Discoms
As suggested by the Centre, major states agreed to the plan of restructuring loan for power distribution companies (discoms) worth Rs 1.2 lakh crore, including revision of tariffs and roping in the private sector. The state government will take over half the short term outstanding loan after discoms issue bonds to lenders. The maturity of [...] Continue Reading »
A delay of three years in Fuel Surcharge Adjustment (FSA) has already worried a lot of apartment owners in Hyderabad. FSA returns of last four years have to be still collected, totalling to Rs 7,500 crore. It is so delayed that the bill for 2008-09 will be announce in 2012-2013 and around 1.8 crore consumers [...] Continue Reading »
Not a single day the residents are free from all the civic woes, as the residents of Delhi should now again be well prepared to face prolonged power cuts. Road widening is yet to commence at Wazirabad Road Number 66. Power discom official reported saying that this process of road widening would cause major damage [...] Continue Reading »
RWAs across New Delhi demanded that a campaign be started to protest against the 22% power tariff hike. They met for a Jan Sunvai on power tariff hike at Chelmsford Club on Saturday. A meeting between United Residents Joint Action (URJA) and Delhi RWAs was held to seek people’s opinion on the recent tariff hike [...] Continue Reading »
Power tariff has been increased in 15 states in the past one year. In eight of those 15 states, the increase has been between 8 and 12%. Delhiites would have to pay more for power from now on. However, Resident Welfare Associations (RWA) have been opposing any hike alleging fudging of accounts and the figures [...] Continue Reading »
