Power tariffs rising faster than inflation: Rakesh Nath

Subscribe to GoodReturns

Power tariffs rising faster than inflation: Rakesh Nath
The Appellate Tribunal for Electricity (APTEL), technical member, Rakesh Nath has said that the production of coal is required to be increased in the country in order to check hike in power tariffs that are 'rising faster than inflation'.

Besides, Damodar Valley Corporation, Chairman, R N Sen also said that due to issues related to coal quantity as well as quality, the condition of power sector is not good. Rreversal of this situation will be difficult until coal prices are eased.

Sen further mentioned that the government could also consider offering coal blocks to the public sector companies as well in order to bring down the cost of coal in the country.

Read more about: power, power tariffs
Story first published: Monday, July 1, 2013, 9:20 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?