The exorbitant tariff rates quoted by the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has forced the Southern Railway to look for a better deal with a public sector company to cater to its electricity needs.
Tangedco’s Rs 8.12 per unit tariff for power used by the Railway in the State is said to be quite high, not just against the rate offered by public sector companies, but by other governments too.
“The average cost of electricity in Kerala is Rs 5.70 and Rs 4.80 in Andhra Pradesh. In case of excess consumption, the penalty is 300 per cent in Tamil Nadu, wheras it is 150 and 200 per cent in Kerala and Andhra Pradesh, respectively,” said S Rama Subbu, Chief Electrical Distribution Engineer of Southern Railway, Chennai. Read More…
Credit By : New Indian Express
Latest posts by newindianexpress.com (see all)
- India Looks At Buying More US Oil To Reduce West Asia Dependence – October 18, 2017
- India To Pump Rs 10,000 Cr For Exploration – October 18, 2017
- Nalco Plans 2 JVs With US, Russia-Based Companies – October 17, 2017