Online edition of India's National Newspaper
Friday, Dec 03, 2010
ePaper | Mobile/PDA Version
Google



New Delhi
News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Retail Plus | Classifieds | Jobs | Obituary |

New Delhi Printer Friendly Page   Send this Article to a Friend

‘Delhi Govt. favouring discoms'

Special Correspondent

Looting people of Rs. 300 crore per month: BJP

NEW DELHI: Leader of Opposition in Delhi Assembly V.K. Malhotra and Delhi BJP president Vijender Gupta on Thursday criticised the role of the Delhi Government in the power tariff issue and accused it of working in tandem with the power distribution companies thereby causing a loss of Rs.300 crore per month to the consumers.

Prof. Malhotra said the position of the Delhi Government with regard to its powers under Section 108 of the Electricity Act has been rubbished by the deposition of Attorney General G.E. Vahanvati before the Delhi High Court. “It has clearly indicated that the Delhi Government has no locus in the matter and that it cannot and should not have intervened in the manner it did and that it was unconstitutional to do so,” the BJP leader said.

Tariff reduction

Prof. Malhotra said while the power distribution companies were constantly seeking a tariff hike citing losses, the Delhi Electricity Regulatory Commission had after an audit consistently maintained that these companies were running in profit and had proposed a 20 per cent reduction in tariff to rationalise it.

“The delay in implementation of the DERC pending order of a reduction of 20 per cent in tariff is yielding Rs.10 crore per day or Rs.300 crore each month to the private power companies,'' he said.

Meanwhile, Mr. Gupta said when the discoms had asked for a 70 per cent hike in power tariff, the Commission got the accounts of the companies audited in detail by the experts and found that they had earned excess profit of Rs.3,577 crore rupees in the previous year. On this basis, he said, DERC had on April 29 this year recommended that the power tariff should be reduced by 20 per cent for the year 2010-11.

Printer friendly page  
Send this article to Friends by E-Mail



New Delhi

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Retail Plus | Classifieds | Jobs | Obituary | Updates: Breaking News |


News Update



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Ergo | Home |

Copyright 2010, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu