News Brief | January 2014
Power tariffs may drop as norms for producers are tightened
Electricity rates may see a marginal drop if the draft regulations on power tariffs, issued by the Central Electricity Regulatory Commission (CERC), are approved. Back-of-the-envelope calculations show that the CERC proposal may bring down rates by 5 per cent. Currently, a consumer in Delhi pays about Rs 4 a unit. But the CERC mechanism will have a negative impact on the revenues.