Will Govt allow power tariff hike?

Bhubaneswar, 05 Feb 2009. While projecting higher annual revenue requirement, Gridco and OPTCL, the two Government PSUs, have demanded substantial increase in the bulk supply tariff and transmission tariff respectively from the Orissa Electricity Regulatory Commission (OERC). If approved, this will have cascading effect on the retail supply tariff and domestic consumers at a time when the general elections are round the corner.

Gridco, the bulk supplier of power, has asked for an increase of about 88 paisa per unit in the bulk supply tariff (BST) as against the existing Rs 1.22 per unit. The annual revenue requirement (ARR) proposed by the State utility for 2009-10 is Rs 3,929 crore as against Rs 2,247 crore approved by OERC for the current financial year.

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