Power Tariffs News
It is aimed at encouraging price-sensitive consumers to run their air-conditioners for fewer hours at night, which would in turn reduce the strain on overworked fossil-fuel power plants and lower the risk of nighttime power cuts.
The move will put the common man under an additional burden.
CPPA-G had sought to hike electricity prices by Rs 4.9441 per unit.
An official of state-run miner Coal India said that the impact of freight rate hike would be on the landed cost of coal.
The government is committed to bringing transparency in the allocation of natural resources including coal, the auctions for which have started and would result in lowering power tariff, President Pranab Mukherjee said today.
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