Major reforms of power tariffs are on the horizon as an official committee has recommended lower tariffs for heavy users to encourage electricity consumption as the country moves from a deficit to surplus situation. In India, power consumers have always been paying higher bills for higher consumption. Slabs are fixed and if you fall in the higher consumption range, you pay more. It’s time the country doles out incentives for high power consumption, a committee constituted to advise the government on ways to increase electricity demand has said.
“The present tariff structure has been designed for power shortage scenario in states and has not been changed since Independence. Since India has excess electricity generation capacity now, the existing framework needs to be changed to address the capacity generation glut,” said a member of the committee constituted by the power ministry in September last year to suggest innovative schemes for raising power demand. Read More…
Latest posts by economictimes.indiatimes.com (see all)
- Create Standby Pool to Save Grid From Dip in Green Power: CEA – December 20, 2017
- U.S. Court Removes Creditor Hurdle To A Westinghouse Bankruptcy Plan – December 14, 2017
- Oil Crossing $65 Mark Is A Worrying Sign For Modi Government – December 13, 2017