Gujarat Electricity Regulatory Commission (GERC) passed on the benefit of surplus revenues of the four discoms in the State to the consumers by reducing energy charges by 10 paise per unit for all residential consumers.
The commission, on the petition filed by four discoms for truing up of their financials for 2014-15, and determination of tarrif for fiscal 2016-17, under the multi-year tariff regulations, rationalised tariff for various category of consumers.
For the LTMD and HT category consumers, the commission cut the tariff by 10 paise per unit and 14 paise per unit respectively after rationalisation. The new tariff will be applicable from April 1.
With the modification, rationalisation in the tariff structure and revision in the tariff rates, there will be gross benefit of ₹414.03 crore to the consumers of the state-owned discoms.
Against the consolidated revenue gap of ₹234.77 crore claimed by the discoms, the Commission approved the consolidated revenue surplus of ₹115.55 crore.
Meanwhile, for the consumers of private sector power producer Torrent Power Ltd, the Commission capped the FPPPA charges at ₹1.35 per unit as against the present FPPPA of ₹1.98 per unit.
The power consumers of all the categories in Ahmedabad, Surat and Gandhinagar cities will get reduction of 18 paise per unit.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.