Power regulator in Delhi, DERC (Delhi Electricity Regulatory Commission) has announced a 5
per cent hike in tariff to adjust the power purchase cost of distribution
companies.
The hike has come into effect from February 1, for a period
of next three months following which DERC is likely to review the increase based
on cost of buying power by the distribution companies.
“We have effected a 5 per cent Fuel Price Adjustment (FPA)
surcharge per unit of power for a period of three months,†DERC Secretary, Ms
Jayashree Raghuraman, said.
The hike comes five months after DERC hiked the tariff by 22
per cent for all categories of consumers.
Power Department officials said power generation companies
usually pass on the hike in fuel cost to its buyers which results in increase
in power purchase cost. The hike will be applicable on energy consumption, not
on fixed charges.
Source: The BusinessLine

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