Power in Punjab cheap by 3.5 pc from April 1
Power in Punjab form April 1 will be cheaper by 3.5 per cent as Punjab state electricity Board (PSEB) will stop charging increased tariff on Punjab consumers in 2007-2008.
By PTI |
PATIALA: Power in Punjab form April 1 will be cheaper by 3.5 per cent as Punjab state electricity Board (PSEB) will stop charging increased tariff on Punjab consumers in 2007-2008.
The Punjab State Electricity Regulatory Commission (PSERC) had increased power tariff in September last year.
Though the tariff has increased from April 1, it came in to enforce from September 1, official sources said today.
The average increase for the whole year is 4.90 per cent. However, as the tariff is to be recovered in the remaining seven months, after annulisation it will become 8.4 per cent.
The tariff was raised in September last after a gap of almost two years and that too by taking a suo moto initiative by the commission because the PSEB had not filed the petition to raise the tariff to meet its enhanced annual revenue requirement (ARR).
This year too keeping eye on panchayat polls and expected parliament elections the Punjab State Electricity Board (PSEB) did not seek any hike in power tariff in its petition filled on February 15 before the Punjab State Electricity Regulatory Commission (PSERC). PSEB on the direction of Punjab Government has left matter for tariff revision entirely on PSERC.
The Punjab State Electricity Regulatory Commission (PSERC) had increased power tariff in September last year.
Though the tariff has increased from April 1, it came in to enforce from September 1, official sources said today.
The average increase for the whole year is 4.90 per cent. However, as the tariff is to be recovered in the remaining seven months, after annulisation it will become 8.4 per cent.
The tariff was raised in September last after a gap of almost two years and that too by taking a suo moto initiative by the commission because the PSEB had not filed the petition to raise the tariff to meet its enhanced annual revenue requirement (ARR).
This year too keeping eye on panchayat polls and expected parliament elections the Punjab State Electricity Board (PSEB) did not seek any hike in power tariff in its petition filled on February 15 before the Punjab State Electricity Regulatory Commission (PSERC). PSEB on the direction of Punjab Government has left matter for tariff revision entirely on PSERC.
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