Written by Shalini Narayan | The AAP government is planning to seek de-allocation from high-cost power stations so that it can buy electricity from cheaper sources to help fulfil its poll promise of cutting electricity tariffs by nearly half. Reducing the average per unit cost of purchasing power would allow the government to stick to its declared goal of capping all subsidies at Rs 2,000 crore. The government will also aim to fulfil its promise of conducting a CAG audit into distribution companies or discoms, and creating open access for consumers by bringing in competition among discoms. Sources told Newsline that the government is working on a strategy to alter power purchase agreements (PPAs) that have been signed by between discoms and producers. “The current tariff for power per unit between 1 and 200 units is Rs 4 and between 201 and 400 units, Rs 5.95. We are bound by the PPAs based on which the ministry of power gives power to distributors,” a s
A New Beginning is Made !!! Its Time to change...