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AUG 11 2016

Chhattisgarh grants rebate in power tariff to domestic consumers

  • Economic Times, ET Bureau / Hyderabad
  • Created: Thu 11th AUG 2016

 

Chhattisgarh government on Wednesday decided to grant rebate in power tariff for domestic consumers, farmers and industrial units by setting up a relief package of Rs 545 crore. The state cabinet, presided over by chief minister Raman Singh, decided to exempt payment of variable cost adjustment (VCA) charges of 37 paisa per unit to more than 40 lakh domestic consumers till March next year.

For this purpose, the state government has approved a grant of Rs 95.61 crore. Similarly, more than 3.46 lakh farmers will be exempted from VCA charges at the rate of 37 paisa per unit while mini steel plants and re-rolling mills will get a rebate of Rs 1.40 per unit on energy cess till March next year. The state government has approved a subsidy of Rs 94.78 crore for farmers and a subsidy of Rs 355 crore for extending this relief to industrial units.

The decision to grant relief comes almost a week after mini steel plants in and around the state capital closed down their operations, citing that these units have become non-viable due to increasing input costs. Besides, the issue had also figured in the Rajya Sabha when Congress veteran Motilal Vora raised it saying that nearly 175 mini steel plant and re-rolling mills were closed.

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Tariff Energy Power

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