarh State Electricity Regulatory Commission (CSERC) on 19 May, 2014 has started consultation with different sections to recommend the new Power tariff for different categories of consumers within the state. As per the sources, CSERC is planning to increase charges by 20-25% which is prevailing at INR 4.50/unit.
The hike in Power charges is due since last 2 years. Following the November, 2013 assembly polls, the Raman Singh’s government had avoided to raise the power charges. Since the state & general elections had been completed, hike in power charges is confirmed in Chhattisgarh.
Andhra Pradesh
Andhra Pradesh Central Power Distribution Limited (APCPDCL) has recently reduced Power cut from the existing 24 hours to 12 hours per week for the industrial sector. As per the sources, Power prices will hike by 13% and could go to INR 7.00/unit from prevailing INR 6.20/unit.
How will it Impact Secondary Steelmakers
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