Delhi: Hike in PPAC cost will not impact consumers, says Arvind Kejriwal
Live MintWith the cost of electricity increasing in Delhi with hike in power purchase adjustment cost, imposed by discoms on consumers, by 4% from mid June, Delhi Chief Minister Arvind Kejriwal on Monday said the increase in power purchase adjustment cost won't impact consumers. Meanwhile, a power department official on Sunday said the hike was made by the power distribution companies after approval by the Delhi Electricity Regulatory Commission due to increase in prices of fuel like coal and gas. "The PPAC in Delhi has been increased by 4 per cent from June 11, according to the approval of the DERC," said an official source. In the latest instance, the decision to increase the PPAC is based on the blending of imported coal, increased gas prices and high prices in power exchanges, which had reached to almost ₹20 per unit, before being capped by the CERC to ₹12 per unit, officials said.