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In a huge relief to consumers especially those in the domestic sector, state power regulator Odisha Electricity Regulatory Commission (OERC) has spared the hike in electricity tariff for 2014-15, after raising it for four successive years since 2010-11.
Though OERC had decided on the new tariff order, it was not notified in view of the twin Lok Sabha and assembly polls in the state. After the two-phased polls and the re-polling for four assembly segments that ended Friday, the regulator notified the order on Saturday.
Despite the distribution companies (discoms) projecting a distribution loss of 32.4 per cent, the commission considered an average distribution loss of 21.38 per cent for determination of retail supply tariff for consumers of the state.
