Agartala: The Tripura Electricity Regulatory Commission (TERC) has decided to increase power tariff by 7% on its current rate to support the annual revenue deficit of Tripura State Electricity Corporation Limited (TSECL).
TERC chairman D Radhakrishna on Saturday said the TSECL, in the tariff revision petition in June this year, projected a revenue gap of Rs 1,100.60 crore and proposed to recover the deficit through increasing tariffs, including a gap resulting from truing up and pending regulatory assets.
“If the claim of TSECL’s revenue gap is considered that roughly translates the tariff hike of around 150%, we pruned it to Rs 60 crore for which a 7% tariff hike has become inevitable,” Radhakrishna said, reports Biswendu Bhattacharjee.
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