PHD Chamber welcomes Lokesh Jha as chairman SERC

PHD Chamber Kashmir-Chapter HAS welcomed the appointment of Lokesh Jha as the Chairman J&K State Electricity Regulatory Commission (JKSERC). 

Commenting on the appointment, the Chairman PHD Chamber Kashmir Mushtaq Chaya Said: ‘We very much welcome the appointment of Lokesh Jha as the Chairman SERC. The commission was headless during the past two years that deprived the state for revision of power tariff for distribution and generation. We are thankful to governor administration for fulfilling this essential requirement for resolving the power related issues of Industry.”

Chaya said the industrial power tariff benefit to hotels which was sanctioned for the year 2018-19 by the previous government and was further validated upto March-2019 by SAC Decision. This matter was referred to Jammu and Kashmir State Electricity Regulatory Commission (J&KSERC) for obtaining advice in respect of the future financial years (2019-20 and thereafter).