Delhi Discoms Seek Tariff Hike from DERC to Cover Revenue Gap: Sources

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Delhi’s various distribution companies (discoms) have requested a cost-reflective tariff for the current financial year to the Delhi Electricity Regulatory Commission (DERC), citing revenue gaps. The petitions submitted by the discoms highlight revenue gaps of INR2,906 crore ($397m) in true-up petitions, and INR7,817 crore in aggregate revenue requirement petitions. Electricity prices in Delhi have not been increased since 2014, and the discoms are seeking a cost-reflective tariff to continue to provide seamless power supply to residents. The DERC has not yet responded to the requests. The discoms have petitioned the Delhi High Court to seek an interim stay against the DERC’s business plan regulations that determine tariff determination.

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