POWER

Power tariff declaration for 2021-22 in Delhi likely to see further delay

The declaration of power tariff for year 2021-22 in Delhi, already delayed by over three months, is likely to be held back for some more days due to Lt Governor Anil Baijal seized of the matter involving extension of retirement age of the three-member DERC panel, sources said on Thursday.

The power tariff of a financial year is normally announced before April 1, the date when it comes into forces, they said.

The Delhi Electricity Regulatory Commission (DERC) panel is currently having one member AK Ambasht. Justice(retired) SS Chauhan completed his term on July 4 after attaining 65 year age. Another member of the commission, AK Singhal, retired in January this year.

Justice (retired) Chauhan wrote to the LG urging for extending tenure of DERC members to age of 67 years or five years. Currently, the age of retirement of DERC members is 64 years or 5-year term, whichever is earlier, the sources claimed.

Justice (retired) Chauhan wanted to announce the new power tariff before completing his term, they claimed.

“The tariff order is almost ready. It could not be announced because there were some difference involving the commission members,” said an official privy to the development.

Source
ET Energy World
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