People in Goa were Monday spared an electricity tariff hike for fiscal 2019-20 despite a projected revenue gap of Rs 308 crore, a state Electricity department official said.
The department informed its decision to the Joint Electricity Regulatory Commission (JERC) which held a public hearing here Monday to review the former's 2018-19 performance and determine tariff for the next fiscal.
The hearing was chaired by JERC chairperson M K Goel along with member Neerja Mathur.
Goa Chief Electrical Engineer Reshma Mathew told the gathering that net revenue gap will be Rs 308 crore in 2019-20 but the same will be met through government budgetary support.
She said there would be no additional burden on the consumers since there would be no tariff hike for fiscal 2019-20.
Consumer rights activist Roland Martins told the JERC hearing that power theft was the prime reason for increasing revenue gap.
He also told the JERC hearing about faulty electricity meters.