TAMILNADU ELECTRICITY REGULATORY COMMISSION: 2017 Public Hearings on Tariff Revision

(Sources:
TIMES OF INDIA | Jul 26, 2017 | http://timesofindia.indiatimes.com/city/chennai/sparks-fly-at-tnerc-public-hearing-over-debt-power-deals/articleshow/59762754.cms
THE HINDU | Aug 3, 2017 | http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/forums-public-jittery-over-power-tariff-revision/article19411655.ece)


CHENNAI Jul 26, 2017:

There were heated exchanges during the public hearing by the Tamil Nadu Electricity Regulatory Commission (TNERC) on Tuesday on the tariff petition filed by state-run Tangedco and Tamil Nadu Transmission Corporation Limited (TANTRANSCO).

The hearing is a requirement according to the Electricity Act, 2003, on the power utility's petition to determine the Aggregate Revenue Requirement (ARR) from fiscal 2016-17 to fiscal 2018-19, retail tariff for fiscal 2017-18, transmission charges and so on.

A statement from TANGEDCO said the petition "proposes no tariff increase and an adjustment in the subsidy without affecting consumers for the FY2017-18".

TANGEDCO's S Arulsamy, officer on special duty, said the tariff petition was "only to reduce the subsidy element by Rs 2,500 crore. We have asked them [TNERC] to reconstruct tariff only in LT (Low Tension) and domestic tariff, and this is to join UDAY scheme".

The loan of Rs 38,000 crore was for generation, Rs 36,000 crore for distribution and the Rs 6,000 crore interest-free loan was from the state government, Arulsamy said.

The Centre's UDAY scheme ensures takeover of distribution loans only, he added.

Annual accounts for the 2016-17 financial year would be available in September, he said. "We have presented this balance sheet to the Assembly and it is approved. If there are any mistakes, we take responsibility for it," said Arulsamy, who retired recently as TANGEDCO Director (Finance).

He added that TANGEDCO had not revised tariffs for several years, was setting up new projects, and incurring capital costs on upgrading infrastructure.

On power purchase deals, Arulsamy said they "strictly follow merit order" and that the tender process is "transparent". TANGEDCO officials said they had asked solar power companies to lower tariffs.

COIMBATORE Aug 2, 2017:

A three-member panel of The Tamil Nadu Electricity Regulatory Commission (TNERC) headed by its chairman S. Akshayakumar, members C. Rajagopal and T. Prabhakara Rao in Coimbatore on Wednesday, August 2, 2017 and heard grievances and suggestions from public and various trade bodies regarding tariff revision.

The current power tariff in Tamil Nadu was fixed by TNERC on December 11, 2014 which came into effect from December 12, 2014.

Wide range of demands and recommendations were put forth before the Commission. TNERC conducted the hearing based on tariff petition filed by Tangedco, Tamil Nadu Transmission Corporation Limited (TANTRANSCO) and State Load Despatch Centre (SLDC).

TNERC conducted the hearing based on tariff petition filed by TANGEDCO, Tamil Nadu Transmission Corporation Limited (TANTRANSCO) and State Load Despatch Centre (SLDC).

The tariff petition filed by TANGEDCO proposed no tariff increase but an adjustment in the subsidy without affecting consumers for 2017-18.

While TANTRANSCO did not propose any increase in the transmission charges payable by Long Term Open Access customers and Long Term Open Access customers, SLDC sought for determination of Aggregate Revenue Requirement for 2017-18 and 2018-19.