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Torrent proposes to hike power tariffs, files petitions

Torrent proposes to hike power tariffs, files petitions


Ahmedabad: After paying more for your daily dose of milk, now get ready to cough up more for the electricity you consume. Torrent Power Limited (TPL) has proposed to increase power tariff by 21 paise per unit for the fiscal 2020-21. The private sector power distribution company has sought to hike tariffs from April 1, 2020 to make up for the past under-recoveries.

The company has filed its petitions with Gujarat Electricity Regulatory Commission (GERC) for determination of power tariffs for the fiscal 2020-21. TPL supplies electricity to Ahmedabad, Gandhinagar and Surat.

“TPL has sought to raise energy charges by 15 paise and fixed/demand charges by 6 paise per unit,” said K K Bajaj, a city-based power and regulatory expert. The company has proposed no change in energy charges levied from below poverty line (BPL) consumers for the first 30 units. “For other residential consumers, the company has proposed to increase energy charges by 10 paise for the first 50 units and remaining at 15 paise per unit,” he added.

According to the tariff petitions, the company has also proposed to levy regulatory charge of Rs 35 paise per unit for two years from consumers in Ahmedabad and Gandhinagar.

“The petitioner has proposed regulatory charge at the rate of Rs 0.35 per unit w.e.f. 1st April, 2020 over a period of two years with necessary adjustment of cost due to deferment of recovery,” TPL said in its tariff petition for Ahmedabad licence area.

The state power regulator will take the final call on tariff revisions after hearing all the stakeholders.

Meanwhile, state-run power distribution companies — Uttar Gujarat Vij Company Limited (UGVCL), Paschim Gujarat Vij Company Ltd (PGVCL), Dakshin Gujarat Vij Company Ltd (DGVCL) and Madhya Gujarat Vij Company Ltd (MGVCL) — have proposed no increase in tariffs for 2020-21.

Source: timesofindia.indiatimes
Anand Gupta Editor - EQ Int'l Media Network


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