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
Experts foresee two-rupee dip as transmission bottlenecks ease over next few years; Adani group is setting up two dedicated transmission lines covering eastern and western corridors
Supreme Court directed all state regulatory commissions to frame regulations under Section 181 of the electricity act on the terms and conditions for the determination of tariff within three months
France will continue its energy tariff shield costing 16 billion euros ($15 billion) in the country's 2023 budget bill, Finance Minister Bruno Le Maire announced
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
Estranged AIADMK leader and former Tamil Nadu Chief Minister O. Panneerselvam on Sunday attacked the state government's decision to hike power tariff rates
France's energy tariff shield will remain the same for all households in 2023, Economy and Finance Minister Bruno Le Maire announced
Dues to power sector comprise more than 28% of state's debt; state blamed for 'regulatory indiscipline'
The managing director and CEO of TCPL talks about the FMCG major's e-commerce strategy, inflationary pressures on the business, and expansion of out-of-home brands
Power regulator DERC Thursday announced new tariff for Delhi but did not raise the rates, saying it did not see any "good reasons" to do so
The Odisha Electricity Regulatory Commission (OERC) on Saturday approved the Annual Revenue Requirement and Tariff Order for the financial year 2021-22
Project involves setting up 16 new sub-stations and strengthening existing power supply network
A day after the state power sector regulator approved tariff hike from October 1, the opposition BJP and the Congress in Odisha demanded rollback of the move
The Orissa Electricity Regulatory Commission (OERC) has approved a proposal to hike power tariff by 20 paise per unit from October 1
The Delhi Electricity Regulatory Commission (DERC) announced the new tariff on Friday, saying no hike was considered due to the COVID-19 pandemic
Earlier this month, the Gujarat government had decided to reverse its 2018 decision to amend the PPAs it signed with three producers - Tata Power, Adani Power and Essar Power
The foremost question is whether the tariff policy is mandatory or discretionary
The new amendment has capped the 'per unit cost' of electricity to be used for charging an EV at a public station
Power ministry has been planning it for two years, but with limited success
Offering free electricity is regressive; focus on tariff rationalisation and targeted subsidy