The BJP Friday claimed the Power Purchase Adjustment Charges (PPAC) component in the electricity bill in Delhi has been slashed by more than 50 percent due to the party's protest, and it will reduce consumers' bills by 20-25 percent in coming days. Delhi BJP president Virendra Sachdeva told a press conference here it was a victory of the party workers who have been protesting against the discoms and the AAP government for "looting" honest power consumers in the name of PPAC. Citing Delhi Electricity Regulatory Commission (DERC) orders, Sachdeva said the "PPAC imposed by the three discoms has been reduced by more than 50 percent, and resultantly the consumer bills will be reduced by 20-25 percent". The PPAC is added to the electricity bill to compensate for any increase in the cost of power during procurement due to factors like rise in fuel prices, changes in policies among others. It is calculated as a per cent of the sum of the fixed charge and energy charge (units consumed) in .
Total consumption however rose 4.6% to a record 233.3 million tonnes in FY24
Crude imports fell 6.5 percent in February to 18.01 Million Metric Tonnes. says data released by Petroleum Planning and Analysis Cell
Government data shows that domestic flights tend to dominate the use of ATF. Domestic aviation accounted for 74 per cent of consumption between April and November 2023
Delhi Chief Minister Arvind Kejriwal on Monday said the increase in power purchase adjustment cost (PPAC) won't impact consumers
While India has been on a recovery path until now, high oil prices at present could lead to some demand destruction, says an analyst
Consumption of fuel, a proxy for oil demand, totalled 16.83 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed
As of February 2017, the 11 state-run oil firms spent more than the target of Rs 87,603 crore