Announcement of electrical energy tariff order in Delhi for 2021-22 have been delayed by over three months even because the discoms within the metropolis have raised a requirement with energy regulator DERC for a hike within the charges in view of the COVID-19 pandemic.
The rationale behind the delay is primarily the second wave of COVID-19 within the metropolis and a lockdown imposed as a result of it, chairman of Delhi Electrical energy Regulatory Fee (DERC) Justice (retd) S S Chauhan informed PTI.
“Apart from, we additionally needed to implement sure court docket orders. Our endeavour is to come back out with the tariff order as quickly as doable,” stated Mr Chauhan, who completes his time period as DERC chairman on July 4.
He was appointed to the publish on July 5, 2018. The Delhi authorities has already arrange a range committee to search out Mr Chauhan’s substitute.
Delayed and inadequate tariff revisions burden the shoppers with curiosity prices, sources stated.
“If the tariff order will not be introduced earlier than the chairman retires, the method will get delayed. Although a single-member fee may also discharge its full duties, a big a part of the tariff course of should be re-run,” a supply stated.
The DERC is a three-member panel.
Energy distribution corporations, together with TPDDL, and BSES discoms BYPL and BRPL, filed their tariff petitions in December 2020. They’ve made additional submissions to the DERC searching for factoring within the influence of second wave and the potential for a 3rd one.
The BSES discoms, of their revised petitions, have hiked their anticipated income hole from Rs 1,703 crore to Rs 3,577 crore (BRPL) and Rs 1,148 crore to Rs 1,945 crore, for 2021-22.
The Tata Energy Delhi Distribution Restricted (TPDDL) too, in its submission, has feared a lower in revenue within the present monetary yr.
Sources stated the delay in issuing tariffs is towards the suggestions of the Nationwide Tariff Coverage, 2016, and the instructions of the Ministry of Energy to state energy regulators.
“Well timed issuance of the tariff orders and full value reflectiveness of tariff are essential pre-requisites for making certain the sustainability of the facility sector and can be within the curiosity of the electrical energy shoppers,” the ministry had stated in a communication to energy regulators in April.
The tariff order for a monetary yr, within the regular course, ought to have been introduced earlier than April 1. Nonetheless up to now 5 years, energy tariff bulletins within the nationwide capital have been delayed by 4 to 12 months, sources claimed.
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