Tamil Nadu Electricity Regulatory Commission (TNERC) has issued an electricity tariff order (http://www.tnerc.gov.in/Orders/files/TO-Suo-motu%20O300620231724.pdf) effective from July 1 and said the hike is not applicable to the domestic consumers as per the policy direction issued by the Tamil Nadu government.
In its previous tariff hike order on September 9, 2022, TNERC had approved a methodology for Consumer Price Inflation (CPI) linked tariff revision for FY 2023-24 to FY 2026-27. Based on this, it issued a suo-motu order on tariff for Tangedco.
In a previous order, TNERC said it would adopt the CPI index of April 2023 compared with CPI index of April 2022 to arrive at the escalation rate OR 6% whichever is lower and revise the tariff schedule.