Bihar power shock: BERC increases electricity tariffs by 55%

Sharpest ever rise after no revision in 3 yrs; move likely to boost Discoms' kitty by Rs 4,700 cr

Bihar's power tariff revision, which comes after a three-year status quo on prices, has come as a  shocker to consumers. The Bihar Electricity Regulatory Commission (BERC) has approved an unprecedented 55 per cent increase in electricity tariff. The hike is expected to boost distribution companies' (discoms) kitty by Rs 4,700 crore.

From next month, consumers will have to shell out Rs 2.75 to Rs 3.65 more per unit under the approved tariff for the next financial year. "The discoms have proposed an overall hike of about 84 per cent in the tariff for FY18, whereas we have approved an increase