DERC News

Chief Minister Arvind Kejriwal on Saturday approved the appointment of Justice Shabihul Husnain (Retd) as the new Chairman of Delhi Electricity Regulatory Commission (DERC) on the recommendation of the selection committee constituted under the Electricity Act 2003.

As per the new rates, the fixed charges up to 2 kilowatts (kW) has been reduced from Rs 125 to Rs 20, while the charges above till 5 kW has been cut from Rs 140 to Rs 50.

Delhi: AAP, BJP workers stage protest during Delhi Electricity Regulatory Commission (DERC) meeting in Delhi. Watch this video to know more.

The Union Power Ministry on Thursday said it has made mandatory for distribution companies (discoms) to provide power connections to consumers within 15 days in normal conditions, as it highlighted initiatives taken to ease the process of getting electricity.

In a stern warning to the private power distribution companies, Chief Minister Arvind Kejriwal today gave deadline of one week to them to address the problem of outages saying government will not hesitate to cancel their licenses if they fail to comply with the directive.

Claiming that poor maintenance of electricity plants by discoms was responsible for power cuts, Delhi Power Minister Satyendra Jain on Saturday announced that consumers would be compensated for outages of more than two hours.

The Delhi High Court today sought response of the central and Delhi governments on a plea seeking scrapping of the appointment of the Delhi Electricity Regulatory Commission (DERC) chairperson, alleging it to be in violation of rules.

For the first time since 2011, Delhi Electricity Regulatory Commission (DERC) on Thursday announced no hike in power rates in the city at the end of its annual tariff determination process, prompting Chief Minister Arvind Kejriwal to ascribe it to "honest politics".

Delhi Government on Thursday clarified that there will be no hike in the electricity bill, adding that it may further reduce the bill after the Comptroller and Auditor General (CAG) report is out.

The Delhi Electricity Regulatory Commission (DERC) will hold public hearing on August 4 and 5 as part of the process to finalise the tariff following which the rates for domestic and commercial consumers will be fixed.

Reacting to the DERC's decision, the Aam Aadmi Party Government said it will ask the regulator to review the hike as it will put additional burden on the consumers.

The Delhi Electricity Regulatory Commission has hiked the power tariff in Delhi by upto six percent effective from Monday.

The power tariff in the national capital may see a steep rise of up to 20 percent if Delhi Electricity Regulatory Commission (DERC) accepts a demand of the three private power distribution companies which have strongly sought the hike citing severe fund crunch.

Facing severe attack from political parties, Delhi's power regulator DERC on Friday withdrew the power tariff hike of up to seven percent which was announced last night.

According to the DERC order, the hike will be 7 percent for consumers of BSES Yamuna Power Ltd while BSES Rajdhani customers will have to shell out 4.5 percent extra on their electricity bills.

To be applicable from Saturday, the DERC approved a hike of 7 percent for BSES Yamuna Power Limited (BYPL), 4.5 percent for BSES Rajdhani Power Limited (BRPL) and 2.5 percent for Tata Power.

Power tariff in the city may go up next month as Delhi Electricity Regulatory Commission is all set to levy a fuel surcharge to help the private distribution companies adjust their power purchase cost.

Reliance Infrastructure (RInfra) Friday posted a marginal rise in net profit on the back of increased incomes for the first quarter of the current fiscal, at Rs.244 crore over the Rs.240 crore recorded in the same quarter of 2013-14.

Shares of power companies moved higher, surging as much as 4 percent today, after the Delhi Electricity Regulatory Commission (DERC) approved tariff hike for in Delhi region FY15. CESC climbed 3.85 percent, while Adani Power gained 3.28 percent and Tata Power rose by 3.53 percent on the BSE.