Madhya Pradesh discoms seek tariff hike

Power consumers in Madhya Pradesh (MP) will have to bear the burden of revenue shortfall of discoms in wake of Covid-19 in the coming years.

In December 2019, all the three power discoms of the state had submitted their ARRs with the MP Electricity Regulatory Commission (MPERC) that showed an estimated revenue gap for the financial year 2020-21 at Rs 20 billion and sought a tariff hike of around 5 per cent in the current financial year to bridge the gap. The new power tariff of the financial year is normally announced by March and is applicable from April 1. However due to Covid-19 outbreak and lockdown the MPERC has not decided the power tariff hike till now. As per the discoms, the revenue shortfall of Covid-19 times will be sought from MPERC in the true-up petition for this year, and if commission allows, it would be passed on to the consumers.

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