Cross-subsidy leading to 160% tariff for industries in AP

Representatives from the industry today expressed concern about the severe power shortage, hike in power tariff and fuel surcharge adjustment (FSA) being levied by distribution companies.

They stated that the cross-subsidy is much more than the permissible limits working to about 160 per cent of the cost of service.

Devendra Surana, President, Federation of Andhra Pradesh Chamber of Commerce and Industries, met Botcha Satyanarayana, President, State Minister for Transport, to express industry and trade concerns about power shortage and its impact on their productivity.

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