Tamil Nadu: Revised power tariff comes into effect despite opposition ...Middle East

Economy by : (Business Standard) -
The revised power tariff of the Tamil Nadu Generation and Distribution Corporation Ltd (TANGEDCO) came into effect on Saturday despite opposition by various political parties. The new tariff, approved by the Tamil Nadu Electricity Regulatory Commission (TNERC), however, retained the existing scheme of providing 100 units free to domestic, multi-tenements, old age homes and handlooms consumers. The domestic consumers will have to pay Rs 4.50 per unit consumed, as against Rs 3 per unit up to 500 units, up to 400 units for two months and Rs 6.50 per unit from 401 to 500 units, and Rs 8 per unit for 501 to 600 units. The cost will be Rs 9 a unit for up to 601 to 800 units consumed, Rs 10 per un

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