GERC approves FPPPA for discoms

The Gujarat Electricity Regulatory Commission has approved a fuel and power purchase price adjustment (FPPPA) for discoms for the quarter ended December 2018. Torrent Power commenced billing at the FPPPA rate of Rs 2.09 per unit from October 2018, which marks an increase of 23 paise in the FPPPA, including a partial recovery of the past under-recoveries. Meanwhile, four state discoms, namely, Dakshin Gujarat Vij Company Limited, Uttar Gujarat Vij Company Limited, Madhya Gujarat Vij Company Limited and Paschim Gujarat Vij Company Limited, have increased the surcharge by 10 paise from Rs 1.61 per unit in the July-August 2018 quarter to Rs 1.71 for the October-December 2018 quarter.

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