The Uttar Pradesh Electrical energy Regulatory Fee (UPERC) held a public hearing in Better Noida on Friday to collect views from stakeholders on the Purvanchal Vidyut Vitran nigam restricted (PVVNL) and Noida Energy Firm Restricted (NPCL) annual income requirement (ARR) proposal, officers mentioned. The public hearing was held forward of the fee’s announcement of the ability tariff order for 2023-24 subsequent month.
PVVNL, which is a subsidiary of the Uttar Pradesh Energy Company Restricted, has proposed an average tariff hike of 15.85% for the approaching monetary 12 months. In line with officers, for home customers, who make up 85% of PVVNL’s whole customers, the proposed tariff hike is even increased at 18.59%. NPCL, however, has not proposed any tariff hike for the subsequent monetary 12 months.
Through the earlier monetary 12 months, the UPERC lowered the electrical energy tariff for customers in Better Noida by offering a regulatory low cost of 10%. “The NPCL doesn’t plan to make any modifications to the tariff for customers within the coming monetary 12 months,” mentioned Manoj Jha, spokesperson for the NPCL.
On the public hearing, representatives from Residents’ Welfare Associations, Condo Homeowners Associations, Industries Associations, Entrepreneurs Associations, farmers associations, and Energy Client Affiliation expressed their objections and solutions relating to the tariff hike, and grievances with the PVVNL’s providers. The Uttar Pradesh Rajya Vidyut Upbhokta Parishad chairman, Avdhesh Kumar Verma, objected strongly to the proposed tariff hike by the PVVNL, citing the corporate’s incapability to offer uninterrupted electrical energy provide to customers.
Different stakeholders, such because the Noida Entrepreneurs Affiliation and India Business Affiliation, additionally raised objections in opposition to PVVNL’s proposed tariff hike. They referred to as for a discount in electrical energy charges for industries in Uttar Pradesh and uninterrupted electrical energy provide.
Representatives of the Nationwide Capital Area Transport Company, which is constructing the Delhi-Meerut Fast Rail Transit system, and an official from the Delhi Metro Rail Company additionally requested a discount of their electrical energy charges. They requested the UPERC to think about offering subsidised tariffs for the NCRTC as excessive tariffs might end in a excessive price of tickets for passengers, which can end in fewer folks utilizing the RRTS.
After listening to everybody’s views, the Chairman of the UPERC, RP Singh, assured that the Fee will attempt to present reduction to the customers. “There’s a false impression amongst folks that the losses incurred by the discoms are handed on to the customers, which isn’t the case. The tariff order will solely be taken in favour of the customers at giant,” chairman mentioned.
The UPERC’s tariff order is predicted to be launched subsequent month, and stakeholders are eagerly ready to see if the Fee will take their objections and solutions into consideration.
