The Joint Electricity Regulatory Commission will hold a public hearing on January 31 on the proposed move of the state electricity department to hike powertariff by 5% in the 2018-19 fiscal to mop up revenue gaps of approximately Rs 80 crore. In a public note issued on Thursday, it has urged citizens to file objections and suggestions by January 29.
The electricity department, in a separate notice issued on Wednesday, provided a chart of the proposed tariff hike. The department is facing a revenue gap of Rs 473 crore while the budget allocation is Rs 394 crore. Read More…
Latest posts by ET Energy World (see all)
- Over 600 industry leaders to attend India’s flagship renewable energy event on 2nd October - September 25, 2018
- Tamil Nadu Generation and Distribution Corporation to import coal to meet shortage - September 25, 2018
- Govt mulls selling its 65% stake in Power Finance Corporation to REC - September 24, 2018