Tuesday, June 26, 2012

SHOCKING : Power Tariff up by 24% in Delhi

Its really shocking that Power Tariff has been revised upwards by DERC, by 24.15%. Just 11 months ago in August 2011, it was raised by 22%. After that DERC added 5% on the name of Fuel surcharge & later raised it by another 2%. Though the said Fuel surcharge of 7% has been removed, it has added Power Purchase Cost Adjustment surcharge of 8%. Therefore we can say now that since August 2011, Power Tariff is up by 22% + 24% = 46%. In addition, 8% PPCAS of 8% will be charged on the total bill.

Though BJP has promised massive protests from 29th of this month & congress spokesperson Mr Jatinder Kochar has assured that the matter will be raised in the DPCC meeting tomorrow with Mr J P Agarwal, a lolypop of a few percentages can be expected in a day or two.

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