Admn shock: power tar­iff to go up by 50%

Hindustan Times (Chandigarh) - Live - - FRONT PAGE - Amanin­der Pal Sharma chdlivedesk@hin­dus­tan­

■ CHANDI­GARH: It is of­fi­cial now. Act­ing even more ruth­lessly than what was ex­pected, the UT ad­min­is­tra­tion has fi­nalised its pro­posal to hike power tar­iff by 50% for most of the cat­e­gories for 201213.

Af­ter hold­ing lengthy de­lib­er­a­tions on the an­nual rev­enue re­quire­ment (ARR) re­port of the elec­tric­ity depart­ment, Chandi­garh, the ad­min­is­tra­tion has pro­posed en­hanced tar­iff to bridge the de­mand-sup­ply di­vide and rev­enue gap.

The UT ad­min­is­tra­tion would sub­mit the ARR to the Joint Elec­tric­ity Reg­u­la­tory Com­mis­sion (JERC) for UTS and Goa on De­cem­ber 30, which is the last date to sub­mit the ARR.

Con­firm­ing the hike, KK Sharma, ad­viser to the ad­min­is­tra­tor, said the ARR was largely fi­nalised and the ad­min­is­tra­tion was go­ing to pro­pose tar­iff hike in be­tween 45-50% for all cat­e­gories. “The hike was need of the hour, as other­wise the ad­min­is­tra­tion will face huge rev­enue deficit. It was also needed to en­sure qual­ity power sup­ply to the res­i­dents,” said Sharma, adding that it was still a pro­posal and fi­nal tar­iff would be de­cided only by the JERC.

Ear­lier, as­sess­ing that the gap be­tween the ARR and rev­enue from sale of power would re­main nearly sim­i­lar to that for 2011-12, se­nior of­fi­cials had opined that the pro­posed hike would re­main 25-30%, the fig­ure pro­posed by ad­min­is­tra­tion for 2011-12.

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