Consumers to choose power supplier in Delhi? This is what DERC has to say
Aiming to increase competition in the electricity supply market and give consumers an option to choose their power supplier, the Delhi Electricity Regulatory Commission (DERC) has come out with an approach paper.
The commission has placed the approach paper in public domain and sought suggestions from stakeholders on its content.
Presently the consumers can not choose their power supplier. Promoting competition will mean consumers would have the option to choose a supplier and new players would enter the market, the paper says.
The objective of the approach paper is to examine the existing regulatory framework in electricity retail tariff and develop a strategy for creating competition in this market within the present legal framework of the Electricity Act, 2003.
Published in Financial Express, 22nd February, 2018