Most of the powercompanies that signed MoUs at the 2015 Global Investors’ Meet (GIM) are not interested in investing in Tamil Nadu as they want to sign power purchase agreements (PPA) and do not want to come through the tender process.
In an embarrassment to the Punjab government, promise made by chief minister Amarinder Singh to reduce power tariff for industry to Rs 5 per unit have not been fulfilled once again.
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.
Driven by a historic low solar and wind power tariff, India is about to take a leap of faith on the renewable energy front, lining up green project auctions to the tune of about Rs 2.7 lakh crore in 2018.
Samajwadi Party national president and former chief minister Akhilesh Yadav on Monday directed district chiefs of his party to stage protests at collectorates across Uttar Pradesh on Thursday to protest the hike in power tariff by the government of Yogi Adityanath.
Minister for Energy Kala Venkata Rao on Tuesday said there would not be increase in power tariff in the near future as the government could curtail the T&D losses significantly.
At a time when both rural and urban consumers are feeling the pinch of power tariff hike, the decision of Uttar Pradesh Power Corporation Limited to give subsidy on 30,000 units to new upcoming airports in the state has come under fire from Uttar Pradesh Rajya Vidyut Upbhokta Parishad.
The Bharatiya Kisan Union (BKU) on Saturday announced a statewide agitation against power tariff hike in UP, which they said would start from December 5 and go on till the hike is revoked.
The commission has sought to discourage the unmetered power supply by doubling the tariff. The tariff for rural consumers with a connected load up to 2KW will go up from Rs 180/KW per month to Rs 300/KW per month.
Uttar Pradesh energy watchdog has spared the industrial sector from power tariff hike for 2017-18 even as it announced on Thursday a 12 per cent increase in the average tariff payable by the sector across board.