Discoms propose 5% tariff hike next year to cut losses

Discoms propose 5% tariff hike next year to cut losses

Consumers might get another shock as discoms have sought a 5% hike in power tariff for 2020-21, to compensate for the losses it has incurred over the last couple of years. This hike has been sought to bridge the gap of around Rs2000 crore in the estimated figures of income and expenditure for the upcoming financial year 2020-21.

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