True-up fee will cost people Rs 3,669 cr: CPI

Vijayawada: Communist Party of India (CPI) writes to Chief Minister YS Jagan Mohan Reddy, saying in the letter that the government should bear the additional burden of true-up fee in the larger interest of the people. CPI State Secretary K Ramakrishna reminded the Chief Minister That he had promised during the election campaign that he would not raise tariffs and even offered to reduce tariffs. He has appealed to them to withdraw the true-up charges from the electricity consumers for the coming eight months in the name of adjustment. The true-up fee will put a burden of Rs 3,669 crore on the people.

The CPI leader said that electricity prices were increased during the last 27 months after the present government came to power, saying it was atrocity. The Electricity Regulatory Authority gave its ruling that discoms could recover Rs 1.27 per unit for electricity consumed between 2014 and 2019 on the pretext that the electricity department suffered losses.

While the Center hiked the prices of fuel, cooking gas and essential commodities, the state government is bearing the burden of hike in property tax, garbage tax and water charges. Now this additional burden of true-up fee is not justified, he added. He said the state government should immediately withdraw the proposal to avoid another agitation against power tariffs and the government should bear the burden of allegations.

 

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