Odisha Latest Business News – Odisha Electricity Regulatory Commission today announced that there would be no change in the Retail Supply Tariff #OERC #Odisha #News
Bhubaneswar: The Odisha Electricity Regulatory Commission (OERC) today announced that there would be no change in the Retail Supply Tariff (RST) for all classes of consumers.
“It (RST) has remained the same as was in the previous financial year of 2013-14,” the Commission said in a release.
Though the DISCOMs (distribution companies) have projected higher level of distribution loss of 32.04 per cent, the OERC has considered average distribution loss of 21.38 per cent for determination of RST for consumer of the state.
However, the OERC has directed the DISCOMs to implement smart metering schemes, energy audit, the SCADA (supervisory control and data acquisition) system on pilot basis in their licence area.
The average BSP is computed at 263.21 paise per unit for the FY 2014-15 as against 265.27 paise per unit in last year. However, there is an increase in the average generation tariff of OHPC (Odisha Hydro-Power Corporation) Power Stations (except Chiplima and Indravati) mainly due to increase in operation and maintenance expenditures.
The average generation tariff of all OHPC Stations has been fixed at 83.02 paise per unit for the FY 2014-15 against 70.77 paise per unit in the last financial year 2013-14.
The Commission had completed the tariff proceedings for 2014-15 by March 22, 2014 but could not publish the decision in view of imposition of Model Code of Conduct.
However, depending on the commercial viability, GRIDCO may purchase the high cost power and also power available from other sources after meeting the State demand for trading purpose. The revenue earned from such trading would wipe out the past liabilities of GRIDCO, the commission maintained.
The transmission charges for OPTCL (Odisha power transmission corporation limited) has not been changed for the FY 2014-15. It has remained same at 25 paise. The Commission has also approved a transmission loss of 3.75 per cent in OPTCL system as against the loss of 3.80 per cent approved in the last year.PTI