Tuesday, April 2, 2013

Tariff shock likely if discoms win appeal


NEW DELHI: Just when political parties are raising the pitch over bijli-paani issues, a newpower tariff shock looms large over the city. Sources said that power discoms BSES Rajdhani, BSES Yamuna and Tata Power Delhi have gone to the Apellate Tribunal of Electricity seeking immediate implementation of certain directions that the tribunal has ruled in their favour which the Delhi Electricity Regulatory Commission has con8tested in the Supreme Court.


Discoms said that till the time the SC grants a stay on any of the orders, DERC was duty bound to follow the tribunal's directions in tariff issues like pending dues to discoms worth over Rs 5,000 crores.

Power sector experts said that if the ATE ruled in favour of discoms, it could have a cascading effect DERC chairperson P D Sudhakar told TOI: "Whatever the ATE decides will be subject to the final SC decision. There are a number of ATE orders on tariffs which we have contested in SC and the hearings are still ongoing. If the ATE rules for discoms, certain dues will have to be paid to the power companies. But this will be spread over a period of time otherwise tariffs will rise drastically.''

with thanks : Times of India : LINK : for detailed news.

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