Odisha government-run GRIDCO demands 45.5 per cent hike in bulk supply power tariff

BHUBANESWAR: Projecting a net revenue requirement of Rs 10,745.42 crore for 2021-22, the State-run bulk power trading utility GRIDCO has requested the Odisha Electricity Regulatory Commission (OERC) to approve an average bulk supply price of 393.39 paise per unit against the existing price of 287.70 per unit.

GRIDCO’s demand for a 45.55 per cent (pc) hike in the bulk supply price (BSP) was strongly opposed by industries and consumer groups at the public hearing by OERC on Tuesday for determination of tariff for the ensuing financial year.

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