Power tariffs to soar in national capital

NewsX 2019-03-01

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The power regulator is expected to announce the revised tariff rates next week after the Budget for Delhi is presented in Parliament. The Budget is expected to provide subsidy for power consumers, which the Delhi Electricity Regulatory Commission (DERC) might take into account while announcing the new tariffs, sources in the regulator said.

However, DERC chairperson P.D. Sudhakar denied that tariff revision was influenced by the Budget announcement.

Absence of subsidy since this financial year has already affected about 80 per cent of the Capital's 34.61 lakh power consumers, who use between 200 and 400 units of electricity.

But the power subsidy, if approved by the Centre, will come close on the heels of a possible tariff hike as the power regulator is done with the process of Annual Tariff Revision.

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