Power tariff hike News

Delhi Electricity Rate Hike: Electricity rates may increase by 10 percent in Delhi. Due to this Congress is protesting against Aam Aadmi Party and has surrounded the AAP office. Know the current situation in this report.

Power Minister Piyush Goyal sees no possibility of increase in power tariff across the country post GST, saying industry associations have not sought its deferment.

The Bharatiya Janata Party (BJP) on Sunday dubbed the hike in power tariff in the state as an 'anti-people' step and said that they would start a movement against the same.

A group of locals in Siwan village here allegedly pelted stones at Haryana BJP MP Raj Kumar Saini at a function in protest over hike in power tariff by the state government, police said.

Reserve Bank Governor Raghuram Rajan Tuesday said even though an increase in power prices to improve the health of discoms would hurt us in the short-term, it is a sound move for inflation management in medium-term.

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.

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.