BEST to continue charging TDLR

BEST expects more financial support from BMC

Mumbai : The Brihanmumbai Electric Supply and Transport (BEST) will continue surcharging the Transport Deficit Loss Recovery (TDLR) to its over 10 lakh power consumers in the city. The TDLR which comes to 15% extra on the basic electricity bill amount will be collected from the consumers until the Maharashtra Electricity Regulatory Commission (MERC) submits the new tariff to the Supreme Court. The MERC is yet to submit the new tariff.

According to the SC’s interim order, the BEST has to continue the old tariff till the new tariff submitted by MERC is accepted.

BEST to recover its losses in its transport division is collecting TDLR from fiscal year 2012-13. But the MERC had allowed to BEST to collect TDLR only till March 2016. It was expected that BEST will recover its accumulated losses in these four years but the BEST has been unsuccessful in doing so. BEST General Manager recently approached MERC to allow it to surcharge TDLR further to divide loses the BEST incurs which goes up to Rs 900 crore per year.

”In 2012, after the Supreme Court’s judgment MERC had allowed BEST to collect Rs 2,876 crore through TDLR to cover accumulated lose. But the BEST could only collect Rs 2,300 crore in last four years through TDLR due to less electricity sale”, said a senior BEST official.

“TDLR is a good way to divide loses. Earlier also BEST used to collect additional charges in form of consumption charges to recover the transport division loses. But after MERC order in 2012, this surcharge was named TDLR”, added the official.

The BEST has always asked for financial help from the State government and the BMC to run its transport division. “If the State government or the BMC takes care of BEST’s loss and even provide with Rs 1000 crore funds per year, the BEST will run smoothly. The BEST undertaking expects that the BMC should take financial responsibility of its sister concern. BMC is the only Municipal Corporation in the state which does not provide helping hand in the transport deficit,” the official added.

(For all the latest News, Mumbai, Entertainment, Cricket, Business and Featured News updates, visit Free Press Journal. Also, follow us on Twitter and Instagram and do like our Facebook page for continuous updates on the go)

Free Press Journal