Haryana Power Companies Seek Regulatory Changes for Fuel Surcharge Recovery
Power companies approach HERC seeking relaxation in rules
News 18
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Power distribution companies in Haryana, India, are requesting the Haryana Electricity Regulatory Commission (HERC) to amend rules governing the recovery of fuel surcharges. They propose deferring monthly recovery to subsequent financial years at a uniform rate of 47 paise per unit, with a public consultation process underway.
- 01Haryana's power distribution companies have filed petitions for regulatory amendments.
- 02They seek to defer the monthly recovery of fuel surcharges to future financial years.
- 03The proposed uniform rate for recovery is 47 paise per unit.
- 04A public consultation process has been initiated, with feedback due by May 1.
- 05A public hearing is scheduled for May 14 in Panchkula.
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Power distribution companies in Haryana, namely Uttar Haryana Bijli Vitran Nigam (UHBVN) and Dakshin Haryana Bijli Vitran Nigam (DHBVN), have approached the Haryana Electricity Regulatory Commission (HERC) for amendments to Regulation 68 of the Multi-Year Tariff (MYT) Regulations, 2024. They are requesting to defer the recovery of the Fuel and Power Purchase Adjustment Surcharge (FPPAS) from consumers, proposing instead to recover the costs at a uniform rate of 47 paise per unit over subsequent financial years. This request comes as the companies aim to manage additional costs associated with fuel and power purchases more effectively. The HERC has initiated a public consultation process, allowing stakeholders to submit their objections and suggestions by May 1. A public hearing will take place on May 14 at the Commission's courtroom in Panchkula, where stakeholders can present their views. The Commission will consider public feedback before making a final decision, striving to balance the financial health of power utilities with consumer interests.
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The proposed changes could affect electricity pricing for consumers in Haryana, potentially leading to lower immediate costs but higher charges in future years.
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