Cheaper power for new units irks existing players in Madhya Pradesh

The differentiation, the industry has contended, is not allowed under the provisions of Electricity Act, 2003

electricity, power

Preferential tariffs being offered to new business entrants to Madhya Pradesh have led to disputes between a group of industries in the state and the electricity department. The matter, now in the Supreme Court, could become the benchmark for other states offering innovative tariff structures and more flexibility to attract consumers. The Supreme Court is scheduled to hear an application filed by a group of industries in Madhya Pradesh, which said the state government had subsidised power for new industrial units.  The existing units complained the state ...