Delhiās Power Consumers To Be Paid Enhanced Compensation
Power consumers in the national capital will now be paid enhanced compensation from their discoms in case of outages as the Delhi Electricity Regulatory Commission has issued the revised Supply Code 2017 notifying Delhi government's policy for compensation in case of electricity supply interruptions.
The DERC on Tuesday issued the third amendment in Supply Code 2017 notifying the compensation policy in-line with the directions issued by Delhi government under Section 108 of the Electricity Act 2003, said a Delhi government statement.
Previously, the consumers were paid at the rate of Rs 10 per KW per hour, maximum up to Rs 200, in case of different categories of interruptions in power supply.
According to the new regulation, power consumers will be paid Rs 50 per hour for first two hours of unscheduled cut followed thereafter by Rs 100 per hour, it said. The compensation will be payable automatically by the discoms to consumers and will be adjusted in their power bills.
The discoms will submit a report of all such credited compensations to the DERC on weekly basis, said the statement.
Any disagreement over payment of compensation will be decided by the Consumer Grievances Redressal Forum. Appeal on the CGRF order will be taken up by the electricity ombudsman, it said.
According to the code, if a claim of consumer for unscheduled power cut is upheld by the CGRF or ombudsman, the amount of compensation in such cases will go up to Rs 5,000 or five times of the compensation payable originally.
In case of scheduled outages, the compensation will be payable after 12 hours or in case outage extends beyond 6 pm whichever is earlier.
In cases of burnt or stolen meters, the supply has to be restored within three hours of complaint, thereafter compensation will be payable on hourly basis. Replacement of meter is to be done within three days failing which a compensation of Rs 50 per day will be payable.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.