Gridco seeks 37 per cent hike in bulk supply tariff
BHUBANESWAR: Grid Corporation of Odisha limited (gridco), the bulk power supplier to the State, has requested the Odisha Electricity regulatory Commission (OErC) for a hike in bulk supply price by 37 per cent to meet its annual revenue requirement for 2021-22. Filing its aggregated revenue requirement (Arr) and bulk supply price (BSP) applications before the OErC for the coming financial year(FY), the bulk power trading utility has estimated its net revenue requirement at Rs 10,745.42 crore.
Projecting a net energy demand of 27,315.02 million units (Mu) for the four distribution companies – tPCODl, nESCO, SOuthCO and WESCO, the petitioner said it will face a revenue deficit of Rs 2,899.02 crore from energy sale at the existing average BSP of 287.70 paise per unit for FY 2021-22.
