DERC says Delhi govt free to question Tariff Revisions in appropriate forum.
NEW DELHI . The Delhi Electricity Regulatory Commission has in a stern missive to the state government said the latter’s questioning of the quasi-judicial institution’s decisions has been “inappropriate and unfair”. Last month, the Delhi government had written to DERC chairman PD Sudhakar questioning the basis of the tariff revisions that resulted in steep hikes in prices to the consumer between 2011 and 2014.
Replying to the letter, the commission said: “… tariff fixation exercise is a complex one where the commission utilises multiple controls and prudent checks on various elements, including power purchase, capex entitlement and billing system.” The commission added that all stakeholders, including consumers and the government of Delhi, were free to question the tariff fixation by filing appeals before the Appellate Tribunal for Electricity (APTEL).
The Delhi government, pointing to the power rates on the power exchange for northern region that fell by 40% in the same period, had doubted the genuineness of the DERC’s tariff revision process. As per
India Energy Exchange, the price of electricity traded in the day ahead market declined by 61% in 2009
-14 to R2.80 per unit from R7.29 per unit. The commission, however, refused to answer specific queries in the state government’s letter and said that such an exercise could have financial implications for all the concerned stakeholders. All such allegations must be put to the test of ‘trueness’ by an appropriate appeal to the relevant forum, the regulator said.
News Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project