JAMMU: The Joint Electricity Regulatory Commission (JERC) for Jammu Kashmir and Ladakh on Thursday revised the power tariff from the third quarter of current financial year and it will be effective from October 1, 2022 and claimed that its is still almost half as compared to Haryana, Delhi and Rajasthan.
In this regard, an order issued by the Commission states that the new tariff has been designed in such a way so as to ensure minimum inconvenience to the citizens, while at the same time protecting the interests of the domestic, commercial, agricultural and industrial sectors.
“The average overall nominal increase over the previous tariff last revised in 2016-17 is just 8%, whereas the inflation rate in the corresponding period is 24% (the CPI Combined: All India General Index (All Groups) has risen from 131.1 in April 2017 to 162.5 in July 2022), thus it being safe to say that there is an effective decrease in tariff by 16% (adjusted for inflation),” an official order said.
