The Lt. Governor of Delhi has approved targeted subsidy @ `1.20 per unit to all domestic consumers consuming upto 200 units only and @ `0.80 per unit to all domestic consumers consuming between 201-400 units per month if the consumer crosses the limit of 200 units (only on incremental units above 200 units).
The Principal Secretary (Power) Arun Goel today informed that the date of implementation of the above subsidy provision will be w.e.f. 11th August, 2014 i.e. the date of conveying of approval of Delhi Appropriation Bill by Government of India. The total estimated budget provision for the targeted subsidy is approx. `260 crores upto 31st March, 2015.
Goel further informed that the Government of NCT OF Delhi has conveyed the approval to DERC vide its letter dated 02.09.2014 and DISCOMs were directed to implement the same with immediate effect. More than 84% of domestic consumers are likely to benefit from the targeted subsidy.