Delhi Chief Secretary in race for DERC top post
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Last Updated: Wednesday, March 02, 2011, 18:44
  
New Delhi: Delhi Chief Secretary Rakesh Mehta has applied for the post of chairman of the Delhi Regulatory Electricity Commission (DERC), which is in the process of finalising a new power tariff for the year 2011-12.

DERC is likely to get a chairman by next month after a hiatus of six months as the post is lying vacant since the retirement of Berjinder Singh in September last year.

Sources said Mehta is among the candidates, including several retired IAS officials, who have applied for the top post in the city's power regulator.

Mehta, a 1975 batch IAS officer, was elevated to the post of Chief Secretary in December 2007. Currently, he is also looking after the power department as Power Secretary.

Due to retire from his post in November this year, if Mehta is appointed to head the DERC, his tenure will be for five years.

In January, Delhi Finance Commissioner J P Singh had resigned from his post and joined DERC as a member.

Sources said the process of appointing the new chairman is likely to be completed by next month following which the regulator is expected to finalise revised power tariff for the year 2011-12.

A high-level committee, also comprising a High Court judge and a representative from a Central Electricity Regulatory Council, will select the next DERC head.

In May last year, the city government had, through a notification, stalled DERC's decision to announce the annual tariff for 2010-11 till it re-examines the demands from discoms to increase the rates.

The DERC, which was making last minute preparations to announce the new tariff, after receiving the government's directive had indicated that it had planned to cut down the tariff by 20 to 25 per cent as discoms would have a surplus of around Rs 4,000 crore if the existing tariff was not changed.

The government's notification was quashed by the court last month describing the intervention "absolutely unjustified, unwarranted, untenable."

All three private power distribution companies have been demanding a substantial hike in tariff citing increased power purchase cost.

PTI


First Published: Wednesday, March 02, 2011, 18:44


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