This Article is From Nov 14, 2014

Delhi Electricity Regulatory Commission Withdraws Power Tariff Hike

Delhi Electricity Regulatory Commission Withdraws Power Tariff Hike
New Delhi: A power tariff hike of up to seven per cent announced in Delhi last night has been withdrawn in less than 24 hours amid a chorus of political criticism ahead of assembly polls just months away.

The Delhi Electricity Regulatory Commission's hike would have come into effect from tomorrow, but for the first time in recent history, it has been withdrawn.

The regulator had announced the surcharge in response to the demands of three private power distribution companies in Delhi, who claim they are running into losses.

Officials said the hike was withdrawn because of "new inputs" from the National Thermal Power Corporation on power production costs.

The overnight turnaround raised speculation about a political intervention, with elections in Delhi expected early next year.

If the new tariffs had come into effect, consumers would have to pay seven percent, 4.5 per cent or 2.5 per cent more on their electricity bills.

Arvind Kejriwal, the chief of the Aam Aadmi Party, had condemned the decision in tweets targeting the BJP at the Centre.

"BJP govt again increases power tariff in delhi. BJP promised to reduce it by 30pc. BJP made a U-turn... We promised to reduce it by half and we did it. Ji kehte hain, wo jarte hain. When AAP forms govt, we will again reduce tariff by half," he tweeted.

Delhi BJP President Satish Upadhyay had said yesterday that his party would raise the tariff issue with Union Power Minister Piyush Goyal and Lieutenant Governor Najeeb Jung.

Today, Lieutenant Governor Jung described yesterday's decision as "miscalculation."

"Got an SMS, I think there was some miscalculation that's why they withdrew the order..we don't know anything, there can't be any politics in DERC because it is an independent organisation," Mr Jung said today.
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