Discom spent additional Rs 13K crore to buy more power than okayed in '23-24
According to the recent True-Up order given on April 30, the discom was allowed to purchase 40,686 MUs from central generating stations but managed to get only 37,661 MUs. On the other hand, it exceeded the limit in other areas. While TNERC had approved 1,961 MUs from independent power producers (IPPs) at Rs 1,094 crore, the discom purchased 4,236 MUs at Rs 2,938 crore — an additional expenditure of Rs 1,844 crore.
Similarly, in the case of power exchange purchases, TNERC had given permission for 4,428 MUs at Rs 4,170 crore. But the discom procured 8,606 MUs for Rs 7,953 crore. The commission has raised concern over the sharp rise in power purchase cost, saying it does not match the values approved in the previous tariff order. Responding to TNERC's queries, TNPDCL said the increase was mainly due to a revision in fixed charges by central generating stations and a hike in energy charges passed through by the generators.
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