Summary:
In another letter, the Transco and discoms also requested the ERC to give time till April 15 to them to submit the tariff proposals. After joining the UDAY scheme, no state can opt for a holiday for the tariff hike. If it does not want to increase the power tariff, it has to allot the revenue gap amount in the budget. Even to continue the current tariff, the power utilities have to submit the proposal and get them approved by the ERC.It may be recalled that chief minister K Chandrasekhar Rao announced on the floor of the assembly that he would not be game for a power tariff hike in the coming fiscal. "One of the condition to join the UDAY scheme is to agree for regular revision of power tariff based on the revenue and expenditure..