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Power stocks surge as DERC approves tariff hike

Last Updated: Thursday, July 17, 2014, 19:52

Shares of power companies moved higher, surging as much as 4 percent today, after the Delhi Electricity Regulatory Commission (DERC) approved tariff hike for in Delhi region FY15. CESC climbed 3.85 percent, while Adani Power gained 3.28 percent and Tata Power rose by 3.53 percent on the BSE.

DERC hikes power tariffs in Delhi by over 8%; PPAC scrapped

Last Updated: Thursday, July 17, 2014, 12:17

Amid continuing power cuts, electricity tariffs in Delhi were on Thursday hiked by upto 8.32 percent.

Discoms trying to scuttle CAG audit: Aam Aadmi Party

Last Updated: Sunday, July 06, 2014, 21:38

Aam Aadmi Party (AAP) on Sunday alleged that the private power distribution companies were trying to scuttle the audit of their accounts by the CAG and warned that the party would protest any further rise in electricity tariff in the national Capital.

Do not allow hike in power tariff: BJP to LG

Last Updated: Thursday, May 01, 2014, 21:17

BJP in Delhi on Thursday asked Lt Governor Najeeb Jung not to allow any hike in power tariff as demanded by private power distribution companies and accused them of exploiting consumers.

DERC seeks EC nod for initiating process for power tariff hike

Last Updated: Friday, March 28, 2014, 00:51

Delhi Electricity Regulatory Commission (DERC) has sought permission from Delhi Electoral Office to initiate process of power tariff hike, citing it needs at least 30 days from date of public notice.

AAP govt asks DERC to revoke licences of Delhi discoms

Last Updated: Monday, February 03, 2014, 21:11

AAP-led Delhi government asked DERC to revoke licences of power distribution companies should they fail to pay dues to National Thermal Power Corporation (NTPC) and resort to long outages.

CAG audit will tell where the money went: Kejriwal on power tariff hike

Last Updated: Saturday, February 01, 2014, 12:06

Reacting to the hike in power rates, Delhi Chief Minister Arvind Kejriwal on Saturday said the Comptroller and Auditor General`s report on discoms would ascertain the lack of funds as stated by power distribution companies.

Power tariff rises upto 8 percent in Delhi, millions affected

Last Updated: Saturday, February 01, 2014, 04:24

Delhi`s power tariff will increase six to eight percent as power distribution companies hiked their surcharge.

Power tariff hiked in Delhi by up to 8%

Last Updated: Friday, January 31, 2014, 20:22

The power sector regulator in New Delhi has approved a 6-8 percent surcharge on power purchase costs by electricity distribution companies, a notice on the regulator`s website said on Friday.

Congress MP Sanjay Nirupam threatens agitation if Mumbai power tariff not cut

Last Updated: Saturday, January 04, 2014, 16:38

Congress leader Sanjay Nirupam on Saturday said that he will be taking out a rally as a protest in front of Reliance office in Mumbai if they did not agree on the three demands made to reduce the price of electricity.

Dikshit seeks Centre`s help to insulate electricity consumers

Last Updated: Monday, February 18, 2013, 22:09

Chief Minister Sheila Dikshit on Monday sought financial assistance from the Union Power Ministry to insulate consumers from any possible hike in power tariff.

DERC set to announce relief for power consumers

Last Updated: Sunday, October 14, 2012, 10:25

After widespread complaints of inflated power bills, Delhi Electricity Regulatory Commission had last month proposed to revert to earlier slabs for calculating power tariffs which was abolished while effecting a 26 percent hike in tariff for domestic consumers in June.