BHUBANESWAR: Senior BJD leader and Khandapara MLA Soumya Ranjan Patnaik came down heavily on Odisha Electricity Regulatory Commission (OERC) for failing to follow the principle of multi-year tawwwriff (MYT) framework as has been done by regulatory commission at the Centre and other states.
Making his submission before OERC which heard the aggregate revenue requirement (ARR) and tariff applications of State-owned Odisha Hydro Power Corporation (OHPC) and Odisha Power Generation Corporation (OPGC) for 2022-23 in virtual mode, Patnaik said OERC Generation Tariff Regulations-2020 specifies about MYT in pursuance to Section 61(f) of Electricity Act, 2003 and clause 5 of the National Tariff Policy.
