CERC mulls over TOD tariff for LT consumers by 2008
National power regulator Central Electricity Regulatory Commission (CERC) is working upon the idea to introduce time-of-the-day (TOD) tariff for low tension (LT) consumers in the country by the year 2007-08.
By PTI |
KOLKATA: National power regulator Central Electricity Regulatory Commission (CERC) is working upon the idea to introduce time-of-the-day (TOD) tariff for low tension (LT) consumers in the country by the year 2007-08.
CERC chairman A K Basu on Tuesday said that the commission was preparing a paper on this issue, which would be made public within 10 days time for a national debate.
Basu said that although TOD tariff now existed for high tension (HT) consumers, implementing this for households was difficult due to the absence of special types of meters required.
He said that TOD tariff meant that electricity charges during the peak time would be higher compared to other time of the day like early morning.
Basu said that this would help in load balancing and reduce inefficient consumption of power.
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He said that CERC was in touch with the meter manufacturing companies for making the particular types needed for TOD tariff.On other issues, he said that CERC was mulling to set up a national exchange for trading power.
Basu, speaking at the Merchants' Chamber of Commerce here, said that CERC was trying to develop a separate model on the basis of which price discovery through market mechanism would be made.
He said that at present, trading volumes remained low while prices had increased.
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Basu said that this was not acceptable, for which CERC was working on the idea of setting up a national power exchange where matchmaking would be done between the surplus generator and the deficit generator.This also called for the need to set up a national grid. At present, there were five regional grids. Basu said that by 2012, 36,000 MW of power was targeted for inter-regional transmission.
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On the issue of cross-subsidy, he said that although the Electricity Act of 2003 specifically said that it would be gradually reduced and ultimately eliminated, it would be difficult task owing to political reasons."I do not see elimination of cross-subsidy in the foreseeable future," Basu said.
CERC is also keen for private sector participation in transmission of power for which investment of Rs 70,000 crore were required.
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