• APERC treads with caution on power tariff hike

    Justice G Bhavani Prasad, chairman of Andhra Pradesh Electricity Regulatory Commission (APERC), has remained non-committal on the prospects of revision of power tariff.

    “It is the usual practice that the distribution companies (discoms) will submit aggregate revenue requirement (ARR) and tariff proposals some time in November every year and the commission will take a call on the proposals in April next. I cannot predict on the issue right now as it is a subject to be finalised at that point of time basing on the discoms’ proposals,” Justice Prasad said at a press conference here on Friday.

    In his capacity as chairman of APERC, he chaired the seventh state advisory committee (SAC) meeting of APERC held here. Justice Prasad claimed that power utilities in the state were ranked first in minimising distribution losses. The commission effected a 4 per cent hike, subjecting only 8 per cent of consumers to the burden in 2014-15 and 2 per cent covering only 4 per cent of consumers in the next year, he explained.

    When drawn his attention to the opinion of the industry on the higher tariff structure in the state which had resulted in migration of investments to the neighbouring states where power charges are relatively lower, he said that there was no truth in such claims.

    Replying to a question, Justice Prasad said the commission is examining a petition which challenged the power purchase agreements (PPAs), Hinduja National Power Corporation Limited had inked with the state government. “I cannot make any comment on this issue as it is subject to examination by the commission,” he added. Larry Andersen Authentic Jersey

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