Wednesday, April 12, 2017

POWER TARIFF IN KARNATAKA WILL GO UP FROM APRIL, 2017

POWER TARIFF IS UP IN KARNATAKA FROM APRIL,2017
The average tariff increase is now 48 paise per unit ranging from 15 paise to 50 paise per unit for all categories. In the case of Bescom areas, three additional slabs have been introduced and was stated that this increase for the last year`s deficit.
The reasons  for the tariff increase include recovery of revenue gap of RS. 2,296 crore for FY 16-17 (which accounts for 42 paise per unit), increase in power purchase cost for 17-18 (which is about six paise), increase in fuel cost of thermal power plants and fuel adjustment cost (FAC) amounting to Rs. 280 crore, causing an average increase of 20 paise per unit. With the addition of FAC, the average hike would be 53 paise per unit.
Importantly, the KERC is drawing up guidelines to fix responsibility on officers of Escoms to conduct monthly grievance redressal meetings. The commission will levy a penalty up to Rs. 1 lakh per sub division by the officer concerned.


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