New Delhi: The withdrawal of PPAC in July had resulted in marginal decline of tariff for the consumers, whose monthly consumption does not exceed 400 units. PPAC is a surcharge given to the discoms to compensate variations in the market-driven fuel costs like additional costs on account of increase in coal and gas prices.
According to DERC figures, the private discoms operating in the city have a revenue gap of a whopping Rs 19,500 crore.
Official figures show that around 80-90 per cent of total revenue of discoms goes into purchasing power from central andstate government owned entities through long-term power purchase agreement, at rates determined by the central and state regulators.
The city has seen a series of hike in power tariff in the past two years. The tariff was hiked by 22 per cent in 2011 followed by five per cent hike in February 2012. The tariff was increased by up to two per cent in May 2012 years and again by 26 per cent for domestic consumers in July 2012.
It was hiked by up to three per cent in February last year and again by five per cent in August last. The cost of buying power has increased primarily on account of an increase in the input prices of raw material like coal and gas, officials said.
