Telangana Power Companies Propose Tariff Increase
Telangana Power Companies Propose Tariff Increase
Telangana Power Companies Propose Tariff Increase
News summary

The Southern and Northern Power Distribution Companies of Telangana have submitted proposals to the Telangana Electricity Regulatory Commission (TGERC) to increase electricity tariffs for the 2024-25 financial year, aiming to address a projected revenue gap of ₹13,022 crore. The proposals include raising fixed charges for domestic consumers exceeding 300 units per month from ₹10 to ₹50, potentially generating an additional ₹1,200 crore in revenue. While the hike would mainly affect high-consumption households, over 80% of consumers using less than 300 units monthly would remain exempt due to the Griha Jyoti scheme. The TGERC is expected to conduct public hearings before finalizing any changes, a process anticipated to take around 90 days. The delay in submitting the Annual Revenue Requirement (ARR) report has already incurred a penalty of ₹21 lakh on the discoms, highlighting the urgency of resolving these tariff adjustments. The government has pledged to support the discoms with ₹11,000 crore in subsidies, particularly for the agricultural sector.

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