BHUBANESWAR: The Odisha Hydro Power Corporation (OHPC) on Monday urged Odisha Electricity Regulatory Commission (OERC) to approve its proposal for an average power generation tariff of 95.8 paise per unit for the ensuing financial year.
Estimating its annual revenue requirement (ARR) at Rs 536.73 crore, the State-run corporation requested for a hike of 8.07 paise per unit against the existing tariff of 87.73 paise per unit to recover the cost.
“The proposed tariff is based on capital expenditure to be made on three hydropower stations in the coming financial year,” OHPC Director (Finance) Pravakar Mohanty told mediapersons after the public hearing by OERC.