Delhi’s power distribution companies (or discoms) are adopting a wait-and-watch strategy as new chief minister Arvind Kejriwal goes about on delivering his poll promise of reducing the capital’s power tariff.
Two of the three discoms are yet to send their Annual Revenue Requirement (ARR) to the regulator, Delhi Electricity Regulatory Authority (DERC). December 31 is the last day for discoms to file their ARR — which is a declaration of the company’s estimated revenue shortfall at existing tariff rates.
Reliance subsidiary BSES, which supplies power to south and west Delhi through two different companies BRPL and BYPL, has not yet sent the ARR report for both its companies to the DERC.
The third discom, Tata Power Delhi Distribution Limited (TPDDL), which supplies power to north Delhi, submitted its ARR, saying it has a revenue gap of Rs 1,600 crore.
“Unlike in the previous years, when discoms made requests for tariff hike at the end of their report, this time Tata Power has mentioned that the ARR may be raised on whatever the commission finds appropriate,” said DERC chief PD Sudhakar.
BSES officials said the company would make its submission to the regulator in the next few weeks, but DERC confirmed that the last day for ARR submission is December 31. “It is not mandatory for discoms to send ARR revision petitions. If BSES wants an ARR revision, they will make a submission, else they will not,” said Sudhakar.