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Power tariff hiked by 10.66% in Madhya Pradesh

In a move that will hit the common man hard in the state, the Madhya Pradesh Electricity Regulatory Commission on Tuesday announced an average tariff hike of 10.66 per cent for all categories of consumers with effect from June 1.



Bhopal: In a move that will hit the
common man hard in the state, the Madhya Pradesh Electricity
Regulatory Commission on Tuesday announced an average tariff hike
of 10.66 per cent for all categories of consumers with effect
from June 1.

Addressing a press conference, the Commission’s Senior
Member (Engineering) K K Garg said that the power distribution
companies had proposed hike of 24 per cent though the
commission has allowed hike of only about 10 per cent.

Garg said that tariff for different consumer
categories has been determined so that distribution companies
would earn revenue equal to their annual revenue requirement.

He said that the tariff hike was only 7.59 per cent in
case of domestic consumers having consumption up to 30 units
per month and added that no increase was made in this category
for the last four years.

He said that the distribution companies had claimed an
Aggregate Revenue Requirement (ARR) of Rs 15,175 crores but the
commission had admitted an ARR of Rs 10,478 crores.

Responding to queries on free electricity Garg said
that only the state government can take a decision to provide
free electricity to any category of consumers.

He said that such a decision cannot be taken by the
Electricity Regulatory Commission.

PTI

From Zee News

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