City
Epaper

Regulator allows power companies to hike tariffs, Delhi govt says won't impact consumers

By ANI | Updated: June 26, 2023 13:25 IST

New Delhi [India], June 26 : The power regulator in Delhi has allowed distribution companies to increase power tariffs ...

Open in App

New Delhi [India], June 26 : The power regulator in Delhi has allowed distribution companies to increase power tariffs in the national capital.

This comes after petitions were filed by the companies, seeking the hike in power rates.

BSES Yamuna Power Limited (BYPL) has been allowed to charge 9.42 per cent more on top of the prevailing rates, BSES Rajdhani Power Limited (BRPL) 6.39 per cent, and New Delhi Municipal Council (NDMC) 2 per cent.

According to the Delhi NCT administration, the fresh rise in power tariffs will not affect the consumers.

"Consumers will not be directly affected by this increase. Under the Power Purchase Agreement, electricity prices keep increasing and decreasing. Electricity becomes cheaper in winter, while the price increases slightly in summer. In every quarterly review, there is a marginal increase or decrease in the prices under the power purchase agreement," an official statement by the Delhi NCT administration said.

Their prices, the administration maintained, depend on the prices of key inputs coal and gas.

"The prices are increased and decreased during the review every quarter. This increase will not have a direct effect on the customers. This is a normal quarterly review process," the statement said.

On Monday, Delhi's Power Minister Atishi said the consumers who get free electricity up to 200 units will have no impact from the latest rise in tariffs. However, she added other consumers will have to pay about an 8 per cent surcharge.

Further, she also targeted the Centre over rising coal prices. Coal is a key input in power manufacturing.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: BSES Yamuna Power LimitedRajdhani power limiteddelhiDelhi Lok Sabha Election 2019Delhi BjpDelhi Commissioner Of PoliceNew DelhiDelhi High CourtDelhi MetroSouth DelhiDelhi UniversityDelhi Dynamos
Open in App

Related Stories

NationalDelhi: Food Delivery Worker Bullied in Narela, Drunken Customer Misbehaves with Police

InternationalUS Government Shutdown: US Embassy in India’s X Account to Pause Regular Updates Until Full Operations Resume

NationalZubeen Garg Death Probe: Festival Organiser Shyamkanu Mahanta and Manager Siddhartha Sharma Arrested in Delhi, Brought to Guwahati

NationalIndiGo's Mumbai-Delhi Flight Gets Bomb Threat; Full Emergency Declared At IGI Airport

NationalVijay Kumar Malhotra Passes Away at 93: PM Modi Condoles Demise of Veteran Delhi BJP Leader

Business Realted Stories

BusinessFinancial dignity must be core to growth, pension planning a necessity: FM Sitharaman

BusinessIndia scripting new story of prosperity: Rajasthan CM

BusinessAshwini Vaishnaw inaugurates NIELIT Digital University

BusinessTrade and Economic Partnership Agreement with EFTA countries will be a game changer: JBM Group Vice Chairman

BusinessEAM Jaishankar meets Airbus, IndiGo leadership to boost India-Europe aviation ties