Friday, May 3, 2013

Power Tariff - Fuel Surcharge up by 1.5%, a big hike expected soon ?

In todays Hindustan Times there was a news with the heading  Power purchase cost rising, discoms seek hike in tariff. The news further said that, " DERC will take a final decision after taking all the points into consideration such as increase in fuel cost etc. ".

But its quite shocking to note that today itself DERC has raised the Power Tariff by 1.5% on the name of Fuel Surcharge & another big hike is expected soon. Does it mean that they have checked all the points in just few hours ?

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