CESC average Electricity tariff for 2015-16 remains flat

RP Sanjiv Goenka Group flagship company CESC Ltd's average tariff for 2015-16 remains unchanged.

CESC Managing Director Aniruddha Basu told PTI that average tariff for 2015-16 remained same at Rs 6.97 a unit as cleared by state regulator.

West Bengal State Electricity Regulatory Commission has cleared the tariff for 2015-16.

CESC had asked for a tariff of Rs 7.55 a unit during their multi-year tariff petition filed earlier.

Another finance department official said there will be no revenue impact for the current fiscal compared with last year.