JAMMU, Nov 12: The Jammu and Kashmir State Electricity Regulatory Commission (SERC) has approved average 10% increase in the power tariff for the current financial year for the common consumers.
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Sources told that this will help in reducing the Annual Cost of Supply of power and Annual Revenue Requirement gap but it will still remain 2,0000 crores.
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SERC approved the new tariff vide order dated October 7, 2016 and It was also stated in the order that the new tariff shall come into effect from October 1, 2016 and shall remain valid up to March 31, 2017
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