The government will soon approve the power tariff policy which would provide for a penalty for unscheduled power cuts by distribution companies from April 1, Power Minister R K Singh said on Tuesday.
“The proposal for tariff policy ready and will soon go for Cabinet approval. The policy provides for penalty for unscheduled power cuts except in the case of technical faults or act of God (natural calamities),” Singh said during an interaction with media persons here.
He also informed that state power regulators would ascertain the penalty on discoms for voluntary load shedding. Read More
Latest posts by Moneycontrol.com (see all)
- Crude oil likely to stay range-bound in the short term - February 17, 2019
- All that you need to know about Delhi Metro’s 9.6 km Red Line extension - February 15, 2019
- Oil prices hit 2019 highs amid OPEC-led supply cuts - February 15, 2019