Madurai

Chamber flays power tariff revision

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The Tamil Nadu Chamber of Commerce and Industry has opposed the recent revision of fixed charge by the Tamil Nadu Electricity Regulatory Commission (TNERC) and has urged the State government to revert to the previous tariff rates.

In a statement, its senior president S. Rethinavelu said that as per the revised Tariff Order of TNERC, the fixed charges payable by Low Tension (LT) Current Transformer (LTCT) industrial consumers under tariff III (B) has been revised from Rs. 30 per connection to Rs. 60 per kilowatt for two months and to Rs. 120 per KW for two months for LTCT commercial consumer under Tariff V.

An LTCT industrial consumer under Tariff III (B) with a permitted supply of 100 HP is allowed to consume upto to Rs75 KW per month.

If the unit consumed the entire quantum in a month, the fixed charges payable would amount to Rs. 27,000 per year along with current consumption (CC) charges. For LTCT commercial consumers, the annual fixed charges would be Rs. 54,000 at the rate of Rs. 60 per KW under Tariff V.

Terming all these revisions as steep, the trade body said that it would adversely impact an industry that was already besieged by escalating input costs, higher interest rates and a power shortage.

For CM intervention

The Chamber called for the intervention of the Chief Minister Jayalalithaa and called for reverting to the earlier regime of tariffs.

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Printable version | Dec 10, 2019 7:23:57 PM | https://www.thehindu.com/news/cities/Madurai/chamber-flays-power-tariff-revision/article3658494.ece

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