| Hearing in BSES case adjourned till Dec 1 | |
| BS Reporter / New Delhi November 21, 2008, 0:29 IST | |
The electricity appellate tribunal will next hear the dispute between the Delhi Electricity Regulatory Commission (DERC) and Delhi’s largest power distributor BSES, a unit of the ADAG group, over higher electricity tariffs on December 1.
“The hearing has been adjourned till December 1 as nothing conclusive came out in it today,” said a DERC official. The hearing had started on Wednesday and continued today.
The issue goes back to 2004 when BSES had bought transformers from its parent Reliance Energy Ltd, now called Reliance Infrastructure, for Rs 950 crore. As a result of this expense, BSES had earlier told DERC that it would charge higher tariff than allowed by the regulator. DERC, however, maintains that costs were inflated by 68 per cent.
BSES says that the machinery was bought by it through competitive bidding and that the higher expense was on account of some additional work done as part of the transformers purchase deal with Reliance Energy. It had earlier submitted documentary evidence — quotations from some companies and proof of the additional work — to prove its stand. DERC claims the documents were not genuine.
“There are no fake documents which were submitted by us. And thus there is no question of withdrawing them,” confirmed a senior official from BSES, adding that the company would maintain its stand on demanding higher tariffs.
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