Page 2 - Power Tariffs

SC gives CERC 8 weeks to decide on revised tariffs for 3 Gujarat power cos

The Tata Power, Adani Power and Essar Power plants had bid for a fixed tariff to win the projects, but those tariffs turned unviable after Indonesia changed its coal pricing regulations

Power tariffs for farmers to be linked to water table

The tariff policy under the Electricity Act is the guiding principle for setting rates

Power reforms trip: Tariffs still a sore point with states

Bihar, Maharashtra, Madhya Pradesh and Jharkhand are among the states that announced higher rates for 2017-18. Bihar led with a 20 per cent rise, across brackets. It, however, also introduced direct subsidy transfer for some sections of consumers, thereby reducing the impact on the revenue of power distribution companies (discoms). Jharkhand's raise was 12 per cent, Madhya Pradesh's 9.5 per cent and Karnataka raised by 8.1 per cent. The central government's programme for debt restructuring of state discoms underlines the need for regular rate revision. Ratings agency ICRA says the overall subsidy dependence of discoms for 2017-18 would be Rs 81,000 crore, an increase of around eight per cent over the previous year. "The increase in the subsidy requirement is predominantly driven by first, the subsidy, and concessional tariff (rate) announcements in states and/or continuation of the subsidised nature of tariffs by state governments for certain consumer categories," says Sabyasachi ...

Power distribution cos caught in debt trap as consumers oppose tariff hike

Discoms accumulated losses of about Rs 4.3 lkh cr till March 2015; need to debt to cover costs

Bihar power shock: BERC increases electricity tariffs by 55%

After three years, the power tariffs delivered a big shock in Bihar. The Bihar Electricity Regulatory Commission (BERC) approved an unprecedented 55 per cent increase in electricity tariff. The hike is expected to boost distribution companies' kitty by Rs. 4,700 crore. From the next month onwards, the consumers would now have to shell out Rs. 2.75 to Rs. 3.65 per unit more under the approved tariff for the next fiscal. "The DISCOMs have proposed overall hike of about 84 per cent in the tariff for FY 2017-18, whereas we have approved overall increase of about 55 per cent without taking state government's subsidy into account," said BERC chairman S K Negi. "However, if the state government extends subsidy support to BPL and rural consumers as agreed in the Ujjwal DISCOM Assurance Yojna (UDAY), the increase may come down to around 28 per cent only," he added. However, even after the adjustment of subsidy into the revised tariff, it would still be sharpest ever increase in the power ...

Power tariffs for industry shoot up

This is thanks to increase in states' levy of cross-subsidy charges