DERC likely to delay tariff announcement as new members yet to take charge ...Middle East

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DERC likely to delay tariff announcement as new members yet to take charge
source : Business Standard ( Middle East ) () 50
For the fourth year running, the national capital power regulator DERC is likely to miss announcement of a new power tariff for the city due to delay in two new members of the panel taking charge, sources said on Monday. The Delhi government and LG Office have been blaming each another for the delay, sources claimed. The Delhi Electricity Regulatory Commission (DERC) announces a new tariff after an elaborate consultation process involving hearings with stakeholders, including the consumers and power companies that takes months. The Supreme Court in November last year formed a committee to select two members of the three-membered Delhi Electricity Regulatory Commission (DERC). In March this y

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