GERC Notifies Gujarat Power Tariffs For Fy23, No Hikes For Consumers

The Gujarat Electricity Regulatory Commission has issued a note detailing the GERC Tariff Orders for Truing up for FY 2021-22 and Determination of Tariff for FY 2023-24.

The exercise is done after State-Owned utilities and other Distribution Licensees of the State have filed the petitions for truing up of FY 2021-22 and determination of Tariff for FY 2023-24.

Based on the petitions, public hearings were held on 28th February, 1st and 2nd March 2023. Several stakeholders including individuals and organisations participated in the hearings, according to the GERC.

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The Commission determined the tariff and finalized all the orders on these petitions.

Important highlights of these Tariff Orders are as under-.

• No changes in scheduled tariff rates for the consumers of State owned Discoms and Torrent Power Limited (Ahmedabad, Gandhinagar, and Surat areas).
• Existing mechanism for FPPPA (Fuel Price Purchase Price Adjustment) charges continued.
• GETCO transmission charges increased from existing rate of Rs. 4047.60 per MW per Day to Rs. 4113.16 per MW per Day for the FY23
• Transmission Charge for Short Term Users is approved as 37.94 Paise per unit for FY 2023-24.
• SLDC charges are approved as Rs. 4019 Lakh for FY 2023-24.
• For Open Access consumers, Distribution losses in kind for HT network of State Owned Discoms is reduced from 10% to 9.50%.

The actual distribution losses as reported by utilities for FY 2021-22 except PGVCL are lower than the target given by the Commission.

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The new targets are as under now.
For State Owned Discoms, for the FY 2023-24, the Commission has approved power purchase cost at Rs. 5.22 per unit and the Base FPPPA charges as Rs. 2.64. For Torrent Power Limited, for the FY 2023-24, the Commission has approved power purchase cost at Rs. 5.55 per unit and the Base FPPPA for Ahmedabad-Gandhinagar area is approved at Rs.2.71 per unit and for Surat area approved at Rs. 2.17 per unit.