HYDERABAD: The state government is likely to take a decision on enhancement of power tariff and forward the proposals to Telangana State Electricity Regulatory Commission (TSERC) in a couple of days.
Energy minister G Jagadish Reddy and finance minister T Harish Rao held a meeting with Transco, Genco and Discom officials on Monday and discussed about the likely enhancement of power tariff to various categories of consumers to bridge the gap between power generation cost and revenue.
Telangana distribution companies have declared that there was a gap of Rs 21,500 crore between their revenue earnings and revenue requirements for two years (2021-22 & 2022-23) and submitted proposals on November 30. The power utilities had estimated their revenue requirement for 2022-23 at Rs 53,053 crore, while the requirement for 2021-2022 was Rs 45, 618 crore. The state government has been giving subsidy for various categories of consumers, especially agriculture sector to the tune of Rs 5,652 crore each year.
