KPTCL's plea for pass through of Rs 720 cr to consumers rejected

By Staff
|
Google Oneindia News

Bangalore, Apr 20 (UNI) Karnataka Electricity Regulatory Commission today once again rejected the application of Karnataka Power Transmission Company Limited (KPTCL) and ESCOMs for pass through of Rs 720 crores, a cumulative additional fixed charges of Tanir Bavi Power Company Limited (TBPCL) to consumers.

According to a release issued by the Commission here, the proceedings were held as per the judgment of the Karnataka High Court on December 22 which had remitted the matter for re-decision by the Commission.

The KPTCL had earlier raised a dispute on the fixed charges payable to TBPCL and the dispute was referred by KPTCL and TBPCL to an Arbitral Tribunal and the latter had passed the order allowing fixed charges as per the claim of TBPCL vide arbitral award dated May 19, 2003.

The KPTCL had accepted the award and also filed an application before the Commission on August seven, 2003 to allow fixed charges as per the arbitral award for pass through to the consumers through tariff. But the Commission had not allowed this claim for pass through to the consumers in its tariff amendment order on December 12, 2003.

Subsequently, the KPTCL and ESCOMs had appealed to the High Court which had remitted the matter for re-decision by the Commission within four months.

The orders were passed by Commission members H S Subramanya and S D Ukkali. Commission Chairman K P Pandey did not participate in the proceedings as he had dealt the matter extensively when he was the Principal Secretary to the Government in the Energy Department.

UNI SR RG RL GC1622

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