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AAP government plans to write to DERC on fuel surcharge hike

New Delhi:  The AAP government is planning to write to Delhi Electricity Regulatory Commission (DERC) to roll back the recent hike in fuel surcharge.  Sources said Delhi Power Minister Satyendra Jain is likely to send
PTI June 15, 2015 22:36 IST
PTI

New Delhi:  The AAP government is planning to write to Delhi Electricity Regulatory Commission (DERC) to roll back the recent hike in fuel surcharge.  Sources said Delhi Power Minister Satyendra Jain is likely to send a letter to DERC tomorrow and ask the power regulator to withdraw the hike immediately.  

A senior government official said that the DERC's move is "completely illogical" as the CAG audit of the power discoms is still underway.

The power department is of the view that any increase in tariff or fuel surcharge should be taken up later, he said.  

DERC on Friday had approved a 4-6 per cent increase in power purchase adjustment cost (PPAC), or the fuel surcharge, as it restored a levy charged to compensate the discoms for rise in cost of buying electricity on account of increase in coal and gas prices.