Odisha agrees to seek rollback of power tariff hike

Image
IANS Bhubaneswar
Last Updated : Mar 30 2015 | 5:28 PM IST

The Odisha government announced on Monday it would file a review petition before the Odisha Electricity Regulatory Commission (OERC) seeking a rollback in the proposed hike of power tariff for the agriculture sector.

"Keeping the interest of farmers in view, the energy department will file a review petition with the OERC to roll back the hike pertaining to the agriculture sector. The OERC will be requested to adjust it through cross subsidy in the tariff order," Energy Minister Pranab Prakash Das said in a statement.

The announcement also facilitated smooth functioning of the assembly, which has been witnessing uproar since the last week over the power tariff hike.

The opposition parties said they will cooperate in the proceedings of the house.

"We were mainly opposing the burden on farmers by the government. We were also opposing the hike in power tariff for people below the poverty line. As the government has partially accepted our demand, we will cooperate in the proceedings of the house," Leader of Opposition Narasingha Mishra told reporters.

Mishra said the Congress has demanded a complete withdrawal of the OERC decision.

Bharatiya Janata Party legislator Rabi Nayak said the government has bowed down to the demand of the opposition and there has been a change in its direction.

The proceedings of the assembly were stalled almost for a week after the OERC announced a hike in power tariff on March 23.

It announced hike in electricity tariff for domestic consumers by 20 paise per unit and by 40 paise for agriculture.

The new tariff hike was scheduled to be implemented from April 1.

Prior to the announcement, the assembly witnessed pandemonium throughout the day over the issue.

The Odisha Pradesh Congress Committee held protest rallies and demonstrations on Monday at district headquarters, demanding the rollback of the hike.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 30 2015 | 5:20 PM IST

Next Story