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The Bihar cabinet on Friday gave its nod to a proposal for sanctioning Rs 13,114 crore to provide subsidy to power consumers after the state electricity regulatory commission recommended a 24.10 per cent hike in tariff across all categories of users for 2023-24. The decision to extend relief to consumers was taken at a meeting of the state cabinet chaired by Chief Minister Nitish Kumar. Making this announcement in the assembly, Kumar, said, "The Mahagathbandhan' government has decided not to put additional burden on power consumers in the state. The cabinet today sanctioned Rs 13,114 crore for giving subsidy to power consumers in the next financial year of 2023-24. The sanctioned amount is Rs 4,219 crore more than the total subsidy of Rs 8,895 crore announced for the same purpose in the last financial year, he said. Kumar also said, "I have said earlier that there should be 'one nation, one power tariff' in the country. Why are some states purchasing electricity at higher rates fr
Power tariff in Tamil Nadu is cheap compared to other States, State Electricity Minister Senthil Balaji said on Friday. The picture would be clear if one compared the tariff paid in 2010 and the revised one and also the tariff in other States, he told reporters here. The previous regime increased the tariff by 64 per cent, whereas the present DMK government hiked only Rs 55 per two months for 63 lakh consumers, he said. As far as the powerloom job working unit owners are concerned, the weavers in Tamil Nadu are getting the cheapest power compared to other States and only 70 paise is increased in the revised tariff, he said adding that they can also compare the rates during the AIADMK period with the present rate, Senthil Balaji said. The revised power tariff of the Tamil Nadu Generation and Distribution Corporation Ltd (TANGEDCO) came into effect last Saturday despite opposition by various political parties. The new tariff, approved by the Tamil Nadu Electricity Regulatory Commiss