CM approves lower tariff for spinning mills, ferro alloys units

By: V. Rishi Kumar

The Telangana Government has decided to offer additional rebate on power tariff for the textile industry and steel companies in the State.

The decision was taken during a meeting the Telangana Chief Minister K Chandrashekar Rao had on power sector supply situation and the tariff structure on Monday following representations made by some sections on the difficult times these two sectors were passing through.

Accordingly, spinning mills will get a rebate of Rs. 2 per unit and ferro alloys companies Rs. 1.50 per unit.

The decision comes in the backdrop of representations made by spinning mills where more than 40,000 workers are engaged in. Likewise, about 5,000 people are engaged in ferro alloys units in the State. Both these sectors will have the benefit of the lower power tariff for the full financial year, according to a statement from the Chief Minister’s Office.

During the recent tariff order, TS Electricity Regulatory Commission has passed the tariff order for 2016-17 to be implemented from July 1. As per the order ferro alloys units will have to pay a tariff of Rs. 5 per unit to Rs. 5.90 per unit, depending upon load, apart from time of day tariffs, which incentivises off-peak hour consumption.

For the industrial consumers the tariff ranges from Rs. 6.30 per unit and goes up to Rs. 7.40 per unit.

The regulator has included some new categories this year, which includes Hyderabad Metro Rail as a sub-category of railway traction.

Source: The Hindu

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