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MAR 01 2016

Power tariffs to go up as coal cess doubled

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 01st MAR 2016

Power tariffs may go up significantly as the government has proposed to double clean-energy cess on coal to Rs 400 per tonne from Rs 200 per tonne.

The cess will raise prices of coal, highlighting India's commitment to tackle climate change.

The clean energy cess levied on coal and lignite will be renamed as clean environmentcess, finance minister Arun Jaitley said in his budget speech.


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