Thursday, 25 April 2024

 

 

LATEST NEWS When the Congress government came, 50% reservation to women and MSP to farmers : Anuma Acharya AAP’s hard hitting attack on Channi: Post 1st June you will be arrested Manish Tiwari will win by a Huge margin: Jarnail Singh Amman is back with Romantic Track 'Dil Kare' Congress is working to divide the country in the name of religion and caste: Dr. Subhash Sharma PM Modi synonymous with trust, hope, credibility: Devender Singh Rana Atal Dulloo reviews the working & Public Outreach activities of Information Department General, Police Observer interact with Zonal, Sectoral Magistrates, BLOs of district Reasi Div Com Jammu, ADGP visit Rajouri, review preparations for elections Lt Governor addresses seminar on National Education Policy 2020 at Ghazipur DC Bandipora Shakeel ul Rehman Rather reviews Floriculture, Fisheries, Sericulture Departments DC Bandipora Shakeel ul Rehman Rather reviews performance of AHD DC Bandipora Shakeel ul Rehman Rather reviews Agriculture Sector DEO Bandipora Shakeel ul Rehman Rather inspects EVM, material strong room DEO Bandipora Shakeel ul Rehman Rather reviews poll preparedness Harnit Singh Sudan (IAS 2023) Interacts with IAS/JKAS Aspirants Marathon under SVEEP held at Samba to maximize voter awareness DEO Kupwara reviews transportation of polling staff, EVMs DEO Kulgam flags-off cycle rally under SVEEP to raise voter awareness 5 more candidates file nominations for Srinagar Lok Sabha seat TV Serial Actor Abhinav Shukla Net Worth 2024 | 5 Dariya News

 

No rollback on power subsidy to industry : Amarinder Singh

Listen to this article

Web Admin

Web Admin

5 Dariya News

Chandigarh , 13 Dec 2017

Punjab Chief Minister Amarinder Singh on Wednesday ruled out any rollback on the decision to provide power to the industry at a subsidised rate of Rs five per unit.The decision has already been taken by the state government and ratified by the Cabinet, he said, setting at rest all apprehensions of any change in this regard.The Chief Minister in a statement here said the notification on the industrial power subsidy had been slightly delayed only to give the Department of Industries the time to resolve some critical issues faced by the industry on account of the newly imposed fixed power tariff.The two-part power tariff structure announced by Punjab State Electricity Regulatory Commission (PSERC) would prevent the benefits of the subsidy from reaching the bulk industrial power consumers such as the steel industry and the large units with co-generation capacities, Singh said.He said he had received various representations from the industry seeking government intervention to minimise the adverse effect of the fixed tariff.Amarinder Singh pointed out that large units dependent on co-generation were forced to install massive external power capacities and were required to pay fixed charges on the same even though the usage of power from the grid was minimal.The plight of the steel industry was somewhat similar as it required large power capacities for the cold start of its machines and had to pay fixed tariff on the same even though the bulk consumption was much lower, he added.Taking cognizance of the same and some other serious problems faced by the industry, the Chief Minister said he has directed the Chief Secretary and other officials concerned to work out the modalities in consultation with representatives of industry to resolve the matter.The officials have been asked to come out with their recommendations and submit them to the regulator by the end of the month so that the benefit of the subsidy can reach the entire industry in the state, with the fixed tariff impact being minimised.

 

Tags: Amarinder Singh

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD