September 06, 2008

Chattisgarh slashes power tariff for industrial consumers

It is reported that, the Chattisgarh State Electricity Regulatory Commission has recently slashed power tariffs for various consuming segments despite pressure from state electricity board for a hike. The new tariff would come into effect from November 1st 2007 and it would remain effective till March 31st 2008 or the issuance of the next order.

1. For low voltage industrial consumers, the commission has revised the tariff from INR 3.90 per unit to INR 3.72 per unit down by 4.62%.
2. For heavy industries from INR 3.83 per unit to INR 3.60 per unit
3. Steel industries in the state that come under the EHV category will pay INR 2.86 per unit instead of the INR 2.91 per unit at present.
4. For steel plants under the heavy voltage category has been revised from INR 3.16 per unit to INR 3.06.
5. The tariff for coal and cement industries has been reduced to INR 4.74 per unit from INR 4.75.
6. For railway traction, which comes in the extra high voltage industrial consumer category, the new tariff will be INR 3.85 per unit as against the existing INR 4.02 per unit.

Mr SK Misra chairman of Chattisgarh State Electricity Regulatory Commission said that “In the wake of the ongoing industrialization in the state, it is necessary to keep power tariffs for industrial consumers at a level not more than in the neighboring states. The tariff has been rationalized and the commission has tried to keep it low.”