Power tariff goes up in Punjab

May 9th, 2011 - 8:53 pm ICT by IANS  

Chandigarh, May 9 (IANS) With the onset of summer, electricity consumers in Punjab have been given another shock. The power tariff in the state has been increased by nearly 12 percent.

In the latest tariff order by the Punjab State Electricity Regulatory Commission (PSERC), an increase of 37 paise per unit has been made for all category of power consumers - from domestic to industrial.

The new tariff will be effective from April 1, officials said here.

Informed sources said the Punjab government will subsidize power worth nearly Rs.3,880 crore to farmers in the state owing to its populist ‘free-power’ to farmers policy.

For domestic consumers, the tariff has been increased from Rs.3.11 per unit to Rs.3.48.

For industrial consumers, the new tariff will be Rs.4.47 per unit.

R.S. Sachdeva, co-chairman of the Punjab Committee of the PHD Chamber, said: “This tariff increase is exorbitant and will prove highly counter-productive for the already struggling industry of Punjab.”

The power tariff was increased last year also.

Related Stories

Tags: , , , , , , , , , , , , , , , , , ,

Posted in Business |

Subscribe