Power Tariffs

The draft law seeks mandatory cost-reflective tariffs, lower industrial power rates, and relief from cross-subsidies while boosting clean energy investment

However, the CEC said power demand growth would slow to 5% during the fourth quarter because of a high base effect in the year-ago period

The day-long bandh called by the INDIA bloc to protest the hike over power tariff and to condemn the territorial government's move to privatise the power sector hit normal life in Puducherry on Wednesday. All privately owned transport services were off the roads, while government buses operated with police protection. Police were deployed in strength at all vantage points. The local bus terminal and main shopping centres presented a deserted look in the town. Shops and establishments, vegetable sales outlets, hotels and tea stalls were shut in several parts of the town and its suburbs. Director of School Education P Priyadharshini ordered the closure of all schools, including privately managed institutions, in Puducherry on Wednesday. However, classes IX to XII were exempted from the holiday in view of mid-term tests, official sources said. With the local buses and autos being off the roads, the turn-out at the OPD blocks in hospitals was less than usual. Government offices report

The Punjab Cabinet on Thursday rolled back the previous Congress government's decision to reduce power tariff by Rs 3 per unit for consumers, a move which will yield Rs 1,500-1,800 crore per annum to the state exchequer. However, Punjab Finance Minister Harpal Singh Cheema said 300 units of free electricity per month for the domestic category will continue. In November 2021, the then Charanjit Singh Channi government slashed the power tariff by Rs 3 per unit for domestic consumers, having a connected load of up to 7 kW (kilowatt). The decision to withdraw the previous government's decision was taken in the Cabinet meeting chaired by Chief Minister Bhagwant Mann here. Addressing the media after the cabinet meeting, Cheema said the previous government had reduced the power rates by Rs 3 per unit for domestic consumers, having up to 7 kW load. "We withdrew that decision today," he said. But 300 units of free electricity, started by the AAP government, will continue, he added. Asked

Tamil Nadu's main opposition, the AIADMK and the BJP on Tuesday slammed the state government over the latest power tariff hike announced on July 15, saying the people cannot be burdened due to the "administrative inefficiency" of the ruling DMK. AIADMK general secretary and Leader of the Opposition, Edappadi K Palaniswami, alleged that the tariff revision was a result of the DMK's "arrogance" following its clean sweep of the April 2024 Lok Sabha polls, where the party-led alliance had won all 39 seats in Tamil Nadu. Whenever DMK came to power in the state, power cuts and tariff increase were common, he alleged in a statement. "Due to the arrogance of winning all 39 seats and after the Vikravandi bypoll (which the DMK won), Chief Minister M K Stalin has gifted a five per cent power tariff revision to the people of Tamil Nadu," he said. The former chief minister pointed out that this was the third such revision effected after the DMK assumed power in 2021, and also referred to the ..

The latest amendment to tariff rules by the Ministry of Power is expected to impact the electricity bills of consumers in India. Here's how the bills will change

The system is expected to reduce demand on the grid during peak times when many Indian households crank up their use of airconditioning after work

Expelled AIADMK leader V K Sasikala lambasted the DMK government in the state over the revised power tariff, which came into effect recently, saying it will affect all sections of the people. Sasikala was addressing a meeting after arriving here on Tuesday night to a warm reception by a section of AMMK and AIADMK volunteers. She demanded that the state government roll back the electricity tariff revision. In July, Electricity Minister V Senthil Balaji announced a hike in the tariff for TANGEDCO consumers, proposing an increase of Rs 27.5 (per month) for those using up to 200 units and 65 paise per unit hike for railways and educational institutions. Sasikala, the former aide of late Chief Minister J Jayalalithaa, also stressed on the importance of strengthening the AIADMK to capture power in Tamil Nadu. "To combat the DMK and to capture power in Tamil Nadu, I will work hard to strengthen the AIADMK," she said.

This has to be done to avoid power shortage as domestic coal supply is unable to match the electricity companies' demand for the dry fuel, says R K Singh

The lack of market reform in electricity pricing has limited states' ability to expand capital expenditure on the critical transition to clean energy

The overall average increase accounts for 35 paise per unit for FY 23, which accounts to increase by 4.33 per cent

Punjab is going to the Assembly polls early next year

Goa Power Minister Nilesh Cabral and his Delhi counterpart Satyendar Jain on Monday had a much anticipated public face-off over the virtues of the power tariff structures in place in the two states

Here's a selection of Business Standard opinion pieces for the day

Power ministry says 'an unworkable time schedule' will increase tariffs

SECI is a fully-owned subsidiary of the Ministry of New and Renewable Energy entrusted with the tendering process of renewable projects in the country

Hospitals, nursing homes and diagnostic centres get 5% off on energy bill; extra relief for charitable institutions

The industry body has written letters to 26 states and two union territories seeking relief

The revised tariff will generate additional revenue of Rs 792 crore in the last two months (February and March) of the current fiscal year

Andhra Pradesh should maintain the sanctity of contracts