Daily Archive: April 2, 2012

Haryana raised electricity tariff across the segements

The HERC raised power tariff across the different consumer category. The move will hit the consumer but is necessarry for the loss making utilities.   The tariff will be applicable form 1st April. http://herc.gov.in/mainpages/app_tariff_20110601.htm...

CEA moots mega-project status for coal sector

Amid an ongoing controversy over the Comptroller and Auditor General’s draft report on coal allocation, the Central Electricity Authority (CEA) has strongly recommended giving the coal sector “infrastructure status” with tax holiday and duty...

RBI warns states on power utility losses

The Reserve Bank of India has said the mounting losses of state power utilities (SPUs) is a growing problem for finances of state governments which have issued guarantees and agreed to foot subsidy bills....

LT consumers to pay more

They will provide higher revenue than high tension consumers Low Tension (LT) power consumers, who were traditionally contributing less to the kitty of the Tamil Nadu Generation and Distribution Corporation or its predecessor-entity Tamil...